Monday morning, Cincinnati City Council's Finance Committee will hold a hearing on a proposed 23% increase in the City's portion of the property tax.
As John Cranley has told us, the tax is necessitated by the construction of Cincinnati's $125 million Streetcar. And as Mark Miller has told us, every City that has built a streetcar has a new tax to accompany it. We believe this is the first of several new taxes for the Cincinnati Streetcar.
The hearing is at 9:30 AM in Council Chambers Monday the 18th.