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Property Tax Freeze

MussmanPassed the House, no action by the Senate

IHSDO strongly opposes a Property Tax Freeze

  • Property taxes are the most reliable and predictable source of revenue for our school districts

  • School district revenue must keep up with the rate of inflation as it relates to cost of operations; goods, services, payroll, benefits, etc.

  • An immediate effective date does not allow school districts adequate time to prepare. School districts are in the midst of multi-year contracts that stipulate increases aligned with the Consumer Price Index (CPI) .

  • The Evidence Based Funding formula just passed and has yet to be implemented.