This report compares West Virginia's reading and mathematics performance on the most recent administrations of the state assessment with performance on the National Assessment of Educational Progress (NAEP). To indicate how West Virginia is doing in narrowing the academic achievement gap between African American and Latino students and their white, middle class peers, the report presents NAEP data by race/ethnicity. The report presents other state-level data on K-college education, including demographic distribution across each educational level, participation and success in Advanced Placement, percentage of students taking high-level courses, school funding gaps, and high school and college graduation rates. On the 1998 NAEP assessment, 62 percent of 4th graders performed at basic or above in reading, with 29 percent at proficient or above. White 4th graders significantly outperformed African American 4th graders. On the 2000 NAEP, 62 percent of 8th graders performed at basic or above in math, with 18 percent at proficient or above. Again, whites significantly outperformed African Americans. West Virginia had the 10th smallest African American-white 4th grade reading achievement gap in 1998 and the 2nd smallest African American-white 8th grade math achievement gap in 2000. African Americans are underrepresented in Advanced Placement test taking, while Asian Americans take them at high rates. About 40 percent of West Virginia's high school students enroll in college, compared to 54 percent nationwide. Approximately three in ten West Virginia secondary classes are taught by teachers lacking a major or minor in the field. Districts with the highest child poverty rates have the fewest state and local dollars to spend per student. Districts with the highest minority enrollments have the most dollars to spend. (SM)