Collected and spent
In 2023, Carmel Clay Schools spent about $266.4M. This is a Census of Governments estimate across all of its funds.
Spent
$266.4M
Fiscal year 2023 · Census of Governments estimate, all funds · spending
Where the money comes from
One tax.
Property tax
$0.8341 per $100 of value
Source · Indiana DLGF — 2024 Certified Budget Order, Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV. Read on July 23, 2026.
Details
Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV (DLGF 2024 Hamilton Certified Budget Order, unit 3060). Payable-2024 (assessment 2023) certified rate applied to NET assessed value after Indiana's homestead deductions (standard min(60%, $48,000) + supplemental 40%/30% at the $600k remainder threshold, IC 6-1.1-12-37/-37.5 payable-2024 parameters) and the 1% gross-AV circuit-breaker cap — both modeled by the declared IN profile (option-1 engine build, 2026-07-23; cap-exempt referendum levies not separated, labeled approximation). Held modeled: single certified DLGF document; township/transit/airport units unrostered (the binding cap makes modeled totals robust)Where it goes
Three service lines.
Schools
$169.0M
Public works
$84.3M
General government
$13.0M
Bars in both tables share one scale. Hatched lines pay for past obligations, not current services.
Source · NCES F-33 FY23 - Estimated service split source. Read on October 20, 2026.
Who decides
Not on file yet.
When decisions happen
Not on file yet.
How to reach it
Not on file yet.
Also on this tax bill
A Carmel Clay Schools address pays these governments too.
On every bill in Carmel Clay Schools
Sources
What it is
Indiana DLGF — 2024 Certified Budget Order, Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV. Read on July 23, 2026.
Details
Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV (DLGF 2024 Hamilton Certified Budget Order, unit 3060). Payable-2024 (assessment 2023) certified rate applied to NET assessed value after Indiana's homestead deductions (standard min(60%, $48,000) + supplemental 40%/30% at the $600k remainder threshold, IC 6-1.1-12-37/-37.5 payable-2024 parameters) and the 1% gross-AV circuit-breaker cap — both modeled by the declared IN profile (option-1 engine build, 2026-07-23; cap-exempt referendum levies not separated, labeled approximation). Held modeled: single certified DLGF document; township/transit/airport units unrostered (the binding cap makes modeled totals robust)Spent
NCES F-33 FY23 - Estimated service split source. Read on October 20, 2026.
Taxes
Indiana DLGF — 2024 Certified Budget Order, Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV. Read on July 23, 2026.
Details
Carmel Clay Schools 2024 property tax — Carmel-Clay certified unit rate 0.8341 per $100 net AV (DLGF 2024 Hamilton Certified Budget Order, unit 3060). Payable-2024 (assessment 2023) certified rate applied to NET assessed value after Indiana's homestead deductions (standard min(60%, $48,000) + supplemental 40%/30% at the $600k remainder threshold, IC 6-1.1-12-37/-37.5 payable-2024 parameters) and the 1% gross-AV circuit-breaker cap — both modeled by the declared IN profile (option-1 engine build, 2026-07-23; cap-exempt referendum levies not separated, labeled approximation). Held modeled: single certified DLGF document; township/transit/airport units unrostered (the binding cap makes modeled totals robust)To act on what you have read
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