Locator: 49277B.
Natural gas turbines: link here.
Local, school district update: local officials lower tax rate for GCISD, for school year, 2025 - 2026. Link here.
The new tax rate is roughly 5 cents lower than the prior year, at $0.8686 per $100 valuation. The new tax rate will lower property taxes for GCISD homeowners by about $246 a year for a home valued at $450,000, according to a presentation from GCISD Chief Financial Officer David Johnson. GCISD Executive Communications Director Nicole Lyons added that GCISD residents will collectively save roughly $11 million over one year under the new rate. The previous tax rate, adopted in November 2024, was $0.9233 per $100 valuation, according to district documents.
Earlier this week: severe funding shortage in our school district, GCISD, Grapevine - Colleyville, Texas, north DFW; the enrollment began in 2019, or maybe better said, after 2020.
And that's the bigger story: what happened? I doubt the population has decreased in Grapevine - Colleyville over the past few years. So, what happened. It would be interesting to see the breakdown of students by ethnicity. Was the school board tone deaf? Blame it on MAGA / Trump? Link here. Enrollment has declined by 1,500 students since fall of 2019; resulted in a loss of over $10 million in revenue. Two elementary schools fell below 60% of utilization; four fell below 75% of utilization. How many schools in this district? Eleven. Four of eleven below 75% utilization. Unsustainable. High schools in same district between 2019 and 2024? A slight decrease but not remarkable. Yet.
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Back to the Bakken
WTI: $60.67.
New wells reporting this next week. Link here.
RBN Energy: link here.
