Indiana school consolidation is accelerating under SEA 1. Elkhart's 23 buildings were built for 17,000 students and enroll 10,100. How closures hit operations levies, debt service, and circuit breaker losses.
A second home gets no homestead deduction, no $300 credit, and a 2% cap instead of 1% — which is why the cottage's bill can exceed your primary home's. SEA 1's phased 2%-tier deduction is narrowing the gap through 2031.
Drainage assessments appear on Indiana property tax statements but aren't property taxes — they're user charges under IC 36-9-27, set by the county drainage board, uncapped by circuit breakers, and contested through a different process.
Lake County carries Indiana's heaviest circuit breaker cap loss. Gary, Hammond, and East Chicago show how industrial AVs and high rates collide in 2026.