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County leaders say SB1 will sharply limit revenue growth, complicating 2026 budget
Summary
Vanderburgh County officials told the Personnel/Finance Committee that state Senate Bill 1 (SB1) will sharply reduce expected revenue growth for 2026, leaving the county with multimillion-dollar contract escalation obligations that may be unfunded.
Vanderburgh County President Schettler told the Personnel/Finance Committee that Senate Bill 1 will reduce the county’s available revenue growth for 2026 to roughly $760,000, far below the amounts the county had planned to cover upcoming contractual obligations.
“It's in that $7.63 range,” Schettler said, describing the county’s estimated allowable increase under SB1 and adding, “that's what it amounts to.”
The county’s leadership, Schettler said, met with a state representative, the county auditor and the county treasurer to…
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