Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • What Are the 10 Best-Performing Artificial Intelligence (AI) ETFs of 2025?
    • Utilities around the world pledged $1 trillion in grid and renewable energy investments by 2030.
    • Desjardins Investments launches three new mutual funds
    • QQQ vs. MGK: How These Two Tech-Focused Growth ETFs Compare for Investors
    • Nellore Attracts Record ₹6,815 Crore Investments During CII Summit
    • Global ESG Mutual Fund and ETF Funds Register Outflows in Q3 2025 Against a Complex Geopolitical Backdrop
    • Crypto Exchange Giants Moved Millions In Illegal Funds
    • Samsung, Hyundai announce investments
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»El Paso Election: El Paso County’s 5 bond propositions
    Bonds

    El Paso Election: El Paso County’s 5 bond propositions

    October 19, 2024


    El Paso County voters will be able to vote for or against five propositions that, if approved, would add amenities to county parks, upgrade and improve the coliseum, build new annexes, build offices for the medical examiner, and create the county’s first animal shelter. The five propositions on the county’s capital improvement bond total $323.8 million, but voters can decide on each proposition separately.

    COUNTY OF EL PASO CAPITAL IMPROVEMENT BOND

    Here’s how the El Paso County $323.8 million in bond propositions will appear on the Nov. 5 ballot, which will ask voters to vote “FOR” or “AGAINST” the individual measures:

    PROPOSITION A

    The issuance of bonds in an amount not to exceed $95,615,000 for the County’s parks and recreational spaces and the levy of taxes sufficient to pay the principal of and interest on the bonds. 

    PROPOSITION B

    The issuance of bonds in an amount not to exceed $26,700,000 for facilities for the County’s Office of the Medical Examiner and the levy of taxes sufficient to pay the principal of and interest on the bonds. 

    PROPOSITION C

    The issuance of bonds in an amount not to exceed $63,285,000 for the County’s courthouse, sub courthouses, and related annexes and the levy of taxes sufficient to pay the principal of and interest on the bonds

    PROPOSITION D

    The issuance of bonds in an amount not to exceed $105,485,000 for the County’s Coliseum and adjacent facilities and the levy of taxes sufficient to pay the principal of and interest on the bonds. 

    PROPOSITION E

    The issuance of bonds in an amount not to exceed $32,710,000 for the County’s Animal Shelter and the levy of taxes sufficient to pay the principal of and interest on the bonds.


    What are the projects under the proposed $323.8 million county bond issue?

    • Proposition A: Parks & Recreation: $95.6 million to improve, expand and upgrade county parks, including new outdoor stage, covered pavilion, picnic shelters and walking trail at Ascarate Park; new administrative offices a Ascarate to house parks department and others; hiking and walking trails at Westway and Sparks Park; upgrade to field lights at El Paso County Sportspark; and various upgrades and improvements to Veterans and Risiner parks in Fabens, Coyote Park in Tornillo, Gallegos Park in Canutillo; Sparks Park in Sparks; Ruben Estrella Park by Homestead Meadows; and Agua Dulce Park southeast of Horizon City.
    • Proposition B: New Office of Medical Examiner: $26.7 million to build a new medical examiner’s office in a yet-to-be determined location to provide forensic scene investigation and pathology and morgue services.
    • Proposition C: Courthouse, Subcourthouses, and Related Annexes: $63.3 million to build the Corbin Sambrano Project community services annex at the site of the old Naked Harem strip club in South Central El Paso to include victim and rehabilitation services, meeting spaces and outdoor seating; add a commercial kitchen for the senior nutrition program at the Ysleta Courthouse Annex; and replace the Far East Montana Annex now houses in mobile trailers with a permanent building to house a justice of the peace, constable, tax office, county clerk office and more.
    • Proposition D: County Coliseum Renovation & Modernization: $104.2 million in improvements to the coliseum and its adjacent buildings, including renovating seating, improve ADA accessibility, new air conditioning system, new roofing; renovating the Sherman Barn into an event and music venue; reconstruct roller rink into open air pavilion; improve parking lot, pedestrian connectivity, lighting and more.
    • Proposition E: New Animal Shelter: $32.3 million to build a facility adjacent to the jail annex on the Far Eastside. The county’s first animal shelter will provide shelter services, low- to no-cost vaccinations, and spay and neuter services.

    How much will this bond impact my property tax bill?

    If approved, the bond would raise the county’s portion of the homeowner’s bill by about $60 a year on the 2024 average value home, according to county officials. Changes in future property valuations could affect the tax impact. 

    What does my vote “for” or “against” mean?

    • Voting “for” any particular proposition allows the county to borrow the amount of money for the project(s) in that individual proposition.
    • Voting “against” any particular proposition means the county could not issue the debt in general obligation bonds to build the projects listed in that particular proposition. It also prohibits the county from using certain debt, including certificates of obligation that don’t require voter approval but are repaid by taxpayer dollars, for at least three years on the same projects. The county could at a later time take the proposition back to voters.


    Related



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why Did Donald Trump Dump £65 Million Into Bonds Since August

    November 16, 2025

    Trump has bought at least $82 million in bonds since late August, disclosures show

    November 16, 2025

    Martin Lewis explains if Premium Bonds are really ‘worth it’

    November 14, 2025
    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

    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

    What Are the 10 Best-Performing Artificial Intelligence (AI) ETFs of 2025?

    November 17, 2025
    Don't Miss
    ETFs

    What Are the 10 Best-Performing Artificial Intelligence (AI) ETFs of 2025?

    November 17, 2025

    Looking for a list of AI ETFs? Here you go.I set out to answer the…

    Utilities around the world pledged $1 trillion in grid and renewable energy investments by 2030.

    November 17, 2025

    Desjardins Investments launches three new mutual funds

    November 17, 2025

    QQQ vs. MGK: How These Two Tech-Focused Growth ETFs Compare for Investors

    November 17, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Rising SIP inflows: HSBC Mutual Fund explains whether the trend will continue

    October 23, 2025

    RMZ, CPP Investments sell Chennai property to Keppel for Rs 2191 crore – Industry News

    August 6, 2024

    Ethereum ETFs Begin Trading on July 23, Cboe Confirms

    July 19, 2024
    Our Picks

    What Are the 10 Best-Performing Artificial Intelligence (AI) ETFs of 2025?

    November 17, 2025

    Utilities around the world pledged $1 trillion in grid and renewable energy investments by 2030.

    November 17, 2025

    Desjardins Investments launches three new mutual funds

    November 17, 2025
    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

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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