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How would a referendum really affect you?

Posted at 4:23 PM, Apr 19, 2016

NOBLESVILLE, Ind. – Tuesday night, Noblesville school officials say there’s no way around it. If voters don’t support renewing a referendum, as many as 150 positions will have to be cut.

Noblesville Schools first passed a referendum with a 21.15-cent tax rate in 2010. It expires in 2017. 

The referendum renewal on the ballot asks voters for less money and has a 18.9-cent tax rate attached to it. The vote to support it is on May 3.

What does that mean for average homeowners (with a home value of $173,500)? You have been paying about $170 extra a year.

If the referendum renewal passes, you will be paying about $150 extra in taxes a year.

Noblesville homeowners can calculate exactly what the referendum will cost them right here.

And make sure to watch our full story in the player above to learn more.