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Carmel Clay Public Library warns SEA 1 could remove a large share of operating revenue; seeks public support
Summary
Library Director Bob Swaney told a public livestream that SEA 1 will reduce the library—s property-tax share and alter local income-tax distribution, costing the library about $330,000 in 2026 and threatening up to 45% of operating budget if local income-tax allocations change under the law.
Bob Swaney, director of the Carmel Clay Public Library, described how SEA 1 and other state funding changes threaten library collections, programs and long-term planning.
"For us, that would be losing 45 percent of our operating budget," Swaney said when describing the potential loss of local income-tax revenue under SEA 1's new distribution rules. He said the law phases changes through 2028 and beyond and that library revenue from local income tax was $5.1 million in 2024.
Swaney provided usage and budget context: the system recorded more than 2.1 million…
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