TAXABLE PROPERTY VALUES INCREASE 4.23% TO $38,742,350,037
In preparation for confiscating even more of our wealth, our City Council heard a presentation yesterday from CFO Robert Cortinas in which he affirmed that in FY 2022 the total…
In preparation for confiscating even more of our wealth, our City Council heard a presentation yesterday from CFO Robert Cortinas in which he affirmed that in FY 2022 the total…
Dear Friends, I don’t know Ms. Susan Butkiewicz of East El Paso, but the sentiments she expressed in her recent letter to the Editor of the El Paso Times are…
Yesterday at a District 2 event I had the opportunity to ask City CFO Robert Cortinas two questions, and you may view the video of our exchange here: 1. Given…
“A government big enough to give you everything you want is a government big enough to take from you everything you have.” –President Gerald Ford, August 12, 1974 Dear Friends,…
With Tuesday’s 6-2 vote to publish the City’s intention to issue another $96 million in certificates of obligation without voter approval, Reps. Svarzbein, Hernandez, and Rivera have achieved the impossible.…
The City of El Paso’s Bond Overview Advisory Committee (BOAC), a group of citizen professionals charged with monitoring the City’s expenditure of hundreds of millions of dollars in municipal bonds,…
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…
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.…
*NOTE: This post is flawed because we only discuss tax rates without indicating whether they are above or below the no-new-revenue-tax rates. When City Manager Gonzalez assumed office on June…
El Paso is the sixth largest city in Texas but has the highest outstanding debt in certificates of obligation. $642,000,000 in CO debt has been authorized since 2012 without voter…