Fact or Fiction

FACT OR FICTION

 

FICTION

"The city of El Paso has not increased property taxes since 2020, and for the upcoming budget, the city is recommending a significant property tax reduction. This year, the city council will be reducing taxes and providing a savings for all residents by reducing the budget by millions."
 - Isabel Salcido and Claudia Rodriguez

FACT

The City tax rate dipped but property tax bills will still go up. The proposed 2023 budget, calls for a 4.49 cent decrease in the city tax rate, netting around $19.3 million in savings to taxpayers. However, since the average home value increased 13.3%, property taxes will still increase about $82 annually on average.

While a lower property tax of 86.2 cents per $100 in property valuation is a decrease from the previous 90.7 cents, it does not offset the rise in valuations… so your property tax bill still saw a significant increase.

A “no-new-revenue-tax-rate” of 82.3 cents would have to have been approved to maintain your bill at the current rate.

______________________

FICTION

 “We are recommending almost $20 million less in the City's budget. We believe this tax relief will help our taxpayer and continue our efforts to fully recover as a community.”
- Tommy Gonzalez

FACT

But…“The FY2022-2023 All Funds Budget of $1.16 billion shows an increase of $94.4 M from the prior year.” Last year's adopted budget was $1,067,475,828.  This year's proposed budget is $1,161,899,434."

The FY2023 Proposed Budget Book (which bears Tommy Gonzalez signature) says,

“The 2023 budget will raise more total property taxes than last year's budget by $21,316,148 or 6.0%, and of that amount $4,392,638 is tax revenue to be raised from new property added to the tax roll this year.”

I'm tired of being lied to.

...and then there's Irresponsible Spending

sa

Brian Kennedy for District 1 Campaign Location
401 East Main Street, Suite 408
El Paso, TX 79901
915-637-1650

Menu