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MISHAWAKA, Ind.-- As the year comes to a close, School City of Mishawaka officials are preparing for significant revenue losses tied to Senate Enrolled Act 1, a new state law that shrinks the amount of taxable property value used to fund local school districts.
During a school board meeting Wednesday, analysts from Policy Analytics LLC outlined projections showing the district’s tax base will begin to decline in 2026. The drop stems largely from new deductions and credits for homeowners. While those changes reduce what homeowners owe, they also reduce the revenue schools rely on for daily operations and future referendum funding.
“It is tough news to deliver, but at least you

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