El Pasoans upset over potential property tax increase
POSTED: Tuesday, August 6, 2013 - 5:30pm
UPDATED: Wednesday, August 7, 2013 - 8:47am
El Paso, TX (KTSM) — El Paso homeowners may have to dig a little deeper into their pockets. Property taxes may rise. El Paso City Council opened the first public meeting on potential tax hikes for homeowners. El Pasoans we spoke with say they're frustrated because that could mean a big budget cut for them.
The potential increase -- $25.90 more per year for a $100,000 property may not seem like a lot, but for some homeowners, that means cutting out essential items out of their budgets.
During public comment at Tuesday's City Council meeting, residents took to the podium and expressed their frustration at the potential increase. According to city officials, this is how the money will be spent --
-- 48.4-percent to local school districts
-- 24.2-percent to City
-- 15-percent to County
-- 7.1-percent UMC
-- 5.3-percent to EPCC
But one single mother said she's already struggling with her current property taxes. "If they're considering a substantial property tax increase, last year the hospital raised it without me knowing, now the El Paso Community College is raising it to fund additional faculty so that they could meet their standards. I'm sitting here wondering how much my increase is going to be and whether or not I can make it this year," Debbie Price an East El Pasoan told us.
Two more public meetings will be held on August 13 and August 20. On the 20th when council will to formally adopt the budget.