stadium fund

Hamilton County Commission
3:41 pm
Mon November 24, 2014

Hamilton County 2015 budget set at nearly $202 million

Credit Tana Weingartner / WVXU

As expected, Hamilton County Commissioners approved the 2015 general fund budget Monday. The spending plan is much the same as 2014's.

Commission President Chris Monzel says "the public themselves are not going to see any hit to the services that they're receiving. So it should be no difference from this year to next year."

The $201.6 million budget keeps spending mostly flat. There's an increase for economic development and 9-1-1 dispatch fees will go up 5 percent. Police and fire agencies opposed that increase.

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Hamilton County Commission
3:30 pm
Mon November 17, 2014

Bengals scoreboard to cost about $10 million

The Cincinnati Bengals are a step closer to getting that new scoreboard. Hamilton County is reviewing bids to replace the scoreboard and control room.

County finance specialist Erica Riehl expects the total will be about $10 million based on bids the county received.

The county is required to pay for the upgrade, however, under a bargain struck last year, the Bengals are chipping in $2.5 million.

The contract will likely be awarded by the end of the year.

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Stadium Fund
3:01 pm
Wed November 20, 2013

How much will you get back on your property tax bill next year?

For every $100,000 worth of property value, Hamilton County homeowners will get about $46 back on their tax bills next year.

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Stadium fund
1:27 pm
Mon November 18, 2013

Hamilton County weighing property tax rebate options

Hamilton County Commissioners plan to vote Wednesday on the size of the property tax rebate homeowners will receive next year.

The PTR was promised to taxpayers when the sales tax was increased to fund the new Reds and Bengals stadiums.

Commissioner Greg Hartmann is floating a plan that would fund the PTR at $12 million.

"This year the property tax rebate was $10 million distributed to people that own property in Hamilton County," says Hartmann. "Next year it will be $12 million, which will be divvied up. It's about $42 per $100,000 of (property) value."

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Stadium fund
2:52 pm
Mon September 9, 2013

County considering 3-year stadium fund plan

Credit Michael Keating

Hamilton County Commissioners could take the first steps Wednesday toward balancing the stadium fund for the next five years.

The plan is much the same as last year, but involves a different bank and a three-year deal. Essentially the board would take out an insurance policy with PNC Bank to cover the bulk of the debt and fund what's left from county reserves.

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