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Advocates are collecting signatures for a Cincinnati charter amendment to change the way residential tax abatements are awarded. The Cincinnati Federation of Teachers is leading the charge.
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Council voted 8-1 Wednesday to approve the ordinance. It significantly reduces the value of residential tax abatements in the city's wealthiest neighborhoods.
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The town hall questions mostly echoed what has been brought up previously, including criticism about abatements in general and about the current system, which is pretty clearly unbalanced.
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Cincinnati City Council is considering major changes to the residential tax abatement program. A vote has been delayed four times for more community engagement, but that engagement has been lackluster at best.
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The measure was supposed to get a vote this week, but Council delayed action so they could do more community engagement.
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Cincinnati officials say they want more public feedback before voting on a proposed overhaul of the city’s residential tax abatement program.
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Council is considering changes that would limit the value of abatements in wealthier neighborhoods.
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Cincinnati City Council voted 8-1 in March to approve an overhaul of the residential tax abatement program. Those changes go into effect Sept. 1.
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A proposed overhaul of Cincinnati’s residential tax abatement program looks a little different after changes in committee Tuesday. But critics say it's still not enough to make the program more equitable.
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A proposal to change Cincinnati’s residential tax abatement program faces some criticism as City Council gets closer to a vote. A Council committee will discuss and hear more public comment Tuesday afternoon.