Cincinnati’s railway cash is going nowhere fast

Only around $10 million reported to have been spent (12%).

If the city continues to receive quarterly disbursements from the Railway Board of Trustees as planned, millions of unspent railway funds will continue to pile up in the city’s investment pool. It will likely reach $100 million by the end of the year.

However, the railway funds are supposed to be used to maintain and repair our infrastructure, not earn investment income for the city.

I guess City Hall no longer considers the state of our infrastructure to be a crisis like they did during their campaign to sell the railroad.