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Northwest Allen County Schools leaders outline operating referendum plan and explain how school funds work
Summary
District finance staff explained the difference between state-funded education dollars, locally funded operations and debt service, described circuit-breaker losses and shared an online tax-impact calculator ahead of a planned authorizing resolution for an operating referendum.
Superintendent Barker and district finance staff told the Northwest Allen County Schools board and the public on Monday that the district plans to ask the board on June 23 to authorize an operating referendum for the November 2025 ballot, and they explained how different school funds can — and cannot — be used.
The presentations by Mr. Basham and Superintendent Barker laid out the district’s five fund types — education, operations, debt service, capital referendum debt service and an operating referendum fund — and stressed that the education fund is paid entirely from state tuition support while operations and debt service are supported by local property taxes.
Mr. Basham said the education fund “is for direct instructional things” such as teachers’ salaries, curriculum and classroom technology, while operations covers building maintenance, custodial…
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