This review summarizes the recommendations of the President's Commission on School Finance and provides an annotated listing of the 34 project reports. The conclusions and recommendations are discussed under the following areas of concern: (1) establishing the preminence of State government in education, (2) initiating full State funding of elementary and secondary education, (3) strengthening State administration of education, (4) saving the inner-city schools, (5) promoting early childhood education, (6) affirming public interest in nonpublic schools, (7) making the educational system accountable, (8) relating education to career needs, (9) creating school districts with balanced resources, (10) exploring innovations and new alternatives, and (11) asserting the national interest in education. (Author)