Three Hamilton County school districts OK operating referendums

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Voters in three Hamilton County school districts overwhelmingly voted to approve operating referendums in Tuesday’s election.

The decisions will continue to send millions of dollars in property tax revenue to the districts for staff, programs and services.

Here’s a look at the approved plans:

Carmel-Clay Schools

With all precincts reporting, 67.8% of voters approved a referendum for Carmel-Clay Schools that will continue an existing property tax hike of 19 cents per $100 of assessed value for the next eight years.

The plan is expected to raise about $24 million annually. The district expects to spend $23 million to retain and attract teachers and staff.

Hamilton Southeastern Schools

More than 70% of voters in the Hamilton Southeastern Schools district approved a referendum that will continue an existing property collection at a decreased rate of 19.95 cents per $100 of assessed value for the next eight years.

The plan is expected to raise about $24 million annually. The district expects to spend $9 million for attracting and retaining teachers and $5.9 million for maintaining class sizes.

Sheridan Community Schools

Nearly 82% of voters in the Sheridan Community district approved a referendum that will continue an existing property tax at rate of 25 cents per $100 of assessed value for the next eight years.

The plan is expected to raise about $1.3 million annually. The district expects to spend $896,000 for retaining and attracting teachers and staff.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In