The Journal Gazette’s Dan Stockman looked at the effect of assessed value on tax rates and found tremendous inequity between wealthier and poorer districts.
In 2008, Logansport taxpayers, with the highest school tax rate in Indiana, had an average per-capita income of just $18,467, but paid a total school tax rate of $4.17. In the Carmel-Clay Schools, taxpayers had a per-capita income of $41,359 but paid a school tax rate of just $1.03.
Stockman’s story points out the likely damage the 2008 property tax overhaul will cause for poorer school districts, particularly with regard to building and transportation costs, but he doesn’t touch on the additional pain lawmakers piled on this year by approving the nation’s broadest voucher program and a bill that will make it easier to open a charter school and further dilute support for existing public schools.
