Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 5 Nasdaq Mutual Funds to Watch Out for in 2026 – Money Insights News
    • Regular index funds vs direct funds: Are ETFs better than index funds? | Personal Finance
    • Fifth of investors on Bucharest Stock Exchange exclusively bought Fidelis government bonds
    • Why is Edelweiss Mid Cap Fund gaining attention amid rising midcap returns now?
    • Aberdeen Investments appoints head of multi asset and alts
    • Over 750,000 child trust funds are unclaimed – here is how to track down yours
    • Tech shares rise in Asia, bonds scarred by central bank hawks as oil spikes
    • The Case for Avoiding Riskier Funds
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»El Paso County’s $324M capital projects bonds vie for attention
    Bonds

    El Paso County’s $324M capital projects bonds vie for attention

    October 25, 2024


    To vote for or against about $720 million worth of property tax-supported bond projects is the question facing El Paso County voters on the lengthy, Nov. 5 election ballot.

    In addition, voters inside El Paso city limits, have a third bond-related decision: whether to cancel $128.5 million in authorized bonds for the long-proposed, but never built, Downtown multipurpose arena.

    The $324 million El Paso County Capital Improvement Bond issue has more than 25 projects, including improvements at Ascarate Park and other county parks, renovation of the 82-year-old El Paso County Coliseum campus, and constructing several facilities, including a new animal shelter.

    Voters will have the choice of voting for or against each proposition individually. They are labeled alphabetically from A through E on the crowded election ballot.

    More: El Paso mayoral race: Meet the 8 candidates as early voting starts on Oct. 21

    If all five propositions were approved, the property tax would increase about $5 per month, or about $60 per year, over many years on a home with an average taxable, or tax assessed value, in 2024 of $201,000, county information shows.

    Each proposition has a corresponding property tax cost, ranging from an average of almost $5 per year for the least expensive proposition, building a new medical examiner’s complex; to about $20 a year for the most expensive proposition, renovating the county coliseum campus.

    More: Making ‘lives better’: Airman leads volunteer effort to beautify Ascarate Park

    The county paid El Paso marketing firm Barracuda Public Relations $539,750 to promote and coordinate 24 community meetings through much of 2024 to get public input on project proposals as part of a process to get a final list of bond projects.

    County officials by law cannot advocate for the bond issue, but only provide information about the projects. County staff has solely handled the county’s informational campaign since County Commissioners voted in August to put the bonds on the Nov. 5 ballot, a county spokesperson said.

    Besides staff time, about $4,000 has been spent on printing costs for the informational campaign, a county spokesperson said. The informational campaign includes a bond website (epcounty.com/2024bond), with specific information on projects.

    No private groups are advocating for the County Capital Improvement Bonds, as far as county officials know.

    But a small group of fiscally conservative El Pasoans, campaigning as It’s OK to Vote No on Bonds‑El Paso, is opposing the county bonds and county-owned University Medical Center of El Paso’s $397 million projects bond issue because property taxes would increase, said Guadalupe Giner, the group’s leader. Housing rents also would go up, she said.

    If all five county bond propositions and the UMC bond issue were approved by voters, homeowners would see their property taxes increase an average $132 a year for many years.

    The El Paso County Republican Party also is opposing the bonds and the city’s proposition to cancel $128.5 million in bonds for the never-built Downtown multipurpose arena. Voting “for” the city’s Proposition A ends the city’s arena dream.

    Voters can see the ballot order of the bond propositions and political races via a personalized ballot on the El Paso County Elections Department website.

    Vic Kolenc may be reached at 915-546-6421; vkolenc@elpasotimes.com; @vickolenc on Twitter, now known as X





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Fifth of investors on Bucharest Stock Exchange exclusively bought Fidelis government bonds

    April 30, 2026

    Tech shares rise in Asia, bonds scarred by central bank hawks as oil spikes

    April 29, 2026

    These bonds protect against inflation. How to optimize them for your portfolio

    April 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Aberdeen Investments appoints head of multi asset and alts

    April 30, 2026

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    5 Nasdaq Mutual Funds to Watch Out for in 2026 – Money Insights News

    April 30, 2026

    Lately, Indian investors are increasingly looking beyond domestic tech names to capture global growth.  And…

    Regular index funds vs direct funds: Are ETFs better than index funds? | Personal Finance

    April 30, 2026

    Fifth of investors on Bucharest Stock Exchange exclusively bought Fidelis government bonds

    April 30, 2026

    Why is Edelweiss Mid Cap Fund gaining attention amid rising midcap returns now?

    April 30, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    From ‘contrarian views’ on 3-language policy to Rs 2,152 crore SSA funds: Tamil Nadu CM Stalin writes to PM Modi | India News

    July 28, 2025

    Property Investment Which Responds to Political Change

    October 11, 2024

    Council adopts ordinance regarding bond issuance for critical water infrastructure improvements

    October 18, 2024
    Our Picks

    5 Nasdaq Mutual Funds to Watch Out for in 2026 – Money Insights News

    April 30, 2026

    Regular index funds vs direct funds: Are ETFs better than index funds? | Personal Finance

    April 30, 2026

    Fifth of investors on Bucharest Stock Exchange exclusively bought Fidelis government bonds

    April 30, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹50 lakh retirement corpus: How to invest in SCSS, mutual funds, equities and other assets — CA offers tips

    April 16, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.