Last week, the Pacific Research Institute released the California Index of Leading Education Indicators 2000 which lays out the latest data on public education in California, including test results, grade-point averages, dropout and graduation rates, course difficulty, teacher quality, education expenditures, and many other key factors. The recent analysis by the Legislative Analyst’s Office (LAO) of Governor Gray Davis’s proposed 2000–01 budget makes many of the same observations contained in the Index’s section on education spending.