The November 2013 sales tax numbers from the Texas comptroller of public accounts show El Paso collecting 1.53% less this year than last.
The city budgeted a 4.3% increase for this year.
Shortfall
That puts us at 5.83% lower than the city budget in the month of November.
Something has to give
Remember that the city plans to pay for most of the ball park bonds with hotel occupancy taxes. The city’s projection is that we will have a 3% increase in hotel occupancy taxes this year. The actual numbers show a 1% decrease.
The bonds must be paid. Other things like roads and public health are optional. Property taxes cannot be used to pay for the bonds. That leaves other revenues like sales taxes.
What will happen now? Will we start to see city services cut?
We deserve better
Brutus
How much are we talking about in dollars?
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Dear Santa,
As you are well aware of, I’ve been very good this year (cough cough). And the gift that I’m asking for is really easy for you to give. My only request is that can l please hitch a ride right before you leave my roof? It’s painful living in a town that: will biuld a stadium that will end up looking like something Picasso designed, pulls tax revenue projections out of there colons, can’t even figure out Christmas lights, and pays a small fortune for the idiotic slogan “El Paso, it’s all good.” I don’t even mind commandeering the sleigh if you want to get some rest. lf you could drop me off at Miley Cyrus’ crib, l’ll promise to always be good (more cough cough).
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🙂
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Brutus, where are you getting your numbers from?
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Mr. Mills,
http://www.window.state.tx.us/taxinfo/allocsum/cities.html
from the comptroller’s web site.
Brutus
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Don’t forget, the chief financial person is now helping run the EPISD…
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