COUNTY BOND DEBT TRIPLES IN FOUR YEARS!
The El Paso County Commissioners Court consists of Judge Samaniego and Commissioners Butler, Stout, Holguin, and Coronado. All but Holguin are tax-and-spend progressives who seem determined to spend us into…
CITY OWES $721 MILLION IN PRINCIPAL & INTEREST ON 9 CERTIFICATES OF OBLIGATION
During the last two fiscal years, the total principal and interest on our City’s CO debt declined from a peak of $852 million to $721 million. This is because our…
COUNTY VOTES 4-1 TO ISSUE $54 MILLION IN CERTIFICATE OF OBLIGATION DEBT WITHOUT VOTER APPROVAL
Like greedy pigs at the trough, our County Commissioners Court just voted 4-1 under agenda item 9C to issue a certificate of obligation in the amount of $54 million. Commissioner…
COMMISSIONER HOLGUIN ON CERTIFICATES OF OBLIGATION
“I have always felt that we should limit the use of certificates of obligation to emergency projects where we maybe don’t have the time to wait for the time that…
GROSSMAN TELLS COUNTY TO VOTE AGAINST ISSUING $54 MILLION CERTIFICATE OF OBLIGATION, VOTE POSTPONED FOR ONE WEEK
Today the County Commissioners Court was set to vote on posting notice for a $54M certificate of obligation but then postponed the vote for one week after members of the…
EL PASO COUNTY POPULATION GROWS BY ONLY 0.1% IN 2023-2024
New statistics show that El Paso County grew by only 948 people between 2023 and 2024, an increase of only 0.1%. That means that El Paso County had the slowest…
COUNTY PROPOSAL TO PLACE $105M COLISEUM BOND ON BALLOT FAILS
Yesterday the County Commissioners Court debated Commissioner David Stout’s proposal to place a $105 million Coliseum bond proposition on the May 3 ballot even though the same proposition was rejected…
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…