The Duneland School Corporation wants to stay ahead of potential financial challenges posed by a new state law by asking voters Nov. 4 to renew a referendum levy.
Indiana Senate Enrolled Act 1 enacted property tax reforms that provide breaks for homeowners, but will cap future revenue growth for municipal governments and school districts.
A fiscal analysis performed by the state’s Legislative Services Office on the impact of Senate Enrolled Act 1 estimated that Duneland Schools could lose about $8.3 million in property tax revenue over the next three years, starting in 2026.
Voters first approved the referendum at 22 cents per $100 of assessed property value in 2012. Duneland voters renewed the levy in the May 2019 election, with a 73% favorable vote.
The school board decided to approa