Skip to Content

Money

ABC-7 Xtra Investigation: Can the City of El Paso collect debt from Trump campaign rally without this key document? 

EL PASO, Texas (KVIA) — Seven years after thousands crowded the El Paso County Coliseum to see then-President Donald Trump campaign for re-election, the El Paso City Council has renewed its efforts to collect on a half-million-dollar bill for services related to the rally. However, collecting payments may be more complex than they thought. Records obtained by ABC-7 reveal that the City of El Paso

Continue Reading

Ysleta ISD facing $16.7 million budget deficit

EL PASO, Texas (KVIA) — The Ysleta Independent School District is facing a budget deficit of $16.7 million. The district discussed its quarterly report during their Board of Trustee meeting Wednesday. The district said there was an issue with a software system across the state with certain Central Appraisal Districts. The state implemented a new

Continue Reading

Questions grow over EPISD’s $52 Million budget deficit

EL PASO, Texas (KVIA) – El Paso ISD is facing a projected $52.8 million budget shortfall, prompting concerns about possible staffing cuts, school consolidations, and financial oversight within the district. District leaders said declining enrollment, rising costs, and payroll overruns contributed to the deficit. Officials reported nearly 900 fewer students than projected, reducing state funding

Continue Reading

El Paso ISD shares financial stabilization plan amid $52 million budget shortfall

EL PASO, Texas (KVIA) — The El Paso Independent School District shared an update on its financial status Tuesday at its Board of Trustees meeting. Officials said the district faces a “financial shortfall” tied to rising costs, less enrollment-related funding, inflation, state funding changes and previous budget projections. The update comes as a public school

Continue Reading

El Paso ISD may declare financial emergency, large-scale layoffs after review puts budget deficit at $52.8 million

by Claudia Lorena Silva A public school consultant is recommending that the El Paso Independent School District declare financial exigency — similar to bankruptcy for educational institutions — and initiate a stabilization plan that could include mass layoffs in the face of an unexpected budget shortfall for the current school year. EPISD officials said the district

Continue Reading

Texas AG, DOJ investigate nation’s beef supply chain, allege unfair pricing

AUSTIN (KVIA) — Texas Attorney General Ken Paxton launched an investigation into the beef industry over potential “anticompetitive conduct.” In a statement Friday, A.G. Paxton said he’ll work with the Justice Department, which also launched an antitrust investigation into the nation’s beef supply chain. A.G. Paxton said four companies control more than 85% of the

Continue Reading

San Elizario mayor says city is behind on required audits after Texas AG alleges illegally-raised taxes

UPDATE (May 15, 2026) — San Elizario Mayor Miguel Chacon sent a statement Friday addressing Attorney General Paxton finding the city out of compliance with SB 1851. A.G. Paxton also notified Horizon City. SB 1851 requires municipalities to meet financial statement audit and transparency standards. The mayor said: “First, and most importantly for our taxpayers:

Continue Reading

US Rep. Gabe Vasquez votes for $469 billion bill to fund New Mexico veterans, military families

WASHINGTON, D.C. (KVIA) — U.S. Representative Gabe Vazquez voted to support $469 billion in funding for veterans and active-duty servicemembers in New Mexico, according an announcement made Friday. Rep. Vasquez voted in favor of the Fiscal Year 2027 Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, which provides money for veterans’ benefits, health care,

Continue Reading

Mescalero Apache joins New Mexico tribes in filing federal lawsuit against sports betting company

ALBUQUERQUE, N.M. (KVIA) — The Mescalero Apache Tribe, along with others, filed a federal lawsuit against an online prediction-market platform’s sports betting on tribal lands. According to a news release from Wednesday, the tribes allege Kalshi’s “prediction market” website and app of breaking tribal law since its website and app lets anyone in the lands

Continue Reading

GECU names new president, CEO

EL PASO, Texas (KVIA) — GECU announced it appointed a new president and CEO Monday. Alex Rascón, who has been with the company more than 20 years, will take on the role effective immediately, GECU said. The current CEO, Crystal Long, retired May 1, according to officials.  “Crystal Long was a true visionary and extraordinary

Continue Reading

EPISD chief financial officer to resign amid financial struggles

EL PASO, Texas (KVIA) — Thursday, the El Paso Independent School District announced its chief financial officer, Martha Aguirre, is resigning amid financial pressure. EPISD’s Deputy Superintendent David Bates will oversee financial operations while the district looks for a new CFO. The district listed several reasons for financial struggles: changes to the Texas school funding

Continue Reading

Ground broken for new manufacturing facility near El Paso airport, expected to bring new jobs

EL PASO, Texas (KVIA) — El Paso will soon have a new manufacturing facility near the airport. The El Paso International Airport hosted a groundbreaking ceremony with the Economic and International Development Department Wednesday. The City of El Paso said the Advanced Manufacturing will attract high-quality jobs and strengthen local aerospace and defense supply chain.

Continue Reading