TOTAL DEBT OF EL PASO TAXING ENTITIES TO SURPASS $11.5 BILLION
We are the only media source that reports the total debt of our local taxing entities. On March 28 we shared statistics from the Texas Bond Review Board showing that…
THE PERFECT STORM: SAMANIEGO AND JOHNSON
County Judge Ricardo Samaniego ran on a platform of fiscal conservatism and assumed office January 1, 2019. Since that time, he voted to increase his salary to $152,700 and to…
EL PASO COUNTY WILL OWN THE DECK PLAZA OVER INTERSTATE 10!
This past Monday, the El Paso Commissioners Court voted 4-1 (with Iliana Holguin dissenting) to contribute $1 million toward the design cost for building a five-block deck plaza over Interstate…
EL PASO COUNTY IS A FINANCIAL GODZILLA!
The El Paso County Commissioners Court is planning to authorize a total of $894 million worth of bonds by the end of this year, which will explode our property tax.…
DAVID STOUT DEFENDS COUNTY SPENDING BINGE IN DISHONEST OPINION ESSAY
Commissioner David Stout published a guest column in the El Paso Times defending the County’s tax increase and its authorization of $894 million in general obligation bonds and COs. He…
CITY IS ON RIGHT COURSE, BUT COUNTY SPENDING IS OUT OF CONTROL: MAX GROSSMAN
Max Grossman: Guest columnist, Published 7:01 a.m. MT Aug. 15, 2024 Our city and county have adopted opposite approaches to borrowing and taxation. While the mayor and majority of City…
COUNTY VOTES FOR RECORD PROPERTY TAX INCREASE!
Today the County voted: 1. to place on the November ballot a $396.6 million general obligation bond for UMC. 2. to place on the November ballot a $323.8 million general…
COUNTY TO VOTE TOMORROW ON AUTHORIZING $324M IN BOND DEBT PLUS $397M IN UMC BOND DEBT
Tomorrow the County Commissioners Court plans to go on a record shopping binge by authorizing a general obligation bond in the amount of $323,796,000, which will be divided into five…
GROSSMAN ADDRESSES EL PASO COUNTY COMMISSIONERS COURT ABOUT PROPOSED $173.8M CERTIFICATE OF OBLIGATION
Yesterday our Chief Instigator, returning from work in Italy, called the El Paso County Commissioners Court from Newark Liberty International Airport to comment on agenda item 9A, which was a…
COUNTY POISED TO SUPPORT $1.6 BILLION IN NEW DEBT SERVICING, EXPLODING OUR PROPERTY TAX
Two days ago we reported that the County will soon vote on whether to issue $188 million in certificates of obligation without voter approval and place a $294 million general…