WCPO Cincinnati

Here's how the city plans to spend the first of Cincinnati Southern Railway sale funds

CINCINNATI — The City of Cincinnati has released its recommended budget for 2025 and it details for the first time how and where the city's planning to spend some of the funds from the sale of the ...
Local 12 WKRC Cincinnati

Cincinnati railway trust may get hit with significant tax bill

CINCINNATI (Cincinnati Business Courier) - The Cincinnati Southern Railway trust may face a major capital gains tax bill from the commonwealth of Kentucky on the $1.6 billion it received from Norfolk ...
WVXU

Cincinnati's railway trust fund has grown despite tariff volatility

Despite recent market volatility, Cincinnati’s infrastructure investment fund has grown about 3.5% so far this year. The initial $1.6 billion fund was invested over a year ago after voters approved ...
WVXU

Cincinnati will get $56M for infrastructure in the first year of investment returns from the railway sale

Cincinnati’s investment fund resulting from the sale of the city-owned railway has grown by $94 million since March, a growth of nearly 6%. Voters approved the $1.6 billion sale to Norfolk Southern ...
Yahoo

Cincinnati's railway cash is going nowhere fast | Opinion

Add Yahoo as a preferred source to see more of our stories on Google. In Tuesday’s election, voters decided to sell Cincinnati’s railroad. Issue 22 allows the Cincinnati Southern Railway board to see ...
The Cincinnati Enquirer

Cincinnati railroad trust fund is off to a good start. Will it keep its momentum? | Opinion

Editor's note: Handshakes and Headshakes are my quick takes on local events, groups or newsmakers whose actions, decisions or performance deserves to be celebrated or called out. It's way too early ...
The Cincinnati Enquirer

Council proposal: Dedicate railway money to 15 'underserved' neighborhoods

Some Cincinnati City Council members are pushing to dedicate some money from the Cincinnati Southern Railway sale to projects that benefit the city's most "underserved" neighborhoods – despite that ...
The Business Journals

Charlie Luken steps aside from board managing city’s railway sale windfall

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Former Cincinnati mayor Charlie ...
The Cincinnati Enquirer

Railway board to decide how much city will get from railway trust fund in second year

The Cincinnati Southern Railway Trust board will meet on Sept.16 to discuss the fund's performance. Voters approved the $1.6 billion sale of the city-owned railway to Norfolk Southern in 2023.
WCPO Cincinnati

Here's how the city plans to spend the Cincinnati Southern Railway funds in 2026

CINCINNATI — It's the first time funds are being disbursed from the sale of the Cincinnati Southern Railway, after residents voted to sell it in November. The City of Cincinnati announced its budget ...
The Business Journals

Cincinnati Southern Railway trust may get hit with significant tax bill

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Cincinnati Southern Railway ...