The City of Cincinnati will benefit from building the Cincinnati Streetcar, but the rest of the County will benefit as well. Streetcars will help the balance of Hamilton County by:
- Increasing Federal Investment in the Region. The streetcar will be funded with rail specific funds from the federal government. If these funds don’t go to building the Cincinnati Streetcar, they will end up in Milwaukee or Atlanta creating jobs in those cities instead of here.
- Increasing Property Tax Revenues. Building the streetcar will increase the property values all along the line and facilitate new development on the 92 acres of vacant lots along the route–leading to greater property tax receipts. Since property taxes are of the two largest sources of the County’s budget, the streetcar will help the County’s bottom line.
- Increasing Sales Tax Revenues. The streetcar will create $1.4 billion in economic development in the urban core. Retail stores and new residents along the streetcar lines will increase sales tax receipts (the other largest source of the County’s budget).
- Not Costing County Taxpayers a Dime. The Cincinnati Streetcar will be funded by the City of Cincinnati. No money will come out of the County’s budget for the streetcar.
- Saving Money on Parking. Even if you only go to one Reds or Bengals game a year the streetcar will save you money. Instead of paying $10 or $20 to park next to the stadium, park in a cheaper lot near Arnold’s or on the street for free after 5 pm and take the streetcar to the game, saving you money and the headaches dealing with the post game traffic jams coming out of the stadium garages.
Support Hamilton County–Build the Streetcar.