Mike Brown Steals From Children
As WDR readers know, Mike Brown was able to swindle one of the biggest sweetheart stadium deals in the NFL from Hamilton County (Bob Bedinghaus, the biggest Brown Cheerleader while a Hamilton County Commissioner is now the Director of Business Development for the Bengals...make your own conclusions). Read this old Enquirer article for a great breakdown and previous WDR posts for more details, but the biggest point is that Hamilton County Taxpayers are on the hook through 2027 for almost $800 million in YOUR taxpayer money.
Our taxpayer money has been going right into Mike Brown's pocket and not translating into performance on the field since this bogus stadium deal was signed. But here is a new development - Hamilton County had to cut funding to the Cincinnati Public Schools to cover the costs of the stadium.
See if you can stick with me here. This 2008 Hamilton County Budget in Brief (page 21) explains that the County had budgeted to pay for the stadium with a 1/2 cent sales tax increase, with annual sales tax growth of 3% per year. The problem? The sales tax growth from 2000 to 2007 has only been 1.38%. So the County had to figure out where to find the money to be able to pay for the stadium and its upkeep costs.
Their County filled the budget gap 2 ways.
1. "Restructuring" payments to the Cincinnati Public Schools, saving $39.5M. Basically the County deferred payments to the schools from 2006-2009. So that is almost $40 million that the schools could have used that instead had to be used to cover the deficit created by stadium funds. Cincinnati's detoriating public schools are being deprived of funding because of Mike Brown's sweetheart stadium deal.




