DROWNING IN PROPERTY TAXES
"El Paso has the second highest residential property rate among the 50 largest cities in America."
El Paso homeowners are basically paying 60 cents of every dollar spent.
Remember those COs we just talked about? Sixty cents out of every dollar is yours.
Powering out of building debt? Sixty cents out of every dollar is yours.
And it's beginning to have a negative effect in other ways.