SBCSC reacts to potential $27 million dollar budget cut under Senate Bill 1

SOUTH BEND, Ind. -- A property tax reform bill signed into law by Governor Braun on Tuesday is expected to greatly impact local school districts.

The South Bend Community School Corporation is expected to be hit the hardest, according to legislative estimates, they would lose $27 million dollars of tax revenue over the next 3 years.

The property tax cuts, are expected to cost the district $4,872,630 of funding in 2026, $7,361,920 in 2027, and $15,198,240 for 2028.

Interim Superintendent, Mansour Eid sat down with ABC57’s Jackie Bauer to break down the numbers and discuss where those cuts may be felt most.