Some South Texas school districts now "wealthy"


(Information in the following story is from: San Antonio Express-News,

SAN ANTONIO (AP) - Eight rural South Texas school districts bolstered by tax revenues from the Eagle Ford shale energy boom now find themselves listed under state standards as "wealthy," meaning they may have to surrender some of those property taxes to poor revenue districts.

The 1,200-student Cotulla Independent School District has seen property values jump from $534 million in 2010 to $2.3 billion this year. In Carrizo Springs, they've gone from $441 million to nearly $2.5 billion.

But the news isn't all good.

Superintendent Jack Seals tells the San Antonio Express-News equally booming wages in the oil patch mean he can't compete with the pay to fill jobs as school custodians and cafeteria workers.

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