This report presents data on the performance of New York City public schools over the past 5 years. Only 70 percent of students complete high school, either by obtaining a diploma or a GED, within 7 years of initial enrollment. Only 44 percent of black students and 39 percent of Hispanic students, complete high school within 4 years. While passage rates on the state's Regent's examinations have increased since 1995, fewer than 50 percent of city students pass even 1 of these exams. Only a maximum of 19 percent of city students could have passed 5 exams last year, based on low passage rates for biology and earth science. Since students will have to pass 5 exams to graduate from high school by 2005, city high school graduation rates may drop precipitously soon. Only 41 percent of city elementary and middle school students scored at an acceptable level on the citywide reading tests in 2000, while 34 percent scored at an acceptable level on the citywide math tests. One in five city elementary and middle school students scored at the lowest level on the reading tests, and nearly one-third of these students scored at the lowest level on the citywide math tests. (SM)