Office of Management & Budget

Tax & Budget

In accordance with Sec. 26.05 of the Texas Tax Code, the City of El Paso provides the following Tax Rate and Budget information:

“CITY OF EL PASO ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE, AND THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.29 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY -$36.37.”

Budget Public Hearing Notice
Mass Transit Budget Public Hearing Notice
Notice About 2022 Tax Rates
Notice of Public Hearing
Tax Rate Calculation Worksheet

Budget Books

Current: FY2023 Proposed Budget Book

FY2022 Budget Book
FY2021 Budget Book
FY2020 Budget Book
FY2019 Budget Book

*For older budget books please contact our office.

Budget in Summary

The data table below shows different fiscal years and the budget/tax rate information. A description of each is as follows:

  • General Fund Budget Comparison: a general overview/summary of each year's budget
  • Property Tax Revenue Budgeted For Maintenance & Operations: Money spent of maintenance and operations for each fiscal year, more details can be seen in the budget books
  • Property Tax Revenue Budgeted For Debt Service: current debt obligations, meaning any interest, principal, sinking fund, and lease payments that are due in the coming year

 

FY 2019 Adopted FY 2020 Adopted FY 2021 Adopted FY 2022 Adopted FY 2023 Proposed FY 2023 Proposed 8-1-2023
General Fund Budget Comparison $428,587,800 $457,944,931 $441,985,321 $476,230,863 $504,841,694 $512,751,272
Property Tax Revenue Budgeted For Maintenance & Operations $193,554,893 $213,883,503 $226,894,834 $235,929,354 $245,266,317 $251,274,059
Property Tax Revenue Budgeted For Debt Service $99,433,545 $104,672,446 $102,290,938 $107,532,192 $117,865,464 $117,096,039

 

Property Tax Rate Comparison

  2022-2023 2021-2022  2020-2021 2019-2020
Property Tax Rate: $0.862398/100 $0.907301/100  $0.907301/100    $0.907301/100
No new revenue tax rate:  $0.823058/100 $0.870490/100  $0.902107/100    $0.855093/100
No new revenue Maintenance & Operations Tax Rate: $0.566621/100 $0.602776/100  $0.608543/100   $0.564944/100
Voter Approval Rate: $0.871813/100  $0.909538/100  $0.913296/100   $0.907301/100
Debt Rate: $0.277129/100 $0.285665/100  $0.283454/100   $0.297162/100

 

 

Audited Financial Reports

The following report is performed by the Office of the Comptroller  also known as the Annual Comprehensive Financial Report (ACFR)

 FY2021 Comprehensive Annual Financial Report (CAFR)