What accountability system will monitor the revenue from the referendum?
The Crown Point Community School Corporation will voluntarily establish a Citizen Finance Committee made up of property taxpayers and business owners from within the school district. This committee will meet annually to review the coming year’s budget and make a recommendation on the amount of the referendum rate to put in place. The rate established by the voters is a maximum rate and this committee after reviewing the budget can make recommendations to the school board to set a lower rate. During the seven years of the referendum, if the Indiana Legislature voted to significantly change the funding formula or make other types of school funding changes this committee could even recommend that rate be eliminated.
