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Understanding The Financial Impact: How The UMC Bond Affects Your Taxes

UMC Staff

The UMC El Paso Bond will result in an estimated property tax increase of about $6.00 a month on average for homeowners over the next 30 years.

On November 5, El Paso residents will vote on the University Medical Center (UMC) bond proposal, which would fund various health initiatives and facility improvements.

If approved, the bond will result in an estimated property tax increase of about $6.00 a month on average for homeowners over the next 30 years, based on weighted taxable value.

Currently, El Paso County Hospital District accounts for approximately 8.5% of the property tax bill in El Paso. The largest portions of property taxes go to school districts, followed by the city and county (may vary depending on if you live in the City, County and what taxing entities exist within your jurisdiction).

UMC’s tax rate in 2024 is lower than it was in 2019. For the 2025 fiscal year, the hospital district’s budget is expected to be $1.7 billion, with $129 million (about 8%) coming from property taxes (for Maintenance and Operations purposes).

Residents can use our bond calculator to estimate how the UMC bond proposal might affect their property taxes, based on their home’s taxable value.

The taxable value of homes can be found on the El Paso Central Appraisal District website at EPCAD.org.

Example:

Using a hypothetical 2024 appraised value of $220,601.00 (which will vary based on your property), the bond calculator provides the following estimated tax impact:

Tax Rate ImpactMonthly Impact
Years 1 to 10$8.69
Years 11 to 30$4.71
Weighted average over 30 years$6.04

Residents will decide the outcome of the bond proposal in the November election.

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