by German Lopez
4 days ago
Tax abatements benefit wealthy, group to market Cincinnati, winter raises city’s costs
About 1 in 20 Cincinnatians, many of them in the
wealthiest neighborhoods, pay less in taxes because their home
renovations and constructions are subsidized by a local tax program.
While the program benefits the wealthy, it also hits Cincinnati Public
Schools and other local services through lost revenue. The tax abatement
program aims to keep and attract residents and businesses by lowering
the costs of moving and living in Cincinnati. Anastasia Mileham,
spokeswoman for 3CDC, says the tax abatements helped revitalize
Over-the-Rhine, for example. Others say the government is picking winners and losers
and the abatement qualifications should be narrowed.With hotel room bookings back to pre-recession levels,
Source Cincinnati aims to sell Cincinnati’s offerings in arts, health
care, entrepreneurism and anything else to attract new businesses and
residents. The Cincinnati USA Convention and Visitors Bureau
established the organization to reach out to national journalists and
continue the local economic momentum built up in the past few years.
“Successful cities are those that have good reputations,” Julie
Calvert, interim executive director at Source Cincinnati, told The Cincinnati Enquirer.
“Without reputation it’s difficult to get businesses to expand or
relocate or get more conventions or draw young diverse talent to work
for companies based here.”The harsh winter weather this year pushed Cincinnati’s
budget $5 million over, with nearly $3 million spent on salt, sand and
. The rest of the costs come through increased snow
plowing shifts and other expenses to try to keep the roads clean. The
extra costs just compound the city’s structurally imbalanced budget
problems. The need for more road salt also comes despite Councilman Charlie
Winburn’s attempts to undermine the city’s plans to stockpile and buy
salt when it’s cheap.Mayor John Cranley says the success of The Incline Public
House in East Price Hill, which he helped develop, speaks to the pent-up
demand for similar local businesses in neglected Cincinnati
neighborhoods.Less than a month remains to sign up for health insurance plans on HealthCare.gov.
The estimated 24,000 students who drop out of Ohio schools
each year might cost themselves and the public hundreds of millions a
year, according to the Alliance for Excellent Education.Ohio Attorney General Mike DeWine says meth abuse has reached “epidemic” levels in the state.Ohio gas prices continued to rise this week.Developers say they have funding for the first phase of a Noah’s Ark replica coming to Williamstown, Ky.There’s a Netflix hack that pauses a movie or TV show when the viewer falls asleep.Follow CityBeat on Twitter:• Main: @CityBeatCincy • News: @CityBeat_News • Music: @CityBeatMusic • German Lopez: @germanrlopezGot any news tips? Email them to email@example.com.
1 Comment · Wednesday, November 18, 2009
Where I grew up in New Jersey, there were plenty of ski areas within easy driving distance, but the quality of the trails and the length of the lift lines always left something to be desired. It might take 15 minutes to hurtle down a dangerously crowded, icy slope from the summit, and then you’d have to wait another half hour or more in the bitter, biting cold for another run.