ACKNOWLEDGMENTS We are grateful to Joseph Wisnowski, Coordinator for School Finance and Fiscal Analysis, Texas Education Agency, for giving us access to the data used in this report and to Scott Lewis, who helped us sort through many of the data questions. Special thanks go to our reviewers, Lionel Galway of RAND and Daniel Goldhaber of the Urban Institute, and to two anonymous referees who reviewed a shorter version of this report for Educational Evaluation and Policy Analysis. The report has benefited considerably from their comments in terms of both substance and clarity. Thomas Sullivan, a RAND colleague, provided helpful comments on the analysis during the course of the project. We thank Karshia Farrow for her assistance with the draft report and Patricia Bedrosian for her impeccable editing. xix