Letter: Great schools help property values

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  • Eric Morris

    If I started a free “great” school in this neighborhood, would property values increase?

    http://www.indystar.com/story/news/crime/2017/04/17/impd-1-dead-east-side-shooting/100576822/

    Or is this a chicken-egg situation, where great people make great communities, which are safe communities with good jobs, where schools (whether taxpayer funded or otherwise) can then thrive–plus no potholes and good parks. Is that what really drives property values, not the schools themselves but schools as shorthand for the total community.

    I emailed Jeff a similar question yesterday. I hope he responds, but I live in HP so am not a constituent.

  • Mary

    Yes, good schools are an influence on property values. But what you don’t realize is that property taxes for school funding is funneled into the general fund and redistributed out statewide. Does all of your property tax come back to your neighborhood schools in Indiana?