Max Grossman sent in this note about the children’s museum:
“We need to go to another level to make sure that we’re going to deliver a quality project–and a project of excellence to the community.”
Tracey Jerome, Director of Museums and Cultural Affairs, City of El Paso, KVIA report, 5/22/18
$19.5 million were originally earmarked for the Children’s Museum, one of the signature “Quality of Life” projects. That figure has now more than tripled to $60 million, with $20 million coming from the El Paso Community Foundation and the balance coming from the City of El Paso. Thus the City is planning to issue at least $20 million in certificates of obligation to pay for the massive, bloated bond project,without voter approval. This is an egregious act of economic tyranny and it will not be tolerated.
Watch City leaders continue to tell us that we deserve a world-class state-of the-art facility, as our debt explodes into the red zone. I said it before and I’ll say it again: we have the 2nd highest homestead tax rate among the 50 largest cities in America and our City’s portion of our homestead tax, at $0.80 per $100 of valuation, is the highest among major Texas cities. Our tax-supported debt has exceeded $2 billion, which is more than Austin’s! This comes at a time when thousands of El Pasoans are receiving notices that their property taxes are skyrocketing; I got mine, which comes with a 10% tax hike in a single stroke! We cannot afford to expend tens of millions of extra dollars on entertainment projects that are not essential while so many of our roads resemble those of Beirut!
See the excellent report by Aaron Montes on the front page of the current issue of the El Paso Inc.
El Pasoans are watching, and they are not happy.