This third edition of the annual status report on Nevada schools presents information for the school year ending June 1987. Data present a picture of Nevada's 17 school districts. Information for the state as a whole and each district is grouped into categories of: (1) financial; (2) students; (3) student achievement in terms of graduation rate and results on the Nevada High School Proficiency Examination (NHSPE), Stanford Achievement Test, American College Testing Program tests, and Scholastic Aptitude Test; (4) teachers; and (5) classroom. The following trends are highlighted: (1) growing school enrollment for the third straight year; (2) increasing numbers of students taking national college admission examinations and scores above national averages; (3) more than 95% of juniors passing the NHSPE; (4) graduation rate at 75%; (5) increasingly crowded classrooms; and (6) a three-year 20% increase in teacher salaries. Enrollment in 1987 was 161,239, a 4% increase over the previous year. There are six figures and one table in this section. Each of the 17 district sections contains three figures and one table. Two final tables contain financial data for 1987. (SLD)