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El Paso taxpayers owe three billion dollars

SEPTEMBER 10, 2021 | by Martin Paredes | EL PASO NEWS

By Martin Paredes, includes “… ‘El Paso finances worsened prior to the pandemic,’ says a January 26, 2021, report by the non-profit Truth and Accounting that analyses financial report that cities are required to make public. … Truth in Accounting has given El Paso a ‘D’  grade on its finances. … The non-profit wrote that ‘El Paso’s elected officials have repeatedly made financial decisions that have left the city’ with a large debt burden. In addition to the debt burden, the non-profit says that … El Paso nonetheless waits until the last possible moment – 180 days – to release its financial reports.”

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