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Indian Hill board adopts 2027 tax budget amid uncertainty over state property-tax changes
Summary
The Indian Hill Board of Education unanimously adopted its fiscal-year 2027 tax budget after a detailed presentation on how recent state changes to property-tax rules and possible voucher legislation could affect local school funding.
The Indian Hill Board of Education unanimously adopted the district's fiscal-year 2027 tax budget after a lengthy presentation and discussion about recent state-level changes to property-tax rules and potential voucher legislation.
Mr. Davis, the district treasurer, explained that roughly 85% to 90% of the district's revenue comes from property taxes and that the district is projecting operating deficits for the upcoming fiscal year. He told the board that recent legislative changes alter how fixed-sum levies count toward the 20-mill floor, cap inflationary increases at 8.5%, and could produce taxpayer credits; the mechanics and long-term effects of those provisions remain unclear.
"We are currently running deficits for the upcoming fiscal year," Mr. Davis said, summarizing the district's fiscal position and the need to certify levies in order to collect property taxes. He noted that the 8.5% cap on inflationary increases will limit how much revenue districts can recover after reassessments.
The board debated the broader policy context. One member warned that court cases and proposed voucher expansions could transfer public dollars to private schools, a move the member said might be "catastrophic" for public districts because of the heavy reliance on local property-tax revenue. Another member asked whether the board should increase outreach to educate residents about how schools are funded.
Board members also asked for context on state funding per pupil. Mr. Davis said the district receives roughly $300 per student from the state (excluding federal funds for special programs), and that local property taxes supply the bulk of the remainder. Members noted Indian Hill's relatively low millage within Hamilton County and emphasized the district's large residential base and commercial tax contributors.
After discussion, the board unanimously approved the motion to adopt the fiscal-year 2027 tax budget by roll-call vote. The board chair said the district will continue monitoring state actions and keep the public informed.
The board adjourned after brief additional remarks about upcoming work sessions and the superintendent-search process.
