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City manager's ideas for filling streetcar funding gap

City of Cincinnati

Cincinnati City Manager Milton Dohoney is laying out how he would find the additional $17.4 million needed to build the first phase of the streetcar project.  

As he suggested during a hearing Monday night it will be from a combination of sources.  

He issued a four-page memo to the Mayor and Council Members Tuesday afternoon with his ideas.

Those include:

  • Taking $6.5 million from a fund to make infrastructure improvements near the new casino
  • Temporarily moving $5.4 million from the Music Hall plan to the streetcar
  • Issuing an additional $4.6 million of bonds
  • Delaying a traffic signal replacement project ($400,000)
  • Delaying a water main relocation ($500,000)

City Council will have to approve the additional funding for the streetcar project.  
Vice Mayor Roxanne Qualls said the Budget and Finance Committee will hold a special meeting to discuss Dohoney's funding options.  

The streetcar project is over-budget because construction bids for the first phase came in higher than officials projected.

Jay Hanselman brings more than 10 years experience as a news anchor and reporter to 91.7 WVXU. He came to WVXU from WNKU, where he hosted the local broadcast of All Things Considered. Hanselman has been recognized for his reporting by the Kentucky AP Broadcasters Association, the Ohio Society of Professional Journalists, and the Ohio AP Broadcasters.