HSE Schools lowers initial referendum rate

HSE Schools lowers initial referendum rate

Submitted by HSE Schools With the recent release of the actual 2027 Certified Net Assessed Referendum values for Hamilton Southeastern Schools, the district has lowered the anticipated first-year rate for its proposed replacement operating referendum from $0.2275 to $0.2200 per $100 of assessed property value. At the revised rate, a homeowner with a 2026 gross assessed value of $400,000 is estimated to pay approximately $26 more per year in 2027…

A Reader Asked About the HSE Referendum Math — Here's Why 22 Cents Doesn't Mean What You Might Think

A sharp-eyed reader contacted me after the August 12th story on Hamilton Southeastern Schools CFO Tim Brown’s recommended 22-cent referendum rate for 2027, and the question is a good one — good enough that I suspect this reader isn’t the only person wondering about it. The math question goes like this: the proposed rate of 22 cents per $100 of assessed value is 2.05 cents above the current 19.95-cent rate. Take a home assessed at $400,000, divid…