Revenue Up For Sun Life Stadium In FY '14 CSU Panels Supports On-Campus Stadium Virginia Beach Reaches Deal To Build $200M Arena Facility Notes Avaya-Earthquakes Deal Worth $20M Renovated Citrus Bowl Open For Business Mavericks Installing High-Tech Camera System Facility Notes Mets Will Move In Citi Field Fences Bucks, UWM Meet About Future Of Panther Arena
REDS AND BENGALS MAY GET NEW STADIUMS UNDER TAX PROPOSAL
Published June 22, 1995
The Reds and Bengals may get new stadiums under a $540M proposal to raise the Hamilton County sales tax but reduce property taxes, according to the CINCINNATI ENQUIRER. The 20- year tax increase, from 5.5% to 6.5%, would be imposed without a public vote, and would generate an estimated $100M annually. This revenue would be used for a $540M stadium complex, special levies now being paid by county property owners, and a 300-bed jail. The plan will be released today by County Commissioner Bob Bedinghause, and will roll back property taxes by an average of 18% annually. Bengals Business Manager Bill Connelly: "This is what Mike (Brown) has been waiting for. We're anxious to see the details" (CINCINNATI ENQUIRER, 6/22).