Streetcar Funding
Funding For Cincinnati Bell Connector
| Committed Federal Funds | Source | Amount |
|---|---|---|
| Urban Circulator Grant | FTA | $24,990,000 |
| CMAQ | OKI | $4,000,000 |
| TIGER 3 | USDOT | $15,920,000 |
| SORTA Rail ROW Grant | FTA | $268,278 |
| Sub-total | $45,178,278 | |
| Committed City Funds | Amount |
|---|---|
| Property Tax Capital | $33,400,000 |
| Income Tax Capital | $4,600,000 |
| Tax Increment Financing (TIF) | $11,000,000 |
| Blue Ash Sale | $11,000,000 |
| Other Development Fund Revenue | $14,000,000 |
| Reprogrammed Capital & TIF Resources | $7,400,000 |
| Duke Energy/Streetlight Sale Proceeds & Private Contributions | $6,500,000 |
| Sub-total | $87,900,000 |
| Potential City Funds (in escrow pending judicial resolution of Duke utility relocation) | |
|---|---|
| Blue Ash Sale | $15,000,000 |
| Grand Total | $148,078,278 |
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