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…
THE COUNTY’S $482 MILLION SPENDING BINGE
During a Special Meeting of the County Commissioners Court on July 9, Jose Landeros, Director of Strategic Development, presented the recommendations of the Bond Advisory Committee for future debt issuances.…
COUNTY AWARDED $540K NO-BID CONTRACT TO BARRACUDA TO PROMOTE ITS PLAN FOR $500M OF NEW DEBT
UPDATED 6/18/24, 11:32 PM As we know, El Paso County plans to max out its bonding capacity by issuing up to $500 million in new debt, including $150 million without…
EL PASO TAXING ENTITIES OWE $10.3 BILLION!
No one has ever bothered to calculate the total principal and interest owed by the taxing entities within El Paso County, so we analyzed the statistics on public debt published…
COUNTY RAMPS UP PROPAGANDA CAMPAIGN IN SUPPORT OF ISSUING MASSIVE DEBT
The County Commissioners Court is on an unprecedented spending binge. Not only have they raised our taxes and increased their salaries, they now plan to issue up to $500 million…
INTERVIEW WITH TED HOUGHTON, FORMER TEXAS TRANSPORTATION SECRETARY, NOW CHAIR OF EL PASO MOBILITY COMMISSION
Ted Houghton is the principal of Houghton Financial Partners, Chair of the El Paso Mobility Commission, and Vice-Chair of the Medical Center of the Americas. In previous years, he served…
