NEW CITY FIRE STATION TO COST $1,180 PER SQUARE FOOT!
Dear Friends and Media, On November 5, 2019 El Pasoans voted to issue $413,122,650 in general obligation bonds for public safety projects. The breakdown of how the funds would be…
RENT FOR TWO-BEDROOM APARTMENTS UP 17% SINCE LAST YEAR!
Dear Friends, In the current issue of El Paso Inc, Reyes Mata shows that rent for a two-bedroom apartment in El Paso increased 16.9% for the 12 months ending in…
EL PASO INC: HIGH TAXES DRIVING EL PASOANS TO FLEE IN LARGE NUMBERS
Dear Friends, David Crowder of El Paso Inc published a bombshell report yesterday focusing on El Paso’s anemic growth with respect to the nearby towns of Dona Ana County, New…
EL PASO TIMES DOUBLE FEATURE: LETTERS TO THE EDITOR ON DEFICIT SPENDING AND TAXES
Dear Friends, This past Friday, the El Paso Times published two letters to the editor under the heading “City officials forget their obligation to taxpayers.” They lament the City’s out-of-control…
DIRECTOR OF CITY’S ECONOMIC DEVELOPMENT DEPARTMENT RESIGNS
Dear Friends, Jessica Herrera, the head of the City’s Economic and International Development Department, has resigned. According to a report by Vic Kolenc of the El Paso Times, she has…
CITY EXPENSES TO EXCEED PROPERTY TAX REVENUES BY $60 MILLION IN FY 2025
David Crowder of the El Paso Inc published a report in which he analyzed a PowerPoint presented by City CFO Robert Cortinas–yes, the same CFO who recently told me that…
TEXAS PUBLIC POLICY FOUNDATION ON THE CITY OF EL PASO: “ABUSING” CERTIFICATES OF OBLIGATION IS “BAD BEHAVIOR”
Elida S. Perez just published an excellent report on the City’s abuse of certificates of obligation. It is rare for El Paso Matters to delve into government financial matters, so…
EL PASO TIMES: CITY TO ISSUE $96 MILLION IN NON-VOTER APPROVED DEBT
Anthony Jackson is the new City reporter at the El Paso Times and he just published an outstanding report on the City’s plan to authorize another $96 million in certificates…
EL PASO HOMESTEAD PROPERTY TAX RATE STILL SECOND HIGHEST IN AMERICA
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.…
ON THE CITY’S FINANCES…
“The price good men pay for indifference to public affairs is to be ruled by evil men.” –Plato, The Republic, circa 375 BC. Friends, El Paso is now at a…