BUTTERFIELD TRAIL GOLF COURSE FULL BALANCE SHEET: $20+ MILLION IN LOSSES!
Dear Friends and Media, Tatiana Favela kindly released to me the full financial balance sheet for the Butterfield Trail Golf Course, which opened in 2007. I have added in red…
KVIA REPORT: BRYAN TO AIR VIDEO REFUTING MAYOR MARGO, SATURDAY, 6:30 PM, CHANNEL 7
Dear Friends, This past November 3, ABC-7 XTRA aired a discussion between Texas preservationist J. P. Bryan and Mayor Dee Margo over the “Arena” controversy. The following day I shared…
MAYOR CLAIMS COVID-19 BUDGET IMPACT COULD REACH $100 MILLION IN FY 2021
Dear Friends, As I have reported previously, CFO Robert Cortinas estimates that the budgetary impact of COVID-19 will be approximately $32.5 million during FY 2020 (ending September 1). This is…
CITY PROPERTY TAX RATE TO RISE ANOTHER 33% BY 2026 (PART 2)
*NOTE: THIS REPORT FOCUSES ON THE PROPERTY TAX RATE BUT DOES NOT CONSIDER THE NO-NEW-REVENUE TAX RATE Dear Friends, This morning I wrote to you that the City is planning…
CITY PROPERTY TAX RATE TO RISE ANOTHER 33% BY 2026!
*NOTE: THIS REPORT FOCUSES ON THE PROPERTY TAX RATE BUT DOES NOT CONSIDER THE NO-NEW-REVENUE TAX RATE Dear Friends, Since 2014, our City property tax rate has increased 38%, from…
GOVERNMENT-SUBSIDIZED STADIUMS ARE FAILING ACROSS AMERICA
Dear Friends, Please read this excellent report from this past Friday on the financial failure of government-subsidized stadiums in the US. “Cities across the country are scrambling to figure out…
RICH WRIGHT: THE HYPOCRISY OF PETER SVARZBEIN
Yup, couldn’t have said it better myself. Peter takes campaign donations from billionaires and even worked for billionaire Mike Bloomberg yet publicly attacks billionaires. http://elchuqueno.com/about-j-p-bryan/
FITCH AFFIRMS THE “A” RATING OF EL PASO INTL AIRPORT BUT DOWNGRADES OUTLOOK TO NEGATIVE
Dear Friends and Media, Fitch Ratings, Inc., one of Wall Street’s “Big Three” credit rating agencies, has reaffirmed the “A” rating for general revenue bonds for the El Paso International…
SIX EL PASO HOTELS HAVE CLOSED, SO FAR…
Dear Friends and Media, The Hilton Garden Inn El Paso Airport Hotel closed its doors one month ago. That was followed a week or two ago by the Holiday Inn…
BUTTERFIELD TRAIL GOLF COURSE CLOSES FOR GOOD: LOSSES DOUBLE THE REPORTED FIGURE
Dear Friends and Media, KVIA has reported that the award-winning Butterfield Trail Golf Club, which opened in 2007, has been subsidized by the City of El Paso every year since…