Indianapolis voters to decide Nov. 3 on IPS property-tax increase that would raise $95M yearly

WISH-TV reports voters will decide on Nov. 3 whether to approve a property-tax increase for Indianapolis Public Schools (IPS). IPS told WISH-TV the referendum would generate $95 million each year for the next four years, with half the revenue going to IPS and half to charter schools. The district estimates a homeowner with a $150,000 home could pay about $221 a year under the measure.

The district said the current IPS referendum ends in 2026 and estimated that approval would raise a typical homeowner’s bill by about $115 a year (about $9 a month) compared with the current levy. IPS officials told WISH-TV they could face about $45 million in cuts if voters reject the measure; Superintendent Aleesia Johnson said the referendum is an investment in students but that the district would still need to cut up to $20 million even if it passes. IPS will hold an informational meeting at 6 p.m. on 2026-10-20 at the district office.

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