FITCH WITHDRAWS “AA” RATING FROM $41 MILLION OF CITY’S GENERAL OBLIGATION BONDS
Fitch is one of the major Wall Street firms that rates municipal bond issuances. On January 22, 2019, the firm gave a “AA” rating to four bonds that were issued…
CITY COUNCIL VOTES 6-2 TO ISSUE ANOTHER $96 MILLION IN DEBT WITHOUT VOTER APPROVAL!
Today our City Council voted 6-2 under agenda item 3 to publicize its intent to issue another $96 million in certificates of obligation without voter approval, with Reps. Molinar and…
EL PASO HOMESTEAD PROPERTY TAX RATE STILL SECOND HIGHEST IN AMERICA
Dear Media, The Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence have just come out with their annual report comparing the property tax rates of American cities.…