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May 5, 2020
Operating Referendum Proposal
www.bcscschools.org Follow us @bcscschools on Facebook, Twitter, and Instagram
Doing more…in more ways…for more students…more efficiently.
www.bcscschools.org Follow us @bcscschools on Facebook, Twitter, and Instagram
www.bcscschools.org Follow us @bcscschools on Facebook, Twitter, and Instagram
New teachers hired since 2012:
608
Indiana Public Education Funding Process
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State Funding = Education Fund
Teachers and classroom supplies,
etc.
Debt Funds
Payments for facility improvements such
as building renovations and the
soccer field construction
Local Property Taxes = Operations Fund
Operating expenses such as custodians, utilities, technology, and transportation
Indiana Public Education Funding Process
www.bcscschools.org Follow us @bcscschools on Facebook, Twitter, and Instagram
State Funding = Education Fund
Teachers and classroom
supplies, etc.
Debt Funds
Payments for facility
improvements such as building renovations and the soccer field construction
Local Property Taxes = Operations
Fund
Operating expenses such as custodians,
utilities, technology, and transportation
Local Property Taxes =
Referendum 2020
For any purpose approved by the Board and
voters
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Administrator Comparisons
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Changes in Indiana law mean that BCSC schools have collected $46M less since 2009
than if the law remained unchanged.
• Property tax caps $2.5M in 2020• State funding reduction $3M in 2010• Funding formula shift $ to more affluent• Complexity definition changes
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2019 GapsBudget$0.3158Location$0.2531IN Mean$0.2265Assessed Value$0.2120
Referendum Proposal
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BCSC proposes a property tax rate increase of $0.1560 per $100 of assessed value to increase teacher and support staff salaries and improve student safety.
Rate remains below the Indiana average and in similar districts
100% goes towards employee salaries and student safety
$7.79/month for an average homeowner (less than $100/year)
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•100% of the money will support employee retention and student safety
A Closer Look
1. Implement substantial teacher retention increases to reduce teacher turnover ($42.4M or 67.9%)
Employee Retention and Recruitment
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2. Increase support staff pay ($11.6M or 18.6%)
• Average 9.4% increase for 95 bus drivers• 4‐10% increase for other support staff• Average 7.3% increase for ~900 FT and PT employees
Employee Retention and Recruitment
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3. Update bus fleet ($3.8M or 6.1%)4. Sustain Counseling Counts mental health and
social‐emotional health Pre K‐12 ($3.2M or 5.1%)5. School Resource Officers ($1.5M or 2.3%)
Student Safety and Security
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Proposed Expenditures by Category
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•Cost to the average homeowner is $7.79/month
A Closer Look
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Monthly tax impact
Home assessed value $113,100 $141,800 $298,800
‐ homestead deduction ‐$45,000 ‐$45,000 ‐$45,000
‐ supplemental deduction ‐$23,835 ‐$33,880 ‐$88,830
‐mortgage deduction ‐$3,000 ‐$3,000 ‐$3,000
Net assessed value $41,265 $59,920 $161,970
x $0.156 rate per $100/month $5.36 $7.79 $21.06
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Referendum proposalBCSC proposes a property tax rate increase of $0.1560 per $100 of assessed value to increase teacher and support staff salaries and improve student safety.
Rate remains below the Indiana average and in similar districts
100% goes towards employee salaries and student safety
$7.79/month for an average homeowner (less than $100/year)
REMINDER
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Process
Board Presentation
Board Approval
VoterRegistration
DeadlineElection day
MondayDec. 16
MondayJan. 13
MondayApr. 6
TuesdayMay 5
TuesdayApr. 7
Early Voting Begins
Access more information, a tax calculator, and FAQ at:www.bcsc.k12.in.us/referendum
Register to vote:indianavoters.in.gov/
Questions?
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