Eagle Ford School Districts Prep to Send Money to the State

Property wealth has surged in areas affected by the Eagle Ford Shale
Eagle Ford Shale Well Map - July 2012

Eagle Ford Well Map – Click to Enlarge

School districts in the South Texas Eagle Ford Shale region are preparing to send millions back to the state in coming years. Eight local districts were added to the Texas Education Agency’s list of property-wealthy districts.

The reason is skyrocketing property values. In the past two years, property values in the Carrizo Springs district have increased from $441 to $2.5 billion. Cotulla ISD has seen a similar rise. [Read more…]

Gonzales County Schools Benefit from the Eagle Ford Shale

Gonzales ISD is getting ready for boon in property and sales tax revenues from the boom of Eagle Ford Shale Drilling. The state is making cuts across the board and the education system is being hit hard this time around. Gonzales County, TX, is shielded from the remains of a recession and is benefiting from the Eagle Ford oil boom. Oil and gas development brings jobs, investment, and much needed tax revenues.  [Read more…]