City Council confirms flat tax rate with no increase for 2023 budget

March 22, 2025 | Center Grove Community School Corp, School Boards, Indiana


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City Council confirms flat tax rate with no increase for 2023 budget
During the recent Center Grove Schools Board Meeting held on March 20, 2025, key discussions centered around the district's financial planning and tax rate management. The meeting highlighted the district's commitment to maintaining a stable tax rate for over a decade, a point emphasized by board members during the session.

One of the primary topics was the district's budget, which included figures of $17 million and $8 million for capital and recurring expenses, respectively. This budget reflects a consistent approach to financial management, as the recurring expense figure remains unchanged from the previous year. Board members expressed the importance of transparency in these figures, ensuring that community members are well-informed about the district's financial health.

A significant point of discussion was the district's tax rate, which has remained flat since 2009, with only a minor increase of 4 cents two years ago to fund an energy savings project. This long-standing stability in the tax rate is a notable achievement for the district, as it indicates effective financial stewardship and planning. Board members reiterated that there would be no tax rate increase associated with the current budget, which is a relief for taxpayers and reflects the district's ongoing efforts to manage resources wisely.

The meeting also touched on the positive outcomes from previous investments, particularly in energy efficiency, which are expected to yield savings for the district. This focus on sustainability and cost-effectiveness is part of a broader strategy to enhance the educational environment while being fiscally responsible.

In conclusion, the Center Grove Schools Board Meeting underscored the district's commitment to financial stability and transparency. As the board continues to navigate budgetary challenges, the emphasis on maintaining a flat tax rate and investing in future savings will likely resonate positively with the community. The board's proactive approach sets a foundation for ongoing discussions about educational funding and resource allocation in the future.

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Scribe from Workplace AI
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