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Proposed 2027 budget: $106.1 million

Financial
HIGH SCHOOL BUILDING.
W. H. BANTA,
SUPT. CITY SCHOOL.
Date: Circa 1903
Source Type: Souvenir Book
Publisher, Printer, Photographer: Hobart & Kennedy
Postmark: Not Applicable
Collection: Steven R. Shook
Remark: This image was taken from a souvenir book of the College Hill area located in Valparaiso, Indiana, published by Hobart and Kennedy. Given the content of the book, it is believed that the book was most likely published in 1903.
This particular site located at 305 North Franklin Avenue has b
Steve Shook from Moscow, Idaho, USA · by

What happened

On August 27, 2026, the district presented a proposed 2027 budget of $106,125,723 for its tax-supported funds. That is up about 1.6% from about $104.5 million for 2026. The advertised tax rate is $0.9920. Officials said the rate rises partly because a new state property-tax law (SEA 1) lowers property values. The city council, which must approve the district's budget, approved it in October.

Why it matters to families

The budget sets how much the district can spend on staff, buildings and buses next year, and the tax rate affects local property taxes.

The evidence

The August 27 recording gives the totals ('104,45426' for 2026, garbled in the captions, and '106,125723' for 2027) and the advertised rate of '.9920'. On October 15, the superintendent said the council had approved the budget.

The source

August 27, 2026 board meeting recording (auto-generated captions)

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