In past decades communities regionalized their high school districts to overcome size limitations. Now, community growth, changes in property values, and concern with self-governance have prompted interest in deregionalization. This is the study of a constituent community's desire to withdraw from a regional district. The study has four purposes--to assess the comparative distribution of educational resources among the three high schools in the regional district; to determine the relationship between the present status of educational resources and a desirable level indicated by the needs of the students of the study district; to examine the extent to which the present methods of governance have been sensitive to the study district's needs; and to assess current cost and the projected cost level under the proposed deregionalization plan to ascertain the cost-effectiveness of withdrawing from the regional district. Findings indicate that the community's high school is receiving less than an equitable share of resources; that district governance and community noncooperation will not allow this situation to be rectified; and that deregionalized school operation need not necessitate additional costs. (Author/IRT)