Barbara Parker, CPA, CIA
County Administrative Offices
320 S Campbell Street, Room 140
El Paso, Texas 79901
Phone (915) 273-3262
Fax (915) 273-3266
8:00 am - 5:00 pm
System Support & Administration
GL and Disbursement (Accounts Payable)
Payroll & Benefits
EPCCSCD Fiscal Services
Debt obligations summary
Entity Name: County of El Paso, Texas
Type of Entity: County
Most recently completed fiscal year: 10/01/2021 - 09/30/2022
El Paso County issues debt to fund public infrastructures, such as new government buildings and renovations, water distribution systems, park improvements, and other projects that require significant capital investment. Using debt allows the County to complete a capital project with a repayment schedule that spreads the project's cost over the life of the Bond. The County reviews projects thoroughly regarding scope, feasibility, cost, the useful life of the financed asset, and capacity to repay debt. As a result, shorter-term capital outlays are funded with the maintenance and operations tax rate equal to two pennies rather than through debt issuance.
Major Initiatives: During fiscal year 2022, some of the completed major initiatives funded with the debt issued in previous fiscal years were the Tornillo-Guadalupe POE Bridge Sidewalk Improvements, Courthouse Walkways and Sidewalk, Upsala Project, Sportspark Improvements-Canopies and Medical Examiners HVAC Renovations.
DEBT OBLIGATIONS SUMMARY
Total outstanding debt obligations: $203,872,191
Total tax-supported debt obligations: $202,017,076
Total tax-supported debt obligations per capita: $233
Total revenue-supported debt obligations: $1,855,115
Total lease-purchase or lease-revenue obligations: $1,543,783
There were no bond elections during fiscal year 2022
Historical Bond Elections:
On November 3, 1992, El Paso County voters approved by 80,974 for and 35,935 against General Obligation Jail Bonds funding to pay the costs associated with constructing and equipment of the new County Jail Annex project totaling $35,000,000.
|Election Date||Proposition Number||Purpose||Amount||Status (enter approved or defeated)|
|11/3/1992||n/a||Constructing and equipment new County Jail Annex||$35,000,000.00||Approved|
Tax-supported debt obligations are the combined principal and interest required to pay all outstanding debt obligations secured by ad valorem taxation on time and in full.
Revenue-supported tax obligations are the combined principal and interest required to pay all outstanding debt obligations that revenues will pay.
Total tax-supported debt obligations expressed as per capita is the ratio of tax-supported debt obligations to population (867,947 for fiscal year 2022).
Texas Comptroller of Public Accounts Debt at a Glance Tool
Bond Review Board Local Government Debt Data
Upcoming Bond Election Information - No Scheduled Bond Election