Surely (May I call you Shirley?) you saw that EPISD property taxes are going up by an average of $64 this year. From KVIA:
The average homeowner in the El Paso Independent School District will see an increase of $64.42 in taxes this fiscal year.
The rate is increasing from $1.23 per $100 tax valuation of a home to $1.31.
District officials say the increase is tied to the $669 million bond passed by voters in November.
But did you miss this nugget?
The average taxable value of an EPISD home dropped $1,580. In 2016, the average taxable value of a home was $113,485. In 2017, it is $111,905.
What? How can our home values be decreasing? Don’t homebuyers know that we have a Triple A ballpark, and we’re getting a trolley, and new signs in our entertainment districts?
If you factor in inflation, the real value of homes in the El Paso Independent School District fell by more than three percent.
That is not a sign of a healthy economy.
Of course, taxes are going up eight percent, so if you’re looking to buy a new house in El Paso, you’re still falling behind.
The misguided policies of our city’s “leaders” are killing El Paso. But they’ll keep squeezing till all the juice is gone.
Welcome to El Paso, Taxus.