This all stems from the state constitutional amendment that put a cap on the property taxes you pay.
Republican city councilman and Fort Wayne mayoral candidate Mitch Harper says the city and county have been so eager to attract businesses that they've granted too many tax abatements.
That means those properties can't be taxed, which means less available money for schools.
"We're rapidly approaching in Allen County in terms of tax abatements nearly a half billion dollars' worth of assessed valuation that's not being made available for assessed valuation," Harper says.
He says his mayoral campaign will include putting more controls in place for new tax abatements.
"One of the great victories we've had over the past year is actually being a little more vigorous in auditing that companies that have applied for tax abatements in the past have carried out what they've said they were going to do," he says.The reporter also talks about legislation being offered by State Sen. Liz Brown (R-Fort Wayne), which would allow Fort Wayne schools to tap TIF funds to help pay for school transportation costs. "One of freshman Republican State Senator Liz Brown's bills would provide additional funding for Fort Wayne Community School bus service, " the report says. "The money would come from property taxes collected in certain economic development areas called TIF districts." "Brown says she knows it's not a perfect solution, and hopes new legislation next session could provide a more permanent revenue source for schools."