CITY TO VOTE TO ISSUE $96 MILLION IN CO DEBT TODAY!
As you wake up to enjoy your coffee and read the paper, your City Council is preparing to convene for its regular meeting. Unbeknownst to 99.9% of El Pasoans, item…
As you wake up to enjoy your coffee and read the paper, your City Council is preparing to convene for its regular meeting. Unbeknownst to 99.9% of El Pasoans, item…
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.…
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…
*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…
Dear Media, This email is just for you! One year ago I submitted to you my research on the City’s outstanding debt from certificates of obligation, which are supposed to…
Dear Friends and Media, On May 27, the Dallas City Council voted 11-3 with one abstention to reject allowing the Dallas County Tax Office to calculate a property tax increase…
*NOTE: THIS REPORT IS FLAWED BECAUSE IT DOES NOT TAKE INTO ACCOUNT THE NO-NEW-REVENUE TAX RATE. TAX RATE ALONE IS NOT AN INDICATOR OF TAX BURDEN. Dear Media and Friends,…
Dear Friends and Media, The Governor has sent out a letter (attached) urging local governments to lower property taxes. El Paso City Council, please read every word of this! Max
Dear Friends and Media: Item 11.5 on today’s City Council Agenda reads as follows: “Discussion and action to direct the City Manager to research and allocate eligible CARES Act COVID-19…