This report presents figures portraying the status of school finance for the 1967-68 school year, and outlines the trends that will have some impact on school finance in the near future. Among the areas discussed are population and enrollment trends, staffing of schools, expenditures on education, and revenue for educational purposes. The study's highlights included: (1) Births and birth rates declined, but total enrollments rose; (2) shortages of qualified teachers and other professional workers continued; (3) teacher strikes and sanctions continued to grow, but negotiated settlements also increased; (4) central cities continued to lose resources while their expenditures increased; (5) State tax revenues increased with new enactments or higher rates, primarily as a result of mounting property taxes. Nonetheless, it is concluded, schools were better financed in 1967-68 than in previous years. The outlook for 1969 is good, although it is partly clouded by inflation and the Federal surtax. Similar data for 1968-69 can be found in EA 002 543. (DE)