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Business director warns Senate Enrolled Act 1 could cost Tri‑Creek about $1.86 million in 2026

Tri-Creek School Corporation Board of School Trustees · August 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Dana, the district's business director, told the board that DLGF estimates show Senate Enrolled Act 1 could reduce district property‑tax revenue by about $1,860,000 in 2026, with direct pressure on debt‑service and operations funds absent state protections.

Dana, Tri‑Creek's Director of Business Operations, told the board that Senate Enrolled Act 1 — a state property‑tax relief measure — is likely to reduce the district's assessed value base and materially lower property‑tax revenue.

Using DLGF (Department of Local Government Finance) data, Dana said the district is looking at an estimated $1,860,000 revenue loss in 2026, a 189% increase over the prior year’s…

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