Property taxes and the city budget
Where it standsIn August 2026 a divided council adopted the FY2027 budget and a tax rate of 79.8 cents per $100, raising the average-value home's city tax bill by about $105.
What's on the tableThe next council will set the FY2028 budget and tax rate, including the cost of new police and fire union contracts.
- The council voted 6-2 to adopt the FY2027 budget and 6-2 to set a tax rate of 79.8 cents per $100, increasing city tax bills by about $105 on the average-value home. El Paso Matters · Aug 18, 2026
- The tax-rate ordinance minutes describe the 79.8-cent rate as effectively a 6.76 percent increase in the tax rate. City Council minutes, Aug. 18, 2026 · Aug 18, 2026
- The firefighters union proposed new benefits costing about $66 million over four years; the city proposed about $43 million. El Paso Matters · Aug 18, 2026
- The police union's contract expires next year, and the new contract will affect the FY2028 budget. El Paso Matters · Aug 18, 2026