The California Supreme Court, in Serrano vs. Priest, declared property tax wealth and resulting education expenditure disparities that favor the wealthy in violation of the equal protection provisions of the U.S. and California Constitutions. Legislators have proposed a number of ways to satisfy the implied mandate, all resulting in the eventual attainment of equality of expenditures, wealth and/or tax rates. This paper looks at simulations of some of these proposals and concludes that more equality of expenditures for all children attending school in our largest cities may well result in less equity of expenditures for Black children. Equality connotes evenness of distribution. Equity connotes fairness. The value judgement involved in the latter will ultimately be made by whomever prevails between the advocates for quality education for Black children and those who are saying that Black children should get no extra resources (or worse, are genetically inferior). Quality education for Blacks cannot be brought forth with equal expenditures in a school system designed to serve, and biased toward, white culture, for a host of reasons, all of which must be well researched. Positions must be taken on the best interpretation of available data, while new knowledge is being developed. These positions must be taken by organized caucuses of legitimate educational associations as well as laymen in politics, boards of education, and community leaders. Among the positions advocated in this paper is that relevant educators demand the funding of a Black dimension of all basic research that threatens to have a major impact on the Black community, and in particular, school finance research. Tools and