The Merry-Go-Round of the '90s: Financing Public Elementary and Secondary Education.

Issues in educational finance in elementary-secondary education for the 1990s are examined in this paper, which asserts that demographic and economic changes have increased the need for additional resources in education. Recent fiscal trends include an increase in resource inequities among the states and a mismatch between resource needs and resource bases. Issues that will need to be addressed in the 1990s include fiscal capacity, restructuring finance formulas, and funding equalization. The future of public education finance at the elementary and secondary levels is at best uncertain; however, it is essential that a scenario for education and for the impact of our future environment on educational policies be developed. (Contains 13 references.) (LMI)