CINCINNATI - Cincinnati leaders will hold a special meeting Monday to discuss a proposed property tax increase to pay for city services and several new capital improvement projects.
If Cincinnati City Council approves everything on City Manager Milton Dohoney’s list, property owners are looking at a $4 increase for every $100,000 in the first year. In 2014, it would be an $18 increase.
The money would go to a variety of projects. A big portion involves $32 million to replace two Cincinnati police stations: District 5 in Clifton and Dist. 3 in East Price Hill. Additionally, another $4 million a year would go to new police and fire vehicles. Also, $14 million dollars would be used to replace the fleet facility that maintains those vehicles.
Money is also needed for parks, pools and street projects, Dohoney said.
The city council budget and finance committee meets Monday at 9:30 a.m. at City Hall. To view a copy of the meeting's agenda, go to www.cincinnati-oh.gov/noncms/council/uploads/agendbf.pdf .
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