Remember this story from a couple of days ago, in which City Manager Tommy Gonzalez said that El Paso can maintain its bond rating if City Council has the political will to raise taxes?

And remember this story from KVIA, where the City’s Chief Financial Officer Dr. Mark Sutter said

“I told council ‘I don’t think you ever saw the actual results of the financing compared to the models. It’s not a pretty sight,” he said in an interview Tuesday.

Does that mean that the Hotel Occupancy Tax isn’t paying for the ballpark? (Ha!) And, more importantly, does it mean that City Council will have to raise taxes to cover the short?

Or will we just coast along with a reduction in city services?

How short is the ballpark financing compared to the models? The ballpark has been well-attended. I don’t think we can squeeze more juice from that lemon.

I sure would like to see “the actual results of the financing compared to the models.” That might be a relevant factor as the City decides to build that downtown arena .

One comment

  1. You mean, “coast along with a [further] reduction in services,” don’t you? As it is our streets continue to deteriorate, with no indication of any work being done. Lately, I’ve notice a new problem wherever the pavement goes from concrete to asphalt, like at most intersections. There is a real separation that now causes big gaps in the pavement, and areas where it has raised so high that you can’t help but feel a hard bump as you pass over. These things need to be addressed, but the only time I see any work on the streets is when they are being dug up.

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