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Marion treasurer warns property tax reform could ‘devastate’ school funding; board asks staff to prepare local talking points
Summary
Treasurer Jolene Carter told the board that competing House and Senate proposals on property tax/cash‑balance rules could reduce Marion’s funding and urged preparation of district‑specific talking points for public advocacy; the board discussed outreach to legislators and drafting materials for residents.
Treasurer Jolene Carter told the Marion City Schools Board on June 16 that pending state budget proposals and property tax reform could sharply reduce local school funding and urged the district to prepare public talking points showing what a worst‑case scenario would mean locally.
Carter said the district’s cash balance is currently estimated to be just over $23,000,000 on June 30 but that May cash levels were about $1,500,000 lower than last year at the same time. She said competing state proposals differ on required cash balances (the House favored roughly 30%; the Senate about 50% in the presentation) and a reform that…
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