CHICAGO — Commissioners in Hamilton County, Ohio, are expected to consider a proposal Nov. 20 to restore part of a property tax rebate that the county has repeatedly cut in order to fund two of the city's sports stadiums. A Republican commissioner on the three-member county board introduced a plan Monday that would restore part of a property tax rebate, saying the county could afford it while still funding the stadiums. The county, which includes Cincinnati, promised the tax rebate as part of a deal in 1996 to get voters to approve a sales tax increase to fund the stadiums' construction.

The sales tax fund has reportedly improved, opening the window for a partial restoration of the property tax rebate, according to local reports. The board eliminated part of the rebate in 2011 but restored in it 2012, funding it with the sale of the county-owned safety net hospital for $15 million.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.