CANNELTON, Ind. (WFIE) - According to the state of Indiana, Cannelton is the only city that has its property tax increase this year.
Where is that money going? Well, one of the places is the school system.
“In the small schools, schools are not increasing in enrollment, most of them are decreasing in enrollment, so we had to raise some other revenue than state support,” said Superintendent Alva Sibbitt.
In the fall of 2018, the Cannelton School District asked for a referendum. The referendum passed and this year it will go into effect.
“If we didn’t have the 70 odd thousand to pay the principal’s salary, then we’d have to pay it out of the education fund, which would be less to purchase, equipment, software, hardware,” said Sibbitt.
This will help offset costs and bring nearly $74,000 into the school system.
Without an increase in enrollment, school officials say the corporation will not receive more funding from the state.
The Mayor of Cannelton is currently working to revive the city, he tells us businesses are moving in and houses are being built.
He encourages anyone to come see their city that soon will be thriving.
What’s next for the school system?
Sibbitt wants to work on teacher pay and making sure every single student that comes through their doors graduates.