Bastrop schools lower tax rate 2 years after fires
Updated On: Sep 09 2013 09:16:04 AM CDT
A Central Texas school district devastated by 2011 wildfires has recovered enough to lower its tax rate.
Rapid growth has more than made up for money lost by the Bastrop Independent School District. The district this fall knocked 2 cents off of its tax rate.
Wildfires that started Labor Day weekend 2011 destroyed nearly 1,700 homes and burned about 32,000 acres. The disaster also wiped out $1.7 million in property tax revenue for schools. Records show 138 students left the district, costing an additional $815,965 in funding for per-student attendance.
Superintendent Steve Murray says the school district now has 350 more students than before the fire. Projected enrollment this year is about 9,400 students.
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