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July 25th, 2013 By German Lopez | News | Posted In: Budget, News, Parking, Infrastructure

Morning News and Stuff

Behind the parking plan drama, state budget cuts local funding, bridge to get federal bump

news_pgsittenfeld_jf2Councilman P.G. Sittenfeld - Photo: Jesse Fox

Being one of the first to discover a critical memo put Cincinnati Councilman P.G. Sittenfeld at the center of an ongoing drama regarding the city’s plans to lease its parking meters, lots and garages to the Greater Cincinnati Port Authority. The memo criticized the financial details of the lease, but it was kept from the Port, City Council and the public for nearly a month. Ever since the controversial parking plan passed City Council and was upheld in court, concerned citizens, business leaders and critics like Sittenfeld have been calling on the city and Port to rework or halt the deal. So far, the city and Port have stuck to their support. The city will get a $92 million lump sum and at least $3 million a year from the lease, which it currently plans to use to help balance city budgets and fund development projects, such as the I-71/MLK Interchange.

The latest state budget secured more cuts to city and county governments, putting local governments at a $1.5 billion shortfall in the next two years compared to 2010 and 2011, according to a new report from progressive think tank Policy Matters Ohio. Republican Gov. John Kasich and Republican legislators slashed local government funding in 2011 to help fix an $8 billion budget hole. But the latest state budget, which Kasich signed into law in June, was awash in extra revenues because of Ohio’s economic recovery — so much so that legislators passed $2.7 billion in tax cuts. For Cincinnati, the original cuts cost the city more than $22 million in revenue.

The Brent Spence Bridge was bumped up in a federal funding priority list through a successful amendment from Sen. Rob Portman, an Ohio Republican. The amendment prioritized $500 million for obsolete and structurally unsound bridges, but it’s so far unclear how much of the money will go to the Brent Spence Bridge project, which state officials estimate will cost $2.7 billion. Currently, Ohio and Kentucky officials plan to pay for the bridge project by enacting tolls.

Vice Mayor Roxanne Qualls, who’s running for mayor this year, is calling on the city manager to produce a plan that would structurally balance Cincinnati’s operating budget by 2016.

“To build on the momentum Cincinnati is now experiencing, we must set a course now for a fiscally sustainable future,” Qualls said in a statement. “That’s why I’m urging that we have a plan to reach structural balance by 2016, restore reserves and increase the city’s pension contribution, minimize using the parking lease payment to restore budget cuts and continue to invest in neighborhoods and jobs to grow revenue.” The announcement comes more than one week after Moody’s, the credit rating agency, downgraded Cincinnati’s bond rating and criticized the city for its exposure to unsustainable pension liabilities and reliance on one-time sources to fix budget gaps.

Ex-Councilman John Cranley, who’s also running for mayor, is rolling out his jobs plan today. The initiative will provide a job training program for individuals facing long-term unemployment or underemployment, which the Cranley campaign estimates will result in 379 individuals per year obtaining full-time, permanent jobs. The program will be mainly paid for by pulling funds from the city’s Office of Environmental Quality, Department of Finance, travel and the state lobbyist. “My deepest conviction is that there is dignity in work. I believe all able-bodied adults should work and be self-sufficient. And I believe society has an obligation to ensure the opportunity to work exists,” Cranley said in a statement.

On Second Thought: “Facts vs. Perceptions in Trayvon Martin Coverage.”

Police yesterday shot and killed Roger Ramundo, an allegedly armed Clifton resident. Officers had been called to the area of Clifton and Ludlow avenues by a mental health provider, who said there was a person with mental health issues armed with a gun, according to interim Cincinnati Police Chief Paul Humphries. Police said they tried to first subdue Ramundo with Tasers during an ensuing struggle, but they were unsuccessful and the man pulled out his gun and fired a shot. That’s when one officer fired two shots that hit Ramundo, who was then taken to University Hospital, where he was pronounced dead.

Gov. Kasich isn’t providing clemency to a Cleveland killer who stabbed his victim 17 times, overruling a rare plea for mercy from prosecutors but siding with a majority of the state parole board. Billy Slagle will be executed on Aug. 7.

Ohio will take a hands-off approach to promoting Obamacare, even though outreach will be crucial for the controversial health care law. President Barack Obama’s administration estimates it will have to enroll millions of young adults into health care plans to turn the law into a success.

Meanwhile, Hamilton County is investigating if Obamacare could result in lower property taxes by allowing the county to shift costs to the federal government.

A Cincinnati money manager is being accused of running an “elaborate Ponzi scheme” that cost investors “tens if not hundreds of millions of dollars,” according to a July 20 complaint filed in the Hamilton County Common Pleas Court.

The average price of a flight from Cincinnati/Northern Kentucky International Airport dropped, but the airport is still the second-most expensive in the nation.

CityBeat gave Internet cat-celebrity Lil Bub an in-depth look in this week’s issue. Find it online here.

Want to maximize your tan? Here is how close you could get to the sun and survive.

 
 
 
 
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