School Tax Bill Heads to Governor

A major new bill, Senate Bill 322, just passed the Delaware Senate with bipartisan support, aiming to overhaul how schools receive property tax revenue. It allows districts to raise taxes by 2 percent annually—but only if revenue stays within 10 times their operational reserves. It also eliminates the current 10 percent post-assessment tax hike rule. The change won’t take effect until after the 2031 property reassessment, making it a long-term strategy. Senator Laura Sturgeon, chair of the Public Education Funding Commission, backs the bill and even co-sponsored it, signaling strong support for broader school funding reform. The bill now heads to Governor Matt Meyer’s desk, marking a pivotal step toward reshaping Delaware’s school finance system. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cd34f5a668b30ce4