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Minerals drive up values in FCISD
FALLS CITY -- Oil and natural gas exploration in within the Falls City Independent School District continues to cause land values to skyrocket. The district’s superintendent, Tylor Chaplin, gave the school board a five-year snapshot of the district’s tax roll during its Sept. 18 meeting.
Following the meeting, Chaplin said that in 2009, the district’s tax roll was approximately $55.8 million -- with oil and natural gas accounting for just 8 percent of that value. Now, in 2013, he said, the tax roll has skyrocketed to $700 million, with 81 percent of that value inclusive of oil and natural gas.
Also during the meeting, the board discussed making provisions for future growth. It voted to hire Georgetown-based architecture firm Huckabee & Associates to perform an assessment of Falls City ISD’s current facilities. The goal is to determine whether it is more feasible to perform renovations or to build a new structure.
The district’s two schools -- the Luther Thomas Elementary School and Falls City High School -- operate in one conjoined building located on North Nelson Street in Falls City. Chaplin said the main structure, built in the 1930s, has been added onto at least three times over the past eight decades.
Also with regard to future growth, Chaplin said the district is under contract to purchase a property located near the corner of U.S. 181 and C.R. 212 just south of the city limits. The superintendent said the land would be utilized for a new school building, if the need should arise.
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