Indiana School Districts to Place Record Number of Property Tax Referendums on November Ballot Amid Funding Pressures

A record 38 Indiana school districts are preparing to put property tax referendums, totaling approximately $500 million, on the November ballot. This surge follows a new state law limiting school referendums to once every two years, prompting districts to seek early renewals. Officials attribute these measures to rising costs and reduced property tax revenue, while a state representative is advocating for the return of $98 million from the state's budget surplus to K-12 schools to help alleviate financial strain.