Skip to Content
El Paso
Remaining Ad Time Ad - 00:00

El Paso City Council votes to divert $6.6M set aside for streets amid economic fallout from virus

EL PASO, Texas -- El Paso City Council voted Monday to divert $6.6 million budgeted for street repair to the city's rainy day fund - known as the budget stabilization fund - in case it's needed for more pressing items amid the economic fallout from the coronavirus outbreak.

Mayor Dee Margo broke a tie vote among council members to approve the measure, which had been recommended by City Manager Tommy Gonzalez and city staff.

It came at the end of an hours-long special session to discuss and examine changes to the city budget for the 2020 fiscal year.

The $6.6 million comes from a separate fund created about 18 months ago for street resurfacing intended to add to the certificates of obligation council approved as far back as 2011 for the same purpose, Gonzalez said.

A presentation during the meeting concluded that the financial impact on the city from coronavirus "will be twice as bad as (the Great Recession of) 2008 and will be sustained for a longer period of time."

The document indicated that the "largest impact will come from decrease in sales taxes, hotel occupancy taxes, bridge crossings, airport traffic, and mass transit," with additional impacts in other areas, including "permits, fines/forfeitures, charges for services."

Gonzalez said the city would also "adjust our spending by strategically holding in place with the many capital projects."

Below is a copy of the budget presentation. The entire meeting from Monday can be viewed in the video player beneath the document.

Coronavirus Video / News / Texas Politics / Top Stories / Video

Jim Parker

Jim Parker is the Director of Digital Content for ABC-7.

Comments

15 Comments

  1. Tha city spends an exuberant amount of money on police and firefighters retirements/OT. This would be a good time to increase their retirement in line with everyone else. Until you hit 65. We have tons of double dippers like madmike, Gee dubb, Steve on Resler, and nadodave. This budget adjustment will be interesting to see it unfold but it will be painful. I can allready see chaos.

      1. uvacowshitkicker you are a low IQ white hillbilly. You all are as stupid as they come. I pay for you to stay home and talk shit. The food stamps and section 8 applies to all your trailer trash relatives. SO APPRECIATE ME. PERIOD. I FEED YOU.

  2. Also all them raises city council gave themselves need to be reduced significantly. It would be interesting to watch which “rep” will do just that while their constituents drown.

  3. This should be a hilarious meeting. On par with the governor’s meeting on Blazing Saddles. I can see Margo now, saying, “Gentlemen, we must protect our phony-baloney jobs”, and the city council giving the mayor a harrumph.

  4. Translation: the City of El Paso and its billionaire overlords BET on a budget that depends on undependable tax revenue.
    .
    Now, with a crisis on hand, the City Potentates are in CRISIS MODE.
    .
    EL PASO IS ON THE ROAD TO BANKRUPTCY, because of STUPID, ARROGANT, Leftist POLITICIANS.

  5. THE GOVERNMENT SUCKERS ABOVE STILL THINK THEY HAVE A WORD. LOL. IDIOT LOW IQ FOLK WHO ARE USED TO MILKING THE SYSTEM. AND THEY ARE ASSHOLES FOR THAT MATTER.

Leave a Reply