The “50-State Property Tax Comparison Study for taxes paid in 2015” from the Minnesota Center for Fiscal Excellence has just been published.
The study is 103 pages long and unfortunately lists El Paso in the lists of cities that have the highest tax rates. Their numbers as they relate to El Paso are:
Homestead property tax rate–3rd highest among the 50 largest cities
Industrial property tax rate for properties valued between one and 25 million dollars–3rd highest among the 50 largest cities (second highest for properties valued at $100,000)
Apartment property tax rate–10th highest among the 50 largest cities
These numbers are before the majority of the quality of life bonds and school district bonds (EPISD and Ysleta) are sold.
Do we have any volunteers for the job of bringing new businesses to El Paso?
We deserve better