BASTROP, Texas (AP) -- A Central Texas school district devastated by 2011 wildfires has recovered enough to lower its tax rate.
The Austin American-Statesman reported Sunday that 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.