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How El Paso Children’s Hospital is affecting taxpayers

if you own property in el paso county, you’ve been paying each month for the debt incurred to build the children’s hospital in 2007, voters approved selling $120.2 million in bonds to pay for its construction. a taxpayer in a $100- thousand-dollar home will have paid $118-dollars by the end of this month toward the debt. the cost was added to your u-m-c tax bill in october 2008. we’ve paid $47- point–7 million dollars: $41-point-9 million of it went to interest. only $5- point-7 million went toward the principal we have 116-million dollars yet to go. let’s take you outside this

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