Multiple school districts across central Indiana are considering new operating referendums to address ongoing funding gaps linked to state property tax changes. District leaders say recent legislative changes have reduced available revenue, leaving schools to rely more heavily on voter-approved referendums to maintain programs and services.

Local Impact

In Indianapolis, the Indianapolis Public Education Corporation is evaluating a referendum that currently generates about $49 million in funding. That measure, approved by voters in 2018, is set to expire. Other districts, including those in Hamilton County and surrounding communities, are also reviewing financial projections and considering whether to renew or replace existing referendums before they expire.

According to district documents, the Hamilton Southeastern Board of School Trustees approved a resolution to place a new operating referendum on the ballot. The proposal includes a maximum rate of $0.36 per $100 of assessed property value over an eight-year period. Carmel Clay Schools is also evaluating its financial outlook as a current referendum expires, with district leaders working to address a reported $120 million funding gap.

Some residents expressed concern about the financial impact on homeowners, with one retired Indianapolis homeowner stating, “We are being taxed out of our homes.” Others suggested that districts should focus on controlling costs before seeking additional funding.

Next Steps

School boards are expected to continue reviewing budget projections and hold additional public meetings in the coming weeks. Decisions on whether referendums will appear on the November ballot must be finalized ahead of local election deadlines later this summer.

Original reporting: WOWO News/Talk (Fort Wayne) — read the source article.