Council Set to Approve Funding
According to this article, the city council of Cincinnati is going to vote on funding the streetcar operations for 1 year. The expected operational cost is $4.2 million, and the funding totals $2.3 million. My math tells me this is not so fuzzy, underfunded by nearly $2 million. And then there is next year's operations to fund.
But not to worry, the supporters of the boondoggle that the city cannot afford claim expanding to phase 2 will be on the table next. They can't afford phase 1 and now want to build phase 2.
Think about this. They are funding the streetcar operations by taking revenue from parking. If people ride the streetcar as they expect, won't parking revenues go down?
Just who is voting for these council people anyway?
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