Homeowners will pay more for Cincinnati stadiums


CINCINNATI (AP) -- Homeowners in the county that includes Cincinnati are going to be paying more next year to help support the city's professional sports stadiums.

The Cincinnati Enquirer (http://cin.ci/YAB6Jo ) reports that Hamilton County commissioners on Wednesday reduced the property tax rebate to cover a $7 million deficit in the fund that pays for the baseball and football stadiums downtown.

In a 2-1 vote -- with lone Democrat Todd Portune casting the no vote -- commissioners rolled back the rebate by 50 percent for 2013 and agreed to do it again in 2014. This year property owners saved $70 for every $100,000 value of their home.

That means next year they'll pay $35 more per $100,000 of home value.

The rollback doesn't solve the deficit beyond 2014.


Information from: The Cincinnati Enquirer, http://www.enquirer.com