West Lafayette Community School District Property Tax Referendum
Referendum:"Shall West Lafayette Community School Corporation increase property taxes paid to the school corporation for no more than eight (8) years for the purpose of funding academic programming and operating expenditures and sustaining educational and operational stability in response to reductions in property tax revenue by imposing a property tax rate that does not exceed $0.5706 and results in a maximum annual amount that does not exceed $16,100,000. If this operating referendum public question is approved by the voters, for a median residence of $350,000, the property's annual property tax bill would increase by $956 per year.Background:State Law and current referendum for West Lafayette Community School Corporation:Senate Enrolled Act 1, the property tax law Governor Braun signed into law 2025. The law increases property tax deductions for homesteads meaning less property tax revenue will flow to school districts. As a result, the West Lafayette Community School Board projected a loss of $1.6 million in revenues by 2031.Current state law requires school referendum questions to appear only on the November general election ballot in even number years.Current WLCSC $.37/per $100 assessed valuation will expire 2031.Though the new property tax referendum request ($.5706/$100 assessed valuation) is higher than current referendum ($.37/$100 assessed valuation), it does not increase revenue.
