School finance and the Eagle Ford Shale

South of San Antonio, school districts on top of the Eagle Ford Shale play are raking in dramatically more property tax money. Dilley ISD will get to keep the extra money; further south, Cotulla ISD is on the verge of “recapture”: sending money back to the state.  “Oil, Gas Boom Makes School Districts Rich but Uneasy”, Ross Ramsey, Texas Tribune, September 10, 2012.

Update: A week later, the Express-News dug a little deeper: “Oil-boom wealth a mixed blessing for Eagle Ford’s school districts”, Lindsay Kastner, San Antonio Express-News, September 16, 2012.

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