REDS AND BENGALS MAY GET NEW STADIUMS UNDER TAX PROPOSAL
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).