Cincinnati citizens screwed by sportball
2013-12-27 20:57:39.65793+01 by Dan Lyke 0 comments
Yet another city screwed over by the corporate welfare that is professional sports: Cincinnati Stadiums Bury County Government in Debt:
The tax relief hasn’t materialized as pledged, said Todd Portune, a commissioner in Cincinnati’s Hamilton County. Instead, the county government is grappling with annual stadium expenses totaling at least $43 million this year, including debt service, county documents show. Residents have seen a public hospital sold, mass-transit investments postponed and little private development near the stadiums that didn’t involve additional public subsidies, Portune said.