Porter Township School Corporation - School Operation Tax Levy

SHALL PORTER TOWNSHIP SCHOOL CORPORATION INCREASE PROPERTY TAXES PAID TO THE SCHOOL CORPORATION FOR NO MORE THAN EIGHT (8) YEARS FOR THE PURPOSE OF FUNDING AND SUSTAINING EDUCATIONAL AND OPERATIONAL FUNDING STABILITY IN RESPONSE TO REDUCTIONS IN PROPERTY TAX REVENUE, INCLUDING MAINTAINING ESSENTIAL HEALTH AND SAFETY INITIATIVES, INCLUDING THE EMPLOYMENT AND RETENTION OF SCHOOL RESOURCE OFFICERS, SUPPORTING AND RETAINING TEACHERS AND STAFF, MANAGING CLASS SIZES, MAINTAINING ESSENTIAL STUDENT TRANSPORTATION AND FUNDING ACADEMIC AND SUPPORT PROGRAMS TO MEET THE EDUCATIONAL NEEDS OF ALL STUDENTS, BY IMPOSING A PROPERTY TAX RATE THAT DOES NOT EXCEED $0.3576 AND RESULTS IN A MAXIMUM ANNUAL AMOUNT THAT DOES NOT EXCEED $3,500,000. IF THIS OPERATING REFERENDUM PUBLIC QUESTION IS APPROVED BY THE VOTERS, FOR A MEDIAN RESIDENCE OF $ 350,000.00, THE PROPERTY'S ANNUAL PROPERTY TAX BILL WOULD INCREASE BY $599.00 PER YEAR.