Contact Information
County Auditor
Barbara Parker, CPA, CIA
Email: b.parker@epcountytx.gov
Downtown County Annex
320 S Campbell Street, Suite 140
El Paso, Texas 79901
Phone (915) 273-3262
Fax (915) 273-3266
Monday-Friday
8:00 am - 5:00 pm
Divisions
Executive Management
System Support & Administration
Revenues
Accounts Payable
Internal Audit
Financial Reporting
Payroll
Treasury
Grants Compliance and Audit
EPCCSCD Fiscal Services
Debt obligations summary
Entity Name: County of El Paso, Texas
Type of Entity: County
Most recently completed fiscal year: 10/01/2022 - 09/30/2023
OVERVIEW
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 by allocating two pennies from the maintenance and operations tax rate rather than through debt issuance.
Major Initiatives: During fiscal year 2023, some of the major initiatives worked on funded with the debt issued in previous fiscal years were the Downtown Detention Facility Remodeling, Alamo Alto Trail Project, Spark Arroyo Basin Project, El Paso Stormwater Improvement Projects, among other projects.
DEBT OBLIGATIONS SUMMARY
Total outstanding debt obligations: $320,725,934
Total tax-supported debt obligations: $314,479,940
Total tax-supported debt obligations per capita: $362
Total revenue-supported debt obligations: $6,245,994
Total lease-purchase or lease-revenue obligations: $4,352,520
Total Subscription obligations: $8,141,638
There were no bond elections during fiscal year 2023
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 (869,880 for fiscal year 2023).
NOTES
The last bond election was held on November 3, 1992, to issue General Obligation Jail Bonds, which the voters overwhelmingly approved. The bonds were issued on March 16, 1993, in the amount of $35,000,000 to construct the Eastside Jail Annex.
Source and year for population or enrollment figures used in per capita calculations: U.S. Census Bureau, July 2023
Total lease purchases are presented on the Time Trend for Outstanding Debt as the present value of future minimum lease payments, $4.35 million. Beginning FY 2022 leases have been restated in accordance with GASB 87.
Subscription purchases are presented on the Time Trend for Outstanding Debt as the present value of future minimum lease payments, $8.14 million. Beginning FY 2023 subscriptions have been restated in accordance with GASB 96.
DOCUMENTS
Annual Debt Report Part 1
Annual Debt Report Part 2
2023 Tax Rates
Adopted Budget Debt Information
DOWNLOADABLE DATA
Time Trend for Outstanding Debt
Issue by Issue Listing
OTHER INFORMATION
Texas Comptroller of Public Accounts Debt at a Glance Tool
Bond Review Board Local Government Debt Data
Upcoming Bond Election Information
