Hamilton County Commissioner Todd Portune is recommending a quarter cent sales tax increase to stabilize the stadium fund. His plan would also preserve the full property tax rebate promised to voters in the mid-90's.
The board is dealing with a $7 million gap. The proposal would increase the sales tax from 6.5% to 6.75%. Here's how Hamilton County's sales tax rate compares with Ohio's other 87 counties.
Hamilton County Commissioners are moving forward with a plan to shore up the struggling stadium fund for another year.
Essentially the board is taking out an insurance policy to cover the bulk of the debt and fund what's left from county reserves. It'll cost about $300,000.