For third time, voters will be asked to OK a hike in property taxes to help schools address deficit

FORTVILLE — The Mt. Vernon School Board voted Monday night to move forward with the school’s third referendum, which will seek an additional $2.5 million over the next three years to help eliminate the district’s remaining debt.

The district has an outstanding debt of about $4.5 million with about $2 million in cash reserves, creating a real debt of approximately $2.5 million.

Voters will have their chance to decide whether or not to support the cash infusion for Mt. Vernon in the primary election on Tuesday, May 6. Before then, school officials and the GraduateMVCSC group will work to persuade people that voting in favor of the referendum is in the best interest of the community.

GraduateMVCSC (Growing Resources to Alleviate the Deficit and Unify Area Taxpayers for Education at MVCSC) was formed with the intentions of unifying people and helping them better understand what a successful referendum could do for the community. Now that the school board has chosen to put the issue on the May ballot, GraduateMVCSC leaders are set to hit the ground running.

“We look at the school as a beacon for our community,” GraduateMVCSC leader Jeff Mull said at the school board meeting on Monday.

The full story is available to subscribers only.

Subscribers can read the entire story online by signing in here.

Not a subscriber? Become one today by clicking here.

All content copyright ©2015 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528