Bastrop schools lower tax rate 2 years after fires

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by Associated Press

kvue.com

Posted on September 9, 2013 at 9:25 AM

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.
 

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