From 19 to 55 cents: IPEC hears options for a possible tax increase

The Indianapolis Public Education Corporation (IPEC) is considering options for a potential tax increase, ranging from 19 to 55 cents per $100 of assessed property value. The decision could impact homeowners with annual costs between $169 and $475, depending on the rate approved. A vote on the tax measure is scheduled for June 22, ahead of a July 22 deadline for the ballot question.