Texas school district fiscal response to a state-level call for increased emphasis on technology is examined. The response, in this instance, is budgeted expenditures on a per-student basis on computing and data processing for the 1988-89 school year. Response is investigated as a function of district characteristics such as wealth per student, size, and operating costs per student, and also as a function of student demographics. The report presents an analysis of school district budget reports for the 1988-89 school year from a state-wide public education data system and concludes that fiscal equity may be achieved at the state level if reforms are built into the current system. However, additional technology-directed dollars may not reach districts with the greatest technological needs. A categorical program of technology financing would be likely to reduce equity, especially if funding is directed to districts with substantial high-risk student populations. A recommendation is made for a balanced approach that includes equalized resources, block grants, and pilot project funds. Five statistical tables are included. (18 references) (LMI)