Amends Delaware Code to adjust tax rates for school districts in New Castle County for the 2026-2027 tax year.
This bill amends Title 14 of the Delaware Code to modify tax collection procedures for school districts in New Castle County. It mandates that school boards deliver their warrants and assessment lists by October 22, 2026. The tax rate may be adjusted to reflect the most recent assessment list, with state funds advanced from Division I to cover any shortfalls. The bill also specifies that the tax rate cannot exceed the projected operating revenue unless approved by referendum and adjusted for the 5-year average growth rate in taxable property.
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