Understanding the Indianapolis Public Education Referendum
Referendum Information. Funding Details. Eelection Resources
On Nov. 3, 2026, eligible voters within the Indianapolis Public Schools (IPS) boundary will decide a public education operating referendum. The ballot question concerns proposed property tax funding for IPS and participating public charter schools for up to four years.
The Facts
What's on the ballot
The Indiana General Assembly established the Indianapolis Public Education Corporation (IPEC) and assigned it responsibility for conducting operating referendums for public schools in the IPS district. Following a public process, the IPEC board voted June 22, 2026, to place the question on the Nov. 3 ballot.
The question asks whether property taxes may be increased for IPS and participating public charter schools at a rate not to exceed 37.2 cents per $100 of assessed value, generating up to $95 million annually for up to four years. The proposed rate would replace an existing operating referendum rate that expires Dec. 31, 2026.
Official Ballot Language
"Shall the Indianapolis Public Education Corporation increase property taxes paid to the Indianapolis Public Schools (IPS) and participating charter schools for no more than four (4) years for the purpose of funding teacher and staff retention, professional development, and advancing academic programs and opportunities by imposing a property tax rate that does not exceed $0.372 per $100 of assessed value and results in a maximum annual amount that does not exceed $95, 000,000? If this operating referendum public question is approved by the voters, for a median residence of $150,000, the property's annual property tax bill would increase by $221 per year."
Proposed Rate and Duration
How the proposed rate works
The proposed maximum rate is 37.2 cents per $100 of assessed value. It would replace, rather than add to, the 19.6-cent rate voters approved in 2018. The impact on an individual tax bill depends on assessed value and applicable deductions and credits.
37.2¢
Proposed maximum rate per $100 of assessed value
4 years
Maximum duration
$95M
Maximum annual amount
Estimated Property
Tax Impact
State law requires the ballot to state the estimated cost for a home assessed at $150,000, which is $221 a year. That figure does not account for the expiring 2018 rate. IPS estimates the net increase for that home at approximately $115 a year beginning in 2027. The IPS calculator provides an estimate for a specific property.
Proposesd Uses of Revenue
Teachers, programs, and student services
If approved, the referendum would provide operating revenue for the three purposes named in the ballot question: teacher and staff retention, professional development, and academic programs and opportunities.
Teacher and staff retention
Compensation, recruitment and retention for teachers and staff at IPS and participating public charter schools.
Professional Development
Training and development for educators and staff.
Academic programs and opportunties
Instructional programs, special education, English language support, and access to academic and extracurricular programs.
Public Reporting and Transparency
IPEC will publish a public tool for residents to follow how referendum revenue is allocated and spent
Participating Public Schools
Funding for IPS and participating charter schools
State law requires referendum revenue to be shared between IPS and participating public charter schools that enroll students living in the district. Funding is distributed based on the number of district students each school enrolls and report annually on allocations and expenditures. Since roughly half of public school students attend IPS managed schools and half attend public charter schools, roughly half of referendum funding would go to IPS and half would be divided among approximately 60 participating charter schools.
Illustrative funding distribution
~50%
IPS
District Allocation
~50%
Charter Schools
Combined participating charter allocation
Spending Plan and Reporting
Public accountability and reporting
Per Indiana Code, and for each year of the referendum, schools receiving funds under the operating referendum must publicly adopt budgets and present to IPEC on their spending of operating referendum dollars.
Frequently Asked Questions
Voters within the IPS boundary will decide a public question on the Nov. 3, 2026, ballot. The question asks whether IPEC should levy a property tax rate of up to 37.2 cents per $100 of assessed value for four years to fund public schools in the IPS district. The question may appear near the end of the ballot. Sample ballots are posted at vote.indy.gov.
An operating referendum funds day-to-day school operations rather than construction. The ballot language names three uses: teacher and staff retention, professional development, and academic programs and opportunities.
IPEC did. The Indiana General Assembly created IPEC as a municipal corporation to coordinate public education in the IPS district.
Voters approved an IPS operating referendum in 2018 at a rate of 19.6 cents per $100 of assessed value. That rate expires Dec. 31, 2026. The 2026 question would replace it at a higher rate. If the question is not approved, the 2018 rate and the revenue it provides end.
The ballot states $221 a year for a home assessed at $150,000, as state law requires. That figure does not account for the expiring 19.6-cent rate. IPS estimates the net 2027 increase for that home at roughly $100. Homeowners can calculate their own figure at myips.org/2026-referendum.
Up to four years. The rate is capped at 37.2 cents and cannot be increased without another vote.
Up to $95 million a year.
If approved, the referendum would provide operating revenue for the three purposes named in the ballot question: teacher and staff retention, professional development, and academic programs and opportunities.
IPEC will publish a public tool for residents to follow where referendum dollars go.
Anyone registered to vote at an address inside the IPS boundary. Voters can confirm if the referendum is on their ballot by viewing a sample ballot at vote.indy.gov.
In Indianapolis, early voting runs through Nov. 2. On Election Day, Nov. 3, vote centers open 6 a.m. to 6 p.m. To learn more about how to vote, where to vote, and 2026 election information, visit vote.indy.gov.
Referendum Resources
Informational Materials
Flyers covering the proposed funding, how it would be allocated and the potential property tax impact are available in English and Spanish.
2026 Operating Referendum Disclosures
Avondale Meadows Middle School
BELIEVE Circle City High School
Charles A Tindley Accelerated Sch
Circle City Prep Charter School
GEO Next Generation Elementary Academy
IN Math & Science Academy - North
Indianapolis Metropolitan High Sch
Irvington Community Elementary School
Irvington Community Middle School
James & Rosemary Phalen Leadership Academy Middle School
James and Rosemary Phalen Leadership Academy High School
Phalen Leadership Academy - IN Inc
Phalen Leadership Academy at Francis Scott Key School 103
Phalen Leadership Academy at Louis B Russell School 48
PLA at George H Fisher School 93
Purdue Polytechnic High Sch North
Purdue Polytechnic High School Ind
SE Neighborhood Sch of Excellence
The Nature School of Central Indiana
Victory College Prep Elementary School
Victory College Prep High School