FAQ 12 Will the Reorganized City Harm HSE Schools

[Admin]

You may hear that this reorganization does not affect HSE schools.

It does!

The type of city either a Reorganized / Hybrid City or a Real City will not in itself affect the schools.

An example is using one dollar. Each taxing entity added together taxes one dollar total. This includes Fishers, HSE, townships, libraries, etc.

Now, if Fishers taxes you more, the other taxing entities will receive less of the dollar.

So HSE's cut of your taxes is less so HSE schools receive less funding.

All of Unincorporated residents will receive a large tax increase if this Reorganized City passed. This will reduced HSE funding.

This one dollar example is the 1% tax cap.

Vote NO on Public Question #1.

We don't want another HSE Referendum ....... so soon.

[faulty]

This is very true, think of a pie and all taxing districts get a slice of the pie. If Fishers gets the 2700 parcels in the unincorporated areas their taxes go up by about 13-14%. The tax pie is set at 1%, which is the tax cap, so as the unincorporated taxes go up all the others have to have a smaller slice of the pie. Just ask the county auditor. I did.