Indianapolis Public Education Corporation Referendum - School Operation Tax Levy

Shall the Indianapolis Public Education Corporation increase property taxes paid to the Indianapolis Public Schools (IPS) and participating charter schools for no more than four (4) years for the purpose of funding teacher and staff retention, professional development, and advancing academic programs and opportunities by imposing a property tax rate that does not exceed $0.372 per $100 of assessed value and results in a maximum annual amount that does not exceed $95, 000,000? If this operating referendum public question is approved by the voters, for a median residence of $150,000, the property's annual property tax bill would increase by $221 per year.