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Committee approves amendment to tax-incentive agreement to increase CPS share; estimated $5 million annual boost

5778817 · August 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A proposed first amendment to the city's tax-incentive agreement with Cincinnati Public Schools would extend the agreement and TIF authority and increase the CPS percentage from 27% to 33%, an administration estimate of an additional $5 million per year for the district.

The committee placed on for passage a first amendment to the tax-incentive agreement with Cincinnati Public Schools that would extend the agreement five years and extend TIF authority by 15 years. The administration said the amendment would increase the percentage of TIF funding allocated…

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