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Tuesday , December 11 2018
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Home | Tag Archives: taxes

Tag Archives: taxes

City Council Approves FY 2019 Budget

On Tuesday, the City Council unanimously approved a $989.3 million budget for the Fiscal Year (FY) 2019 budget.

“The approved budget reflects continued efforts in balancing the present and future needs of the City,” said Mayor Dee Margo. “With the Council’s and city staff’s assistance, we will continue to provide for the level of services for public safety and streets that we have come to enjoy in our City while always respecting the taxpayer.”

The new budget is an increase of 3.99 cents per $100 property valuation, or $37.91 per year on a $100,000 home.

“This budget continues our efforts to offer a sustainable, balanced budget that effectively responds to needs of the City and commits resources to help us focus on streets, public safety, and quality of life in El Paso,” said City Manager Tommy Gonzalez. “It meets the needs of the growing city and further aligns our services with the priorities and expectations of City Council and the community.”

According to a news release from the city, the new budget continues to provide property tax relief for over 47,700 homes with Senior/Disabled exemptions. The annual savings is approximately $379 if you receive the general homestead and the over 65/disabled exemptions.

Included in the news release was a breakdown of specific areas that city officials say the increased tax revenue would be applied.

Streets

  • $7 million increase for 50 residential street maintenance projects
  • ADA on-demand request funding at $500,000 annually
  • More efficient pothole patching – 45,000 potholes per year

Public Safety

  • Pay raises for police officers and firefighters
  • Net increase of 87 new officers over the last three years (On October 1,, will be at the same level as 2010)
  • Implementation of the Crisis Intervention Team to assist with mental illness responses
  • Police, Fire, and 911 Communicator academies
  • Replacement of Fire Station #12
  • 150 new police vehicles on the street by August 2019; 150 by August 2019
  • 3 new firetrucks and 2 new ambulances

 

Quality of Life Projects

  • Park maintenance costs
  • Turf renovation program
  • Recent grand openings
  • Eastside sports complex
  • Asia Gateway and Endangered Species Carousel at the Zoo
  • Upcoming projects
    • Groundbreaking for Eastside Regional Park on August 23 – includes natatorium, diving well, recreation pool, and community center
    • 3 new recreation centers
    • Chihuahuan Desert at the Zoo

Cornyn Discusses Tax Reform, 2018 Agenda Ahead of Camp David Retreat on Fox

WASHINGTON – On Friday U.S. Senator John Cornyn (R-TX) appeared on Fox News’ America’s Newsroom to discuss the Senate’s legislative accomplishments in 2017, a path forward on the solution for DACA recipients, and the 2018 legislative agenda.

Excerpts from his appearance are below, and video can be found here.

On a Solution for DACA Recipients:

“I agree with Kevin McCarthy that there is a deal to be had here. What we need is to restore a legal immigration system and enforcement. Our country has been really made great by the two great pillars of our immigration system. One is legal immigration, and the second is the rule of law. We’ve unfortunately simply sacrificed the rule of law and order in recent years and President Trump, to his credit, is trying to restore it.”

“The President said yesterday at our meeting that we needed to have a bipartisan meeting… to begin to compare proposals and to try to meet in the middle somewhere.”

“But the President has also made clear he wants to deal with chain migration and he wants to deal with the diversity lottery visa. Those are things that he has insisted upon. He’s got the right to insist upon them, and if Chuck Schumer and Dick Durbin want a deal, they’ll have to address that along with the border security component which I’ve been a primary advocate for.”

On the Senate’s Legislative Accomplishments in 2017:

“Coming on the heels of a historic tax bill, which leaves more money in people’s take-home pay, I think people will begin to see that in February, along with the incredible confidence that people now have in our economy as evidenced by not only the stock market but consumer confidence generally. I think the regulatory rollback of the Trump administration after the overreach of the previous eight years, together with things like tax relief and getting good judges confirmed like Neil Gorsuch on the Supreme Court of the United States all up and down the judiciary, I think we’ve got a good record to run on in 2018.”

On the Senate’s Legislative Agenda for 2018:

“Obviously the biggest challenge we have is now in the Senate, we have 51 Republicans and 49 Democrats. There is no way of getting things done this year without bipartisan support. But I think there are clearly some areas where we can work together.”

Study: Undocumented Immigrants Pay More in Taxes Than Wealthy

DENVER – The richest one percent of U.S. taxpayers pay less in taxes, just five percent of their income, than undocumented immigrants who pay eight percent. That’s according to a new report from the Institute on Taxation and Economic Policy.

Meg Wiehe, the director of programs for the group, says the findings show widespread claims that immigrants are a drain on taxpayers are simply not true.

“Like you and like me and like everyone else, they pay sales and excise taxes when they purchase goods and services, they pay property taxes directly on their homes or indirectly as renters, and many undocumented immigrants are also paying income taxes,” she explained.

Colorado currently relies on sales, excise and property taxes for nearly 70 percent of its revenues each year. The study found undocumented immigrants currently add $140 million to Colorado’s tax coffers annually, and if they were given a pathway to legal status, they would contribute an additional $33 million.

Nationally, undocumented immigrants contribute nearly $12 billion in taxes.

In his recent joint address to Congress, President Trump claimed immigrants cost American taxpayers billions of dollars a year. Wiehe notes even though immigrants pay taxes that support safety-net programs, they are not eligible for benefits that other low- and moderate-income families depend on.

“Undocumented immigrants are actually generally excluded from most public benefits,” she said. “Many are paying into Social Security but will not receive the benefits from Social Security. They’re not eligible for Medicaid, they’re not eligible for food stamps.”

A 2013 Social Security Administration report found undocumented workers paid $13 billion in Social Security taxes.

Researchers at City University of New York estimate mass deportation of immigrants would lead to a loss of nearly $5 trillion in U.S. economic output over the next decade.

Author: Eric Galatas – Public News Service

CISD Students Offer Free Income Tax Preparation, Filing for the Canutillo Community

Canutillo ISD announced Thursday that the district is a Volunteer Income Tax Assistance (VITA) and My Free Taxes site.

The VITA program offers free tax help to people who generally make $54,000 or less, persons with disabilities and limited English speaking taxpayers who need assistance in preparing their own tax returns.

CISD officials say, “It is a win/win for both our community who is able to receive access and assistance to file their income taxes for free and for our Career and Technical Education (CTE) students and community members who have been educated on filing income taxes through a 24-hour course sponsored by the IRS.”

Officials added, “We are very proud to be the only VITA site on the far west side of El Paso and helping our community.”

For seven Saturdays in the months of February, March and April, students will be assisting clients with filing income tax returns at Canutillo High School from 9:00 a.m. – 1:00 p.m.

WHO: Canutillo ISD and VITA

WHAT: Students helping the community file their taxes

WHERE: Canutillo High School Library, 6675 South Desert Blvd

WHEN: Saturday, February 4, 2016 at 9:00 a.m. – 1:00 p.m.

2016 Property Tax Bills Are on the Way

The City of El Paso Consolidated Tax Office is sending out 2016 property tax bills during the month of October.

Payments are accepted in the following manner:

  • Online at www.elpasotexas.gov/tax-office/pay-your-taxes or by phone at 212-0106
    • With credit card (with a 1.98% convenience fee)
    • With e-check
  • By mail
    • Before January 31
      • Tax Assessor/Collector Box 660271
      • Dallas, TX 75266-0271
    • After January 31
      • City of El Paso Tax Office
      •  Box 2992 El Paso, TX 79999-2992
  • ln person
    • City Tax Office, 221 N. Kansas, Ste. 300 (Wells Fargo Building, 3rd floor)
    • County Tax Office
    • El Paso Wells Fargo locations (no drive through)

Property tax bills may also be printed by visiting the Tax Office website and selecting “Pay Your Taxes.”

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