Budget Committee
Indiana · corporation 0630 · Boone County

Zionsville Community Schools

District briefing, fall 2026: enrollment, achievement, attendance, finances and property taxes.

On the ballot · November 3, 2026

Zionsville Community Schools: one referendum question

Shall Zionsville Community Schools increase property taxes paid to the school corporation for no more than eight (8) years for the purpose of funding and sustaining academic and educationally related programs and managing class sizes which reflect community standards by imposing a property tax rate that does not exceed 0.4128 and results in a maximum annual amount that does not exceed $21,463,325. If this operating referendum public question is approved by the voters, for a median residence of $600,000.00, the property's annual property tax bill would increase by $1,368.00 per year. The most recent property tax referendum proposed by the school corporation was held in 2019 and passed.

Source: Indiana Department of Local Government Finance, final determination 26-001-REF

Enrollment
8,003
2025-26
Fall ADM
7,673
2023-24 funding count
Enrollment, 5 yr
+7.4%
headcount change · regional +0.5%
Chronic absence
5.5%
2024-25
Spending / pupil
$10,933
FY2024
School tax rate
$1.3000
pay 2026
Home value
+69%
5-yr avg vs. 8 nearby districts
Enrollment

8,003 students in 2025-26, +7.4% over five years; the regional peer median moved +0.5%.

Achievement

65.3% proficient in ELA and 72.2% in math on ILEARN 2025 (median corporation 38.2% and 40.7%), 4th of 290 statewide in ELA. Graduation rate 98.0%.

Attendance

5.5% of students were chronically absent in 2024-25, against 13.2% for the median corporation.

Spending

$10,933 current spending per pupil in FY2024, below the peer median of $11,453 and below the statewide median of $11,831.

Property tax

The school tax rate payable 2026 totals $1.3000 per $100 of assessed value on a $68.7M levy; $14.2M of it is the operating referendum.

Referendum

The November 3, 2026 ballot asks for an operating referendum tax of up to $0.4128 per $100 of assessed value for up to 8 years, raising at most $21.46 million a year. If it passes, the county auditor estimates the tax bill on a median home ($600,000 assessed value) would rise by $1,368 a year.

Zionsville enrolled 8,003 students in 2025-26. Since 2005-06 enrollment has grown 66%; the regional peer median grew 39% and the median Indiana corporation shrank 11%. The chart indexes each series to its 2005-06 level.

ZionsvilleRegional peers (median)Indiana (median corporation)
175151127104802005-062009-102013-142017-182021-222025-26

Enrollment and the funding count

Indiana's tuition support formula pays on average daily membership (ADM), counted each September and again in the spring; ADM excludes pre-kindergarten, which the enrollment count includes. Zionsville's fall ADM was 7,673 in 2023-24, 0.97 per enrolled student.

School yearEnrolled studentsFall ADMPer enrolled student
2018-197,3016,9820.96
2019-207,4357,1410.96
2020-217,4507,2440.97
2021-227,7847,5270.97
2022-237,9067,6510.97
2023-247,9237,6730.97

IDOE State Tuition Support Annual Reports, Appendix A (fall count, non-virtual plus virtual ADM), and IDOE enrollment (October count).

Students, 2025-26

Student groupZionsvillePeers (median)Indiana (median)
Eligible for free or reduced-price meals7.2%22.6%46.4%
Receiving special education services12.7%16.2%18.4%
English learners2.8%3.1%2.1%
White76.9%71.5%87.6%
Hispanic or Latino5.8%10.0%6.1%
Black or African American3.5%5.3%1.0%
Asian8.1%3.1%0.4%
Two or more races5.5%4.9%3.4%

Home values against nearby districts

Across the five most recent Census releases (2016–20 to 2020–24), the median owner-occupied home in Zionsville averaged $475,780, 69% above the median of the 8 districts within 25 miles ($281,290). That ranks highest of 9 in the area and at the 100th percentile of Indiana districts (state median $158,850).

ACS 5-year releaseZionsvilleNearby medianDifferenceIndiana median
2016–20$391,000$226,850+72%$132,200
2017–21$420,500$241,000+74%$141,050
2018–22$482,100$291,850+65%$160,550
2019–23$520,900$309,200+68%$175,600
2020–24$564,400$337,550+67%$187,600
Five-release average$475,780$281,290+69%$158,850

U.S. Census Bureau American Community Survey 5-year estimates, median value of owner-occupied homes (table B25077), in nominal dollars. Consecutive releases share four of their five survey years, so the average is a smoothed level rather than five independent years. Nearby districts are those whose NCES office address lies within 25 miles of Zionsville's: Carmel Clay (10 mi, $418,580); Westfield-Washington (10 mi, $354,080); Hamilton Southeastern (15 mi, $325,800); Noblesville (14 mi, $296,760); North West Hendricks (16 mi, $265,820); Mt Vernon (23 mi, $247,800); Hamilton Heights (20 mi, $234,420); Beech Grove City (20 mi, $143,000).

Where resident students go, fall 2025

Of 7,983 students who live in the district, 7,663 attend Zionsville schools: a retention rate of 96.0%, 1st of 290 statewide. 320 leave: 197 on Choice Scholarships to private schools, 32 to charter schools and 91 to other public corporations. 81 students transfer in. The largest destinations:

AttendsStudentson Choice Scholarshipsat charters
Traders Point Christian Schools54540
Cloverdale Community Schools3400
Bethesda Christian School24240
The American Academy-Indiana15150
Brebeuf Jesuit Preparatory School14140
Covenant Christian High School13130

IDOE enrollment (October count) and fall 2025-26 transfer report. Retention = resident students enrolled in the corporation as a share of all students who live there (“settled”).

On the spring 2025 ILEARN, 65.3% of Zionsville students were proficient in English/language arts and 72.2% in math, against 38.2% and 40.7% for the median Indiana corporation. That ranks 4th and 3rd among 290 corporations. It is at or above the peer median on every measure below.

MeasureZionsvillePeer medianregional beneathIndiana (median)Statewide rank
ILEARN English/language arts, grades 3–8 (2025)65.3%53.0%regional 60.5%38.2%4th of 290
ILEARN math (2025)72.2%56.8%regional 60.9%40.7%3rd of 290
ILEARN science (2025)74.7%58.1%regional 59.7%43.2%1st of 290
ILEARN, proficient in both ELA and math (2025)58.2%44.1%regional 49.8%28.1%3rd of 290
IREAD-3 pass rate (2026)96.7%95.2%regional 94.8%91.3%33rd of 290
SAT, met both benchmarks, grade 11 (2026)63.5%42.4%regional 42.6%19.3%2nd of 289
Graduation rate (2025 cohort)98.0%96.9%regional 97.4%95.1%58th of 289
Schools rated Meets or Exceeds Expectations (2025)100%85%regional 95%33%1st of 290

IDOE assessment, graduation and federal accountability files. Rank is among Indiana's public school corporations with a reported result (1st = highest). Only the 2025 ILEARN release is on file, so there is no trend line here.

In 2024-25, 5.5% of Zionsville students were chronically absent (missing 10% or more of the school year), against 8.8% in the peer median and 13.2% in the median Indiana corporation. That is 9th lowest of 290. Before the pandemic, in 2018-19, the rate was 4.3%.

ZionsvillePeers (median)Indiana (median corporation)
19%14%10%5%1%2012-132014-152016-172018-192020-212022-232024-25

IDOE chronic absenteeism file, 2012-13 to 2024-25. A student is chronically absent after missing 10% or more of enrolled days.

Zionsville spent $10,933 per pupil on current operations in FY2024, against $11,453 for the peer median and $11,831 for the median Indiana corporation. Local property tax provided 42% of revenue (peer median 33%, Indiana median 25%) and state aid 44% (Indiana median 55%).

ZionsvillePeers (median)Indiana (median corporation)
$12,387$10,950$9,513$8,075$6,638FY2006FY2010FY2014FY2018FY2024

U.S. Census Bureau annual school finance survey (F-33), current spending per pupil, nominal dollars, excluding the teacher-retirement payments the state makes on corporations' behalf (reported inconsistently in FY2023). Capital and debt payments are not current spending.

For taxes payable in 2026 the corporation certified $68.7M across its funds, at a combined rate of $1.3000 per $100 of net assessed value. The operating referendum adds $14.2M ($0.2444 per $100). Referendum debt for capital projects adds $5.8M. Indiana's property-tax caps do not apply to referendum levies, which makes an operating referendum the one local operating revenue source outside the caps.

DLGF certified levyPay 2022Pay 2023Pay 2024Pay 2025Pay 2026
Total certified school levy$46.2M$53.3M$59.1M$66.7M$68.7M
Operations fund$9.8M$10.3M$11.1M$12.8M$13.3M
Debt service$20.4M$23.4M$30.6M$35.3M$35.4M
Operating referendum$9.5M$11.4M$11.8M$12.8M$14.2M
Referendum debt (capital)$5.8M$7.4M$5.3M$5.8M$5.8M
Total school tax rate per $100$1.2990$1.2181$1.2847$1.2901$1.3000
Operating referendum rate per $100$0.2444$0.2444$0.2352$0.2282$0.2444

Zionsville and its regional peers, pay 2026

CorporationTotal school rate per $100Operating referendum rateTotal levy
Beech Grove City Schools$1.9999$0.5500$15.1M
Zionsville Community Schools$1.3000$0.2444$68.7M
Westfield-Washington Schools$1.2883$0.1700$94.1M
Noblesville Schools$1.2510$0.3700$75.1M
Mt Vernon Community School Corp$1.2382$0.1700$32.6M
North West Hendricks Schools$1.1928$0.0000$13.0M
Hamilton Southeastern Schools$1.1476$0.1995$140.9M
Hamilton Heights School Corp$1.0615$0.0000$14.5M
Carmel Clay Schools$0.8425$0.2400$111.6M

Zionsville's operating referendum rate is the 3rd highest of these 9 corporations. Statewide, 66 of 290 school units levied an operating referendum for taxes payable 2026.

Indiana Department of Local Government Finance, Certified Budget, Levy, CNAV and Rate by Fund files. Operating referendum = funds 0022, 0023 and 0025; referendum debt = 0187 and 0287. Rates are per $100 of net assessed value; referendum funds are levied on a different assessed-value base from the other funds, so the rates are summed as published.

The November 3, 2026 question asks for an operating referendum tax of up to $0.4128 per $100 of assessed value for up to 8 years, raising at most $21.46 million a year. If it passes, the county auditor estimates the tax bill on a median home ($600,000 assessed value) would rise by $1,368 a year.

For taxes payable 2026, Zionsville levies $14.2M through an operating referendum, at $0.2444 per $100 of assessed value. The question's ceiling of $0.4128 is $0.1684 above that rate.

Zionsville has put 5 referendum questions to voters since 2010; 4 passed. Statewide, DLGF records 190 operating referendum questions from 2009 through 2025, and 133 passed (70%).

ElectionTypeResult
November 2019Construction (borrowing)Passed
November 2019OperatingPassed
November 2015OperatingPassed
May 2012OperatingPassed
November 2010OperatingFailed

Ballot terms: the Indiana Department of Local Government Finance's final determination on each question, which quotes the approved wording and the county auditor's certified median-home estimate. Past results: DLGF historic referenda records (outcome only; DLGF does not publish vote counts). Current levy: DLGF certified levy by fund.

Wherever this briefing sets Zionsville beside other school corporations, it uses the groups below. A group figure is the middle value across its members, each counted equally, so one large member cannot dominate it.

Peers 12 school corporations

The 12 Indiana districts (public school corporations) most like Zionsville on four equally weighted factors: total enrollment (compared as a ratio), current spending per pupil, students per teacher and the share of students eligible for free or reduced-price meals, each difference scaled by how much the factor varies across districts, and none more than two standard deviations away on any one. The group starts with nearby districts that match closely (within half a standard deviation on average) and fills the rest from anywhere in the state. Peers carry the achievement, spending and staffing comparisons.

School corporationCountyMilesEnrollmentSpending per pupilStudents per teacherFree/reduced-price meals
Carmel Clay SchoolsHamilton1015,913$12,31115.912.8%
Westfield-Washington SchoolsHamilton1010,396$12,46316.421.5%
Mt Vernon Community School CorpHancock235,109$11,21815.929.6%
New Palestine Community SchoolsHancock263,884$11,05017.025.8%
Sunman-Dearborn Com Sch CorpDearborn843,659$12,23316.322.7%
MSD Southwest Allen County SchlsAllen917,389$11,04615.122.5%
Northwest Allen County SchoolsAllen1058,281$9,91116.922.5%
Valparaiso Community SchoolsPorter1146,250$11,06616.029.0%
Hanover Community School CorpLake1152,794$11,51116.519.9%
Crown Point Community School CorpLake1169,289$11,98518.423.5%
Lake Central School CorporationLake1228,662$11,55417.825.5%
School Town of MunsterLake1284,090$11,39418.022.2%

Regional peers 8 school corporations

The 8 districts (public school corporations) within 25 miles of Zionsville, straight line between district offices, whose profile on the same four factors is comparable: on average within one standard deviation. They carry enrollment, property taxes and home values, and their median sits beneath the peer median elsewhere. A district in both groups appears in both lists.

School corporationCountyMilesEnrollmentSpending per pupilStudents per teacherFree/reduced-price meals
Carmel Clay SchoolsHamilton1015,913$12,31115.912.8%
Westfield-Washington SchoolsHamilton1010,396$12,46316.421.5%
Noblesville SchoolsHamilton1410,348$12,99915.625.9%
Hamilton Southeastern SchoolsHamilton1520,633$11,80317.821.0%
North West Hendricks SchoolsHendricks161,923$12,26117.323.6%
Hamilton Heights School CorpHamilton202,280$10,20216.331.1%
Beech Grove City SchoolsMarion205,481$12,80715.628.8%
Mt Vernon Community School CorpHancock235,109$11,21815.929.6%

“Indiana median” is the middle value across Indiana's public school corporations. Corporations that enroll mostly virtual students are left out of both groups. Spending is F-33 current spending excluding state on-behalf payments; students per teacher is the NCES Common Core of Data count.