| Item Title: | Hospital District - Public Hearing | | Submitted By: | R. Jacob Cintron, President & CEO, EPCHD - (915) 521-7600 | | Subject: | Receive public comment, both proponents and opponents, on the El Paso County Hospital District's (the "Hospital District") proposed 2021 Property Tax Rate. | | Background: | In accordance with Texas Tax Code Chapter 26, the El Paso County Commissioners Court ("Commissioners' Court") will receive public comment, both proponents and opponents, of the Hospital district's proposed 2021 Property Tax rate. The Hospital District is proposing a 2021 Tax Rate in the amount of $0.258145 per $100 assessed valuation, consisting of a rate of $0.210760 per $100 assessed valuation for maintenance and operations, and a rate of $0.047385 per $100 assessed valuation for debt service for the Hospital District's debt service payment (principal and interest).
The Hospital District Board of Managers approved the requested tax rate on Tuesday, August 17, 2021. | | Fiscal Impact: | The proposed tax rate will generate approximately $127.8 million in tax revenue for FY2022 of which $104.3 million will be used for Maintenance and Operations and $23.5 million will be used for Debt Service (principal and interest). | | Recommendation: | No action required. | | Prior Action: | None. | | Strategic Plan: | .. | | Strategic Plan Information: | |
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