CITY TO ISSUE $71,140,000 IN BOND DEBT
City CFO Robert Cortinas will present agenda item 25 to City Council this Tuesday, April 14, according to which $71,140,000 in general obligation bonds will be issued. The funds will…
CITY REPS CANALES AND LIMON MOVE TO ESTABLISH BOAC AS PERMANENT STANDING COMMITTEE WITH EXPANDED OVERSIGHT
The voters passed the Quality of Life Bond on November 6, 2012, authorizing the issuance of $473,250,000 in general obligation bonds for dozens of projects, and only 37 days later…
EL PASO PROPERTY TAX WILL RISE SHARPLY NEXT FISCAL YEAR
Yesterday the voters of El Paso approved all three propositions of the Community Progress Bond for a total of $272,480,000 in new borrowing. In addition, there are hundreds of millions…
“FAIR DATA” AND THREE OF ITS PARTNERS WERE PAID $79,704 THIS ELECTION CYCLE
The 30th-day and 8th-day campaign finance reports reveal that a new company called Fair Data and three of its managing partners—Christopher Hernandez, Vince Perez and Carlos Sierra—were paid a total…
“EL PASO PROGRESS” PAC SENDS OUT MAILERS SUPPORTING “COMMUNITY PROGRESS BOND”
A local PAC called “El Paso Progress” has sent out at least two mailers promoting the $272,480,000 “Community Progress Bond,” which consists entirely of stuff that should have been covered…
ABC-7 XTRA: LIBERTARIAN PARTY CHAIR ATTACKS CITY SPENDING
Last night Stephanie Valle and Erik Elken of KVIA hosted CFO Robert Cortinas and Project Manager Yvette Hernandez of the City of El Paso on ABC-7 XTRA to discuss the…
MAJOR INCREASE IN PROPERTY TAX IS COMING SOON
Yesterday Vic Kolenc of the El Paso Times published a report in which he calculates that the proposed UMC debt issuance, now stated to be $346 million, will add $80…