El Paso Unveils $1.4 Billion Preliminary Budget for 2027 with Public Meetings

The City of El Paso has announced its preliminary budget for the fiscal year 2027, totaling $1.405 billion, which marks a 1.7% increase from the previous year. This increase is attributed to rising operational costs, public safety needs, and contractual obligations. The city is inviting residents to participate in public budget meetings throughout June to provide feedback and ask questions. The estimated tax rate is projected to rise to $0.783 per $100 valuation, resulting in an average annual tax increase of $105 for homeowners. The budget also proposes a minimum wage increase for non-uniform employees from $15.75 to $16.25.

Key Details: • Public budget meetings scheduled from June 1 to June 11 at various locations. • Estimated tax rate for FY 2027 is $0.783 per $100 valuation. • Average single-family home taxable value projected at $233,549. • Residents can expect an average tax bill increase of $105 annually. • Minimum wage for non-uniform employees proposed to rise to $16.25.