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Lake Central superintendent urges Schererville voters to back Nov. 4 referendum to sustain school funding
Summary
Lake Central School Superintendent Larry Varaco told the Schererville Town Council on Oct. 8 that changes in state law require a 26.14¢ levy this year to produce roughly the same revenue the district previously raised with a 17¢ rate; he said failure would force about $11 million in cuts and urged residents to vote Nov. 4. Early voting had begun.
Larry Varaco, superintendent of Lake Central School Corporation, briefed the Schererville Town Council on Oct. 8 on a Nov. 4 referendum the district says is needed to sustain current programs and staffing.
Varaco told the council that state changes under Senate Enrolled Act 1 altered the tax formula so the district must ask for a maximum levy of 26.14¢ per $100 of assessed value to bring in roughly the same revenue the prior 17¢ levy produced. "The 26 is the new 17," Varaco said, adding that the increase is not intended to add programs or produce a windfall but to preserve existing services.
He reviewed academic and operational context:…
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