THE CITY OF EL PASO’S FAVORITE FIGURE: TRIPLE
Dear Friends, The Mexican-American Culture Center was supposed to cost $5,750,000 but it will now cost $16,500,000. Nearly triple. The Childrens Museum was supposed to cost $19,250,000 but it will…
EL PASO MATTERS REPORT: “HOMEOWNERS CONTEND WITH SHARP CLIMB IN PROPERTY TAX BILLS”
El Paso Matters has recently been investigating the critically important issues of debt and taxation. Elida S. Perez just published an excellent report titled “El Paso homeowners contend with sharp…
EL PASO TIMES DOUBLE FEATURE: LETTERS TO THE EDITOR ON DEFICIT SPENDING AND TAXES
Dear Friends, This past Friday, the El Paso Times published two letters to the editor under the heading “City officials forget their obligation to taxpayers.” They lament the City’s out-of-control…
CITY’S OUTSTANDING NON-VOTER APPROVED DEBT HITS TEXAS RECORD: MORE THAN $1.1 BILLION INCLUDING INTEREST
On Tuesday, KVIA aired an excellent report on the City’s outstanding non-voter-approved debt from certificates of obligation, but they misstated the figures. According to KVIA, the City owes $851.1M in…
SUPPORT THE MAYOR’S VETO OF $96M IN NON-VOTER-APPROVED DEBT!
At tomorrow’s City Council meeting, under agenda item 19, an attempt will be made by Rep. Cassandra Hernandez and her allies to override the Mayor’s veto of $96 million of…
MAYOR LEESER VETOES $96 MILLION CO ISSUANCE!
Mayor Oscar Leeser has just vetoed the issuance of $96 million in certificates of obligation, which was approved by City Council on Tuesday under agenda item 11 on a 6-2…
EL PASO TIMES: “EL PASO’S PROPERTY TAX RATE IS AMONG THE HIGHEST IN THE NATION”
Mónica Ortiz Uribe of the El Paso Times just published an extraordinary report titled “El Paso’s property tax rate is among the highest in the nation. Here’s why.” This is…
CITY COUNCIL VOTES 6-2 TO ISSUE ANOTHER $96M IN CO DEBT WITHOUT VOTER APPROVALÂ
The City Council just voted 6-2 to issue another $96M in CO debt without voter approval, with Reps. Molinar and Rodriguez dissenting. This is in addition to the $93M in…
CITY OF EL PASO POPULATION IS STAGNANT. IT’S THE TAXES!
The 2020 US Census has revealed that the population of Texas increased 15.9% between 2010 and 2020, by a total of 3,999,944 people, while the population of the City of…
CITY EXPENSES TO EXCEED PROPERTY TAX REVENUES BY $60 MILLION IN FY 2025
David Crowder of the El Paso Inc published a report in which he analyzed a PowerPoint presented by City CFO Robert Cortinas–yes, the same CFO who recently told me that…