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El Paso County Hospital District proposes higher 2026 tax rate to pay for voter‑approved bonds
Summary
Hospital district officials presented a $1.9 billion 2026 budget and said a recent voter‑approved bond issuance will raise the district's property tax rate, prompting public comment and a lengthy county discussion about the effect on homeowners.
El Paso County Hospital District officials on Aug. 18 outlined a proposed $1.894 billion revenue budget and a $1.902 billion expense plan for fiscal 2026 and said the district's tax rate will rise because of voter‑approved debt from a 2024 bond package.
Hospital District Chief Financial Officer Michael Nunez briefed the court on the budget and debt service during a public hearing required by state law, saying the district's proposed total tax rate would rise from about 21.9 cents per $100 of assessed value to roughly 24 cents per $100 in fiscal 2026. Nunez said the maintenance and operations component would slightly decrease, while the interest and debt service component would increase to cover the new bond issue proceeds.
The district attributed the rate increase to a November 2024 bond order that voters…
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