From the City Manager’s proposed 2011/2012 budget:
“By now it should be painfully obvious that the City will never sustain its goals for service delivery by perpetually cutting. While cost avoidance and cost containment are always important, there are a number of things vibrant cities are expected to do and it takes revenue to do it. That must come from new jobs, new investment, new business coming and existing businesses expanding. That work will continue to happen through the administration offices of Economic Development and Community Development & Buildings, City supported 3CDC, plus an expanded role of the Port of Greater Cincinnati Development Authority.
The continued development of The Banks, casino, streetcar system, and working partnerships with the Chambers of Commerce, Convention and Visitors Bureau, Film Commission, Uptown Consortium, and others will help move the needle forward. The operating budget contains no line item money for streetcar, and even if it were not being built the deficit would still be $58.7 million.“