More information needed for Cannelton Schools referendum

Cannelton City Schools, citing a "funding shortage," seeks Cannelton voters' approval of a special tax increase of $.41 per $100 of assessed valuation. In the interest of having complete data on which to make an informed decision on such an important issue, the following is submitted:

According to the Indiana Department of Local Government Finance, the City of Cannelton's tax rates for the last three years are as indicated below:

Year    Total Tax Rate

2008    $2.9909

2009    $3.2623

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