Looks like an increase to us

Here is the city’s own chart that shows what they want us to believe the tax rate will be if a $940 million bond is approved by the voters:

Contrary to what we are hearing from the city the chart shows a significant increase in taxes.

Note that even without the new bonds it won’t be until the year 2031 before we have paid enough money on already existing debt for the tax rate to go down.

We deserve better

Brutus

4 Responses to Looks like an increase to us

  1. John Dungan says:

    First of all, let’s face it. Tax rates never go down, and taxpayers never get a break! Not in El Paso! We are so far down this current hole, that there is realistically no hope of ever seeing daylight again, and now they want us to incur even more debt?! The very definition of insanity! Stop the out of control spending. And, just take care of business. You know damn well that a family cannot survive with these irresponsible actions, so how can you expect a City to survive?!

    Liked by 1 person

  2. Anonymous says:

    Lie, hide, deny, deceive, cover up. That is all that WE can expect from these so called “Representatives”. THEY are in “Bizness” to TAKE whatever they can from US. “The hotel tax increase will pay for the ball field that WE politicians want”. The “vote” was about nothing more than campaign “Donations” for THEM, from the idle rich of El Taxo.

    Liked by 1 person

  3. Carnak says:

    C O M I N G S O O N
    B A N K R U P T C Y !!

    Like

  4. Fed Up says:

    Just hope that no one from city hall saw this article.

    https://www.yahoo.com/finance/news/florida-woman-fined-100-000-101646606.html

    Like

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