STAND. COM. REP. NO. 1502-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.R. No. 138
                                     




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.R. No.
138 entitled:

     "HOUSE RESOLUTION REQUESTING AN ANALYSIS OF CURRENT AND
     COMPARATIVE PATTERNS OF PUBLIC SCHOOL FINANCING,"

begs leave to report as follows:

     The purpose of this measure is to request that the
University of Hawaii conduct a comprehensive analysis of Hawaii's
ability to fund K-12 education.

     In addition, this measure requests that the University of
Hawaii:

     (1)  Analyze the State's historical and current commitment 
          to funding K-12 education;

     (2)  Identify potential peer states and districts that share 
          commonalities on key education, demographic, and
          economic dimensions, such that these peers can be used
          for benchmarking and future comparative study;

     (3)  Recommend goals for levels of funding that represent   
          adequate funding targets; and

     (4)  Submit its findings and recommendations to the         
          Legislature prior to the Regular Session of 2001.


 
 
 
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     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee concurs with the intent and purpose of H.R. No. 138,
and recommends its adoption.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair