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…
CITY BREAKS TEXAS RECORD FOR OUTSTANDING DEBT FROM CERTIFICATES OF OBLIGATION, AUTHORIZES $200M MORE SINCE LAST YEAR!
Dear Media, This email is just for you! I have completed my research on the issuance of certificates of obligation by the City of El Paso after carefully analyzing the…
WALL STREET JOURNAL: AMERICAN CITIES STRAINED BY ARENA AND STADIUM DEBT
Dear Media and Friends, Sebastian Pellejero and Heather Gillers of the Wall Street Journal just published a very disturbing report on the state of arena and stadium financing in American…
SUN METRO IS $68 MILLION IN THE HOLE!
Dear Media and Friends: Ellen Smyth, who has served as the Director of the Environmental Services Department of the City of El Paso for the last 16 years, was just…
OUR BALLPARK HAS COST THE TAXPAYERS AT LEAST $164 MILLION SO FAR, 2019 FIGURES ARE OUT
Dear Media and Friends, If you ever wondered why our local Chihuahuas franchise is called “triple A,” it is because the Ballpark that hosts them cost more than triple what…
FITCH AFFIRMS THE “A” RATING OF EL PASO INTL AIRPORT BUT DOWNGRADES OUTLOOK TO NEGATIVE
Dear Friends and Media, Fitch Ratings, Inc., one of Wall Street’s “Big Three” credit rating agencies, has reaffirmed the “A” rating for general revenue bonds for the El Paso International…