Page 1

CAPITAL PROJECTS, ELECTION, AND DEBT MODEL [JULY 10, 2019]


Debt Model Changes • 8 year model – first year will be primarily pre-engineering tasks • Removed fleet and equipment beyond 2027 • Moved up Central Regional Command and Fire Station 40 funding to year 2027 • Removes street projects

• Includes Animal Services

2


Cash Flow by Department CASH FOLLOW / YEAR 2019 PROJECT VALUE

2020

2021

2022

2023

2024

2025

2026

2027

EL PASO POLICE DEPARTMENT

$268,354,566

$13,759,413

$38,684,103

$64,233,043

$60,427,803

$50,018,263

$12,893,313

$13,044,313

$15,294,313

EL PASO HEALTH DEPARTMENT

$63,083,000

$3,154,150

$9,462,450

$25,233,200

$25,233,200

$0

$0

$0

$0

$170,027,901

$16,496,086

$28,481,004

$32,144,220

$27,186,054

$21,986,577

$14,370,164

$19,679,788

$17,952,579

$10,000,000

$1,000,000

$4,500,000

$4,500,000

$0

$0

$0

$0

$0

SUBTOTAL

$511,465,467

$34,409,650

$81,127,558

$126,110,463

$112,847,057

$72,004,840

$27,263,477

$32,724,102

$33,246,892

TOTAL WITH INFLATION

$584,683,715

$34,409,650

$84,372,660

$136,401,077

$126,937,592

$84,235,479

$33,170,188

$41,406,428

$43,750,642

EL PASO FIRE DEPARTMENT ANIMAL SERVICES


Debt Model Current Debt Model

Current Debt Model + New Projects

0.50 0.45 0.378

0.40

0.35

0.299

0.30 0.25

0.299

0.318

0.400

0.427

0.426

0.423

0.412

0.336

0.336

0.327

0.320

0.309

2025

2026

2027

2028

2029

0.415

0.345

0.316

0.324

2021

2022

0.335

0.340

2023

2024

0.20 0.15 0.10 0.05 0.00 2020

4


Debt Tax Rate and Levy Year 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Maximum Tax Rate Existing Debt Tax Rate Variance Max. Annual Tax Levy Existing Annual Tax Levy Variance Home Value

Existing & Currently Authorized 0.2989 0.3161 0.3244 0.3355 0.3403 0.3362 0.3358 0.3267 0.3202 0.3092

w/ G.O. Bond Election 0.2989 0.3185 0.3447 0.3784 0.3996 0.4147 0.4271 0.4262 0.4228 0.4121

0.3403 0.2989 0.0414

0.4271 0.2989 0.1281

$340.28 $298.92 $41.36

$427.06 $298.92 $128.14

Year 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total

Existing & Currently Authorized $298.90 $316.08 $324.37 $335.46 $340.28 $336.17 $335.83 $326.68 $320.22 $309.18 $3,243.17

w/ G.O. Bond Election $298.90 $318.48 $344.73 $378.44 $399.64 $414.73 $427.06 $426.18 $422.79 $412.08 $3,843.02

$ Variance $0.00 $2.40 $20.36 $42.98 $59.37 $78.56 $91.23 $99.50 $102.57 $102.89 $599.85

$100,000

5

Profile for peter svarzbein

Debt Projections for Voted Bond Election in 2020  

Debt Projections for Voted Bond Election in 2020  

Advertisement