Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Top-Performing Healthcare Stocks and ETFs in 2026
    • SBI Funds flags AUM dependence, mkt volatility
    • SBI Funds raises Rs 1,880 crore in pre-IPO placement – Market News
    • Are You Letting Money Slip Through Your Fingers? Wise Moves to Make the Most of Your ETFs
    • CDs vs. Mutual Funds
    • Why large cap and mid cap funds could be the best mutual fund to bet on now, according to Abakkus study
    • 5 Dividend Yield Mutual Funds that Could Surprise Investors – Money Insights News
    • Do I have to pay tax if I suffer losses on my mutual fund investments? Exemptions, capital gains, and other key details
    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

    ‘Can’t buy bonds, can’t sell stocks.’ Bank of America tells investors what they can do.

    July 10, 2026

    £338 warning issued to millions of NS&I Premium Bonds holders

    July 10, 2026

    HUDCO Plans Social Impact Bonds To Fund Urban Infrastructure Projects

    July 9, 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

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

    February 12, 2024

    Top-Performing Healthcare Stocks and ETFs in 2026

    July 12, 2026

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

    November 19, 2023
    Don't Miss
    ETFs

    Top-Performing Healthcare Stocks and ETFs in 2026

    July 12, 2026

    1. What are the best AI healthcare stocks to watch in 2026?Intuitive Surgical, Tempus AI…

    SBI Funds flags AUM dependence, mkt volatility

    July 12, 2026

    SBI Funds raises Rs 1,880 crore in pre-IPO placement – Market News

    July 12, 2026

    Are You Letting Money Slip Through Your Fingers? Wise Moves to Make the Most of Your ETFs

    July 12, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Chattanooga taxpayers final backstop for minor league stadium bonds

    October 10, 2024

    Canada sees new facilities and investments

    July 19, 2024

    Spain’s alleged misuse of post-Covid funds sparks fury in frugal northern EU – POLITICO

    May 13, 2026
    Our Picks

    Top-Performing Healthcare Stocks and ETFs in 2026

    July 12, 2026

    SBI Funds flags AUM dependence, mkt volatility

    July 12, 2026

    SBI Funds raises Rs 1,880 crore in pre-IPO placement – Market News

    July 12, 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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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