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IPS moving ahead with referendum, despite no known dollar amount

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INDIANAPOLIS -- Indianapolis Public Schools is moving ahead with its plan to ask Indy homeowners to agree to a tax hike to support city schools, but exactly how much of a hike it would be is still unknown.

IPS had asked for between $700 million and $1 billion, but that plan was scrapped. The new plan has not been announced, but it will include a plan to raise $52 million for school safety projects. 

IPS will host a meeting Wednesday to discuss the options for the referendum. 

The Indy Chamber is helping the district come up with an affordable plan. 

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