You may recall I cited a WFYI news story April 8 saying the tax deal under consideration by state lawmakers would cost Hamilton Southeastern (HSE) Schools $21 million over 3 years.  Now, on April 10, it appears the leaders in the Indiana House and Senate, and Governor Mike Braun, have struck a deal for property tax relief.

Part of that deal will take money away from local governments.  We are still waiting on how much local units of government would lose under this agreement at the Statehouse, but WFYI is updating how much local school corporations would lose under this plan, and it is not good news for HSE Schools.

The proposal before state lawmakers would rob the HSE School District of $26.7 million over 3 years.  There is also a provision in this legislation for public schools to share revenue with charter schools.

To read WFYI reporter Rachel Fradette’s story about all this, use this link.