Oil, Gas Boom Makes School Districts Rich but Uneasy

School districts can get rich just as fast as the people in the oil bidness, and the poor-to-rich whiplash can have some weird aftereffects.

Texas public schools get about half of their money, on average, from property taxes. And when the property turns out to be sitting on top of the Eagle Ford Shale play, the sudden changes in wealth can produce fiscal temblors in the schools.

Some, like the Dilley Independent School District, see an influx of money and get to keep it. Others, like Cotulla ISD, see the money come in but don’t get to keep it for ...

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