On February 4th, 2019, the Duneland School Corporation School Board announced its intent to put a school referendum on the May 7th ballot. The Board is seeking approval from the community to continue the twenty-two cents ($0.22) tax levy originally approved in 2012, for the purposes of maintaining the current educational and operational programs including student safety and building security, compensating teachers and staff, maintaining class sizes and any other educational or operational needs of the Duneland School Corporation.
What is a Referendum?
A referendum is a general vote by the electorate (eligible voters) on a single political question that has been referred to them for a direct decision.
What are Property Tax Caps?
Property Tax Caps are in the Indiana Constitution and “cap” property taxes at 1% for residential; 2% for apartments/farmland; and 3% for all other property including business. A successful referendum may result in property taxes that exceed property tax caps.
What’s the Role of Property Taxes?
Most states require homeowners, business owners, and farmers (land owners) to pay property tax.
These taxes are collected by local governments and are used to pay for local services and items such as:
- Gov. official salaries
- School operational funds
- Police and fire protection
- Maintenance of local roads and parks