Because of the increasing underutilization of school facilities in Arlington (Virginia), a case study of the management of these facilities was undertaken. The purposes of the study were to discover the political interactions leading to policy decisions on the management of underutilized facilities, to determine the actual policies that resulted from those activities, and to investigate the satisfaction of persons who participated in the process. Two main methods of data collection were used. The first involved the review of documents available within the district and of secondary documents about the district's experiences. The second method was a survey of those who had participated in the decision-making. Results indicate that policy development passed through three periods: a period of preparation for an uncertain future, a time of issue clarification after the enrollment decline was accepted and consolidation of schools began, and a time of implementation of policies that had been consolidated into a single set of priorities and procedures that recognized school and community interests. The general level of participant satisfaction was good. Guidelines for multiple uses of school buildings are included. (Author/IRT)