IS THE PROPOSED CITY TAX INCREASE 7.5% OR 11.0%?
Confusingly, there are two sets of figures presented in the backup to items 27-29 on the City Council Agenda for Tuesday, August 18. City staff is recommending adopting the voter-approval…
EL PASO INC: 8,800 HOUSEHOLDS RELOCATED TO NEW MEXICO BETWEEN 2019 AND 2023
Reyes Mata III of El Paso Inc just published an exceptional report documenting the exodus of 8,800 El Paso families to New Mexico between 2019 and 2023. According to Mata,…
EL PASOANS FACE 7.5% AVERAGE INCREASE IN CITY PROPERTY TAX
We drafted a chart comparing the City’s no-new-revenue tax rate to the adopted tax rate for every fiscal year from 2015 through 2027. When the adopted tax rate is higher…
MAYOR BLAMES FORMER CITY COUNCIL FOR BUDGET WOES, ARMIJO PROPOSES CUTTING $21M FOR FY 2027
This past Tuesday, our City Council voted 5-3 to give preliminary authorization for a tax rate of $.809487 per $100 of property valuation, increasing the tax upon the average-valued residence…
CITY COUNCIL VOTES 5-3 TO GIVE PRELIMINARY APPROVAL FOR $132 TAX INCREASE ON SINGLE-FAMILY HOMES WORTH $232,669
Initially City staff had proposed a tax rate of $0.783 per $100 of valuation, which would have resulted in an increase of $105 for the average-valued El Paso single-family home…
MEDIA ALERT: REPORTING ON CITY TAX INCREASE
Dear News Editors and General Managers of Television News Networks, Every August our City Council votes on a budget and tax rate for the next fiscal year, and every August…
CITY TO INCREASE AVERAGE PROPERTY TAX BY $105, FY2027 BUDGET TO INCREASE 1.7% TO $1.405 BILLION
Mayor Renard Johnson promised repeatedly to lower our property tax while campaigning for office. How has that worked out? For FY2026, the Mayor presided over an average property tax increase…
MAYOR ON LOWERING PROPERTY TAX: “I MAY NOT EVER SEE IT IN MY LIFETIME”
Andy Morgan of KTSM 9 News recently interviewed Mayor Johnson. We learned the network sent the Mayor’s office the questions in advance, which was a huge mistake. No journalist should…
MAYOR TIGHTENING CONTROL OVER TIRZ 5, REAPPOINTS ORTEGA
Tax Increment Reinvestment Zone (TIRZ) number 5 encompasses all of Downtown, the western part of the Segundo Barrio, and a portion of Central El Paso. Any incremental increase in tax…
CITY TO ISSUE $71,140,000 IN BOND DEBT
City CFO Robert Cortinas will present agenda item 25 to City Council this Tuesday, April 14, according to which $71,140,000 in general obligation bonds will be issued. The funds will…