State tax caps still impact Michigan City schools

Lance Werner

MICHIGAN CITY — Indiana’s circuit breaker law is continuing to have an enormous impact on Michigan City Area Schools’ finances.

During its meeting last week, the MCAS Board approved a $69.5 million budget for the school corporation for 2020. While presenting the numbers, MCAS business manager Lance Werner told members that circuit breaker caps – state-mandated limits on local property taxes – are estimated to have an impact of $4.86 million on the district next year.

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