• June 15, 2021
 City proposes no tax rate increase for Fiscal Year 2022 Budget

City proposes no tax rate increase for Fiscal Year 2022 Budget

On Tuesday, City of El Paso officials presented the preliminary budget for Fiscal Year 2022, proposing minimizing the tax rate impact for residents and a decrease in City taxes for seniors and residents with disabilities.

“For the last six years, the City has been proactively working on long-term financial stability by working to align our budget to the Council-approved Strategic Plan and identifying new financial tools and resources to include set-aside funds, a budget stabilization fund and growth of our reserves,” City Manager Tommy Gonzalez said.

“Our future-forward approach has allowed our community to gradually rebound from the challenging economic situation caused by the pandemic, while still being able to address long-term unfunded liabilities such as public safety, streets and public health. We have also been able to maintain a strong bond rating and continue our sales tax growth.”

Officials say the proposed City budget also “responds to the community’s priorities identified during the City’s Chime In Survey process, City Council requests, and other community surveys.”

Priorities include:

  • Public Safety
    • Three Police and two Fire Academies
    • $7.8 million increase for police vehicles, fire engines, ambulances, and radio replacements
    • Increased funding for the Crisis Intervention Team and 911 Communications staffing
  • Streets
    • $7.8 million for street resurfacing projects, increase of $4.8 million
      • $4.8 million for residential and $3 million for collector roads
  • Quality of Life
    • 40 Quality of Life facilities opened in the current year, new Recreation Centers and Water Parks
    • 32 more City facilities budgeted to open next year, including all Recreation and Senior Centers
  • Capital Bond Projects
    • $180 million included for capital projects approved by the voters and City Council

Additional important budget dates to note:

  • June 22 – Presentation and recommendation on Over 65/Disabled exemptions
  • July 25 – Receive Certified Tax Roll from Central Appraisal District
  • July 29 – Present Certified Tax Roll and Ordinance Introducing Tax Rate
  • August 10 – Public Hearing on Tax Rate
  • August 24 – Adopt FY 2022 Budget and Tax Rate

Staff Report

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