• January 28, 2022

Tags : el paso city budget

City: Continued refinancing of old debt results in saving nearly

On Tuesday morning, City leadership announced another round of refinancing of old debt that saved the city almost $10 million. City Manager Tommy Gonzalez and Chief Financial Officer Robert Cortinas announced the savings of $9.4 million with the refinancing of the ballpark debt, resulting in overall refunding savings of $20.8 million from the two financial […]Read More

City: Refinancing of Bonds saves more than $11 Million

According to a Monday afternoon release from the City of El Paso, a recent round of refinancing, coupled with low interest rates and budgetary work, they have saved taxpayers $11.4 million.  “The City’s leadership in proactive financial investments has been part of a deliberate focus over the last six years resulting in interest earned and […]Read More