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."
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.