The city’s internal audit department issued a report after reviewing the Economic and International Development department’s handling of incentive agreements.
Take a look at this:
Is anyone surprised?
We deserve better
Brutus
The gift that keeps on giving
September 26, 2019
8 Comments | 
City government | 
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Posted by Brutus
Trying to learn more
September 25, 2019This was the first thing to appear on the city’s web page the other day:
Try going to it at elpasotexas.gov.
Then try to “learn more”.
Nothing happens.
We deserve better
Brutus
4 Comments | City government | Permalink
Posted by Brutus
More shortfalls
September 24, 2019The city’s Firemen’s Pension Fund had an unfunded liability of $138.9 million on January 1, 2016.
Two years later on January 1, 2018 the number was $166.1 million.
With the police shortfall at $233.9 million the public safety pension funds are unfunded by $400 million.
We deserve better
Brutus
7 Comments | City government | Permalink
Posted by Brutus
Policemen’s pension fund
September 22, 2019What is the situation with the city policemen’s pension fund?
As of January 1, 2016 it had an unfunded liability of $179.9 million.
As of January 1, 2018 the unfunded liability had risen to $233.9 million.
This is sad.
We deserve better
Brutus
10 Comments | City government | Permalink
Posted by Brutus
You’ve been warned
September 19, 2019This portion of a slide came from the city’s website:
The footnote says: “Amounts listed are preliminary estimates subject to change. Actual use of any approved bond funds will be determined by subsequent action of City Council”.
They are asking for a blank check.
We deserve better
Brutus
8 Comments | City government | Permalink
Posted by Brutus
elpasospeak 
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