ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO LOCAL SCHOOL TAXES.

Summary

The bill amends Title 14 so that, after a county property reassessment, a school board can increase its operating tax rate by no more than 2% each fiscal year without holding a special election, provided certain fiscal safeguards are met. It is intended to give districts more predictable revenue while preserving taxpayer protections. The changes apply to all reorganized school districts and the Wilmington school district.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share