Indianapolis Public Education Corp Urges Voters to Approve $95 M Tax Referendum

The Indianapolis Public Education Corporation (IPEC) is set to decide on a $95 million property tax referendum on Election Day, Nov. 3. Executive Director Karega Rausch warned that if the measure fails, Indianapolis Public Schools could face insolvency and a potential state takeover, a scenario that would negatively impact students, families, and communities. The IPEC board, which formed earlier this year, has made passing the referendum its primary priority and has begun planning for future meetings to discuss budget details and a unified transportation system. Rausch announced a forthcoming reporting tool that will allow voters to track how referendum dollars are spent at IPS and charter schools, emphasizing that no money will be allocated to IPEC itself. The board also approved a $3.2 million budget, including consulting fees, staff salaries, and office space, and hired a policy analysis firm to prepare for the next legislative session.