IPS considering asking taxpayers for property tax increase
INDIANAPOLIS, Ind.– An Indianapolis Public Schools spokesperson confirmed Tuesday that the district is considering asking tax payers for a property tax increase through a referendum.
The district has been dealing with financial troubles for years.
IPS said it was not ready to give a statement on the matter. More details will be unveiled at March board meetings.
All of the district’s high schools are under capacity, according to data released by the district. At a meeting last week, a presentation indicated all of the district’s high school students could fit in just three of the seven IPS high school buildings.
The district spends more than $6.2 million in operational costs for underused facilities.
Enrollment is also down. IPS has lost nearly 20,000 high school students in the last 53 years. A 16-person task force is currently reviewing the current IPS high school situation.