Updated: 8:43 p.m. Monday, April 7, 2008
Posted: 12:45 p.m. Monday, April 7, 2008
EL PASO, Texas —
As KFOX has reported, Thomason Hospital recently received a bond rating upgrade from A+ to AA-, and that means the Children’s Hospital will now cost less for taxpayers than originally thought.
“It was going to be $2.38 for the average home value of our community. It is now between $1.50 and $1.70 so it’s about a 70 cent reduction,” said Valenti, referring to taxes per month, per $100,000 home.
Some borderland residents KFOX spoke to were excited that the plans for the hospital were moving forward.
“I think it is very great. I personally have a son, who’s 5 years old, and I think it will benefit a lot of children,” said Lorena Chavez from Socorro.
Others said problems loom ahead.
“There is still a lot of conflict. Finding the doctors and nurses to actually staff the facility,” said Mike Patino from Downtown El Paso.
Chavez and Patino also disagree on how the new bond rating will affect tax payers.
“It still impacts on the economy for homeowners and property owners, but yet there should be some kind of limitation on taxes for these bonds,” said Patino.
“I think it’s going to help our economy in a lot of ways. Homeowners, that we pay a lot per year in taxes,” said Chavez.