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Lebanon schools project nearly 11¢ drop in 2026 tax rate, administrators warn SEA 1 will bite later
Summary
District officials said the certified 2026 tax rate will publish at 86.57, nearly 11¢ below 2025, largely because of assessed‑valuation growth and one‑time levy shifts; they cautioned Senate Bill 1 will exert downward pressure on future valuations starting in 2027.
Lebanon Community School Corp officials told the school board that the district’s certified tax rate for 2026 will publish at 86.57, a decline of nearly 11 cents from the 2025 rate of 97.28.
“Happy to report to the board that our tax rate will be almost 11¢ lower than last year,” finance lead Mister Dennis said, explaining the drop is driven by booming assessed valuation and a $200,000…
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