Congress has chosen to allocate by formula the compensatory education funds in Elementary Secondary Education Act Title I down to only the county level. From the county to the local school district the state may choose any option or allocator deemed consistent with the overall objective of concentrating the funds in districts with a large number of students from low income families. It appears that a more even distribution of priorities in compensatory education across low income students living in a variety of population densities may be desired. Whether or not the present allocations are consistent with these priorities is a question of judgment. To support such judgment, this report provides an analysis of the effect of alternative allocators on school districts in selected counties in five different states whose demographic characteristics and available data base permitted highlighting the magnitude of the effects of different choices. The sample was selected mainly to look at counties that contained a large city, suburbs, and rural areas. The analysis is stated to be quite complicated because there are various factors impacting on allocation and their effect could not be analytically combined. (Author/JM)