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
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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
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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
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