More details of a proposed tax increase for the residents of the Oregon-Davis School Corporation were presented last night in a special public meeting on the matter.
Voters are being asked whether the corporation should increase property taxes 19 cents per $100 of assessed value over a period of seven years to make up for cuts in state funding. Oregon-Davis has lost nearly 15 percent of its funding in the past three years which relates to more than $500,000 since 2009.
If the referendum doesn’t pass, the district, with around 700 students, may have no choice but to consolidate with another corporation. Rumors have swirled that the school will close, but officials have said consolidation will occur before a decision to close the school is discussed.
The referendum will be put to voters on May 8th.