Does anyone know why the police department is issuing fewer tickets this year?
We can see why issuing tickets on the freeway would be very dangerous right now, but we are seeing a lot more aggressive driving on our local roads.
We deserve better
Brutus
9 Comments | 
City government | 
Permalink
Posted by Brutus
The lowering of the 35% corporate tax rate down to 21% will cause our local government borrowing costs to go up.
Investors tend to favor making loans where they make the most money and have the greatest assurance that they will get their original money back.
Before the change in corporate rates investors chose between government bonds where the interest rates were lower than commercial bonds but where the government bonds generated tax free income.
Now with a 21% corporate tax rate investors will understand that lending to companies will be safer because the companies will be paying less tax and thus make more money.
Local governments will have to offer higher interest rates to investors if they want to compete for money.
Remember that between the city and the school districts we have over $1.5 billion of bonds that have been authorized but not sold yet.
Continuing down the path of going into debt is going to cost us more now.
We deserve better
Brutus
1 Comment | City government, El Paso Independent School District, Federal Government | Permalink
Posted by Brutus
The increases in our water bills affect not only our monthly bills but our city tax bill as well:
The increase comes to over one million dollars a year.
The city is paying it’s own water outfit more. The taxpayers are paying for this.
In short it’s just another tax increase.
We deserve better
Brutus
11 Comments | City government | Permalink
Posted by Brutus
The city finally posted the presentation for their first quarter financial report.
One of the slides tells us a lot about how competition affects the market.
Things are not looking good for their land line business.
We deserve better
Brutus
2 Comments | City government | Permalink
Posted by Brutus
The city continues to disregard the rules relating to posting agenda items.
The Tuesday, February 6, 2018 council agenda has this item:
There is no backup material, contrary to the rules.
We deserve better
Brutus
6 Comments | City government | Permalink
Posted by Brutus
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