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Small business
1:59 pm
Wed December 5, 2012

Cincinnati proposal to help small businesses

The City of Cincinnati is giving $400,000 to a program that will help small businesses get loans they need to operate or expand.

The funding is going to an organization called SoMoLend. Founder and CEO Candace Klein said it’s a web-based platform.

"SoMoLend connects business borrowers seeking ways to fund their businesses with investors looking to make a return on investment," Klein said in a press release.

City economic development officials say SoMoLend is another item in the city’s tool box to help small business and create jobs in the city.

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Stadium fund balanced for one year
1:46 pm
Wed December 5, 2012

Commissioners slice property tax rebate

Tana Weingartner WVXU

Hamilton County property taxes aren't going up but homeowners will be getting less money back next year.

Commissioners voted 2-1 to reduce the property tax rebate (PTR) homeowners receive.

The PTR was promised when voters approved a sales tax increase to build the Reds and Bengals stadiums.

Board President Greg Hartmann proposed the idea.

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Spina Bifida Association
1:44 pm
Wed December 5, 2012

Local philanthropic group leaves national organization

The local chapter of the Spina Bifida Association is breaking with its national organization and going out on its own.

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Sports
3:42 pm
Tue December 4, 2012

Jones: I'm still the coach here

William Webb of the Belk Bowl (L) and UC coach Butch Jones talk with reporters about the December 27 game.

UC's football team is looking forward to playing in the Belk Bowl on December 27, but whether Butch Jones will be leaving to coach another school is still up in the air.  At a news conference Tuesday, reporters were told the focus would be on that upcoming game against Duke, and Jones stuck to that when the first questions came about whether he was staying or going.

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Cincinnati budget
3:26 pm
Tue December 4, 2012

Cincinnati Council must set 2014 property tax rate soon

By mid-January Cincinnati City Council must decide how much property tax money it wants to collect for the 2014 budget year. 

The vote will come as the body works to finalize next year's spending plan.

The rate must be set earlier because the city is changing from a calendar year budget to a fiscal one. 

For the last decade Council has been holding the amount of property tax revenue collected steady or slightly reducing it. 

A Council Member asked Budget Director Lea Eriksen this week what that's meant for the city.

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