Eagle Ford Windfall Carries Pluses and Minuses

When Ray Kroll took the economic development job in Karnes County a few years ago, the property value of the entire county was around $500 million.

Now, thanks to the Eagle Ford shale play, the property tax rolls have jumped to $1.3 billion.

“To think that you would use the b-word in conjunction with Karnes County is just crazy,” Kroll said. “We’re talking in billions and not millions.”

 

source: Houston Chronicle Eagle Ford