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<v Speaker 1>You're twenty twenty four election headquarters.

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<v Speaker 2>Our country's just falling apart and we need a major change.

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<v Speaker 2>Fifty five krs the talk station eight oh five.

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<v Speaker 1>If you're a fifty five PRCD talk station, Bryan Thomas here,

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<v Speaker 1>wishing you a very, very happy Friday.

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<v Speaker 2>I hope you have some great plans for the weekend.

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<v Speaker 1>I was really looking forward to this all morning, ever

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<v Speaker 1>since I saw it. A proposal by a former House

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<v Speaker 1>remember Tom Brinkman. He's currently running for Hamlin County Auditor.

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<v Speaker 1>Everybody knows who owns property here in Hamilton County and

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<v Speaker 1>basically outside as well. Property taxes went through the roof.

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<v Speaker 1>Some people got lucky and there's only one up maybe

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<v Speaker 1>nine percent. Others are facing a sixteen percent and even

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<v Speaker 1>higher property tax rate, and many people can't afford it.

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<v Speaker 2>You got a senior in the House on a fixed income.

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<v Speaker 1>They cannot manage a property tax bill that goes up

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<v Speaker 1>that much. Maybe a solution is in Columbus. But Tom

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<v Speaker 1>Brikman has a solution. He's just turned in a proposed

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<v Speaker 1>charter amendment and it's made the obviously made the news rounds,

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<v Speaker 1>supported by, among others, Adam Kaylor, who's running for Hamilton

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<v Speaker 1>County Commissioner to take some of the railroad money. The

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<v Speaker 1>one point six billion dollars is CINCINNTI put in trust

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<v Speaker 1>when they sold the Cincinni Southern Railway and take six

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<v Speaker 1>hundred million of that to put it in a separate

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<v Speaker 1>fund to help people with their property taxes. Tom Brakman,

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<v Speaker 1>Welcome to the fifty five Cassey Morning Show. It's great

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<v Speaker 1>to have you on to talk about this today.

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<v Speaker 3>Well, thank you very much for having me.

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<v Speaker 1>Now, I guess the first question across is my mind.

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<v Speaker 1>We were told over and over again, and I was

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<v Speaker 1>not in favor of the sale. I had Adam on

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<v Speaker 1>a bunch of times. I had other experts on the

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<v Speaker 1>subject talking about how stupid it was to sell it.

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<v Speaker 2>But here we are. They sold it.

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<v Speaker 1>They put the money in trust, but they promised us

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<v Speaker 1>until they were blue in the face that this money

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<v Speaker 1>could only be used for existing infrastructure they're going to generate.

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<v Speaker 1>They claim eighty eight million dollars a year on this investment.

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<v Speaker 1>I don't know what the market dropping the other day,

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<v Speaker 1>whether that's even possible story to be told later on it.

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<v Speaker 1>But the point is they take the money from the

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<v Speaker 1>revenue that's generated, and they must work on the hundreds

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<v Speaker 1>of millions of dollars in infrastructure needs we had because well,

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<v Speaker 1>for the last four decades, I guess they've ignored roads

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<v Speaker 1>and bridges and core infrastructure and they got themselves into

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<v Speaker 1>a real pickle. And now you want to take six

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<v Speaker 1>hundred million to that to tell people with property taxes,

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<v Speaker 1>how is this going to work in practice? And is

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<v Speaker 1>it even legal given the background behind the sale. I

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<v Speaker 1>know it's a long winded way of opening this up, Tom,

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<v Speaker 1>but that's all I got, man, Okay, okay.

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<v Speaker 3>Well, first of all, we received approval of our petition

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<v Speaker 3>yesterday from the city slicter. That means is a workable document,

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<v Speaker 3>it would work. We can take six hundred million, put

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<v Speaker 3>it in a fund and get it to give taxpayers

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<v Speaker 3>relief immediately, meaning in January. In January, the citizens living

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<v Speaker 3>the property owners in the City of Cincinnati would see

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<v Speaker 3>an eighteen point seven reduction of their property tax bill

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<v Speaker 3>because the fund would make that payment for him. That

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<v Speaker 3>fund should last about ten to twenty years, depending like

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<v Speaker 3>you said, on investments.

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<v Speaker 1>Now, so real quick though, with the fund being established,

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<v Speaker 1>assuming it gets approved on the ballot, it goes into

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<v Speaker 1>a fund to generate income much in the say, the

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<v Speaker 1>same way the one point six billion is generating. It's

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<v Speaker 1>actively managed by investments. But you would have to dip

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<v Speaker 1>into principle immediately on the six hundred million because it

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<v Speaker 1>wouldn't have time to generate the kind of revenue you

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<v Speaker 1>need to relieve taxes.

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<v Speaker 3>Correct, right, right, Well, we would we would use about

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<v Speaker 3>it's about fifteen million dollars, okay, would be taken out

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<v Speaker 3>of the six hundred million dollar fund. Now, I've seen

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<v Speaker 3>projections where it could go on in perform, you know, forever.

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<v Speaker 3>You know, the markets come and go. I don't want

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<v Speaker 3>to say that to folks. I'm saying it would last

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<v Speaker 3>between fifteen and twenty years. But the way it's structured

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<v Speaker 3>is the fund would be started in fifteen days. The

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<v Speaker 3>city would contact the county auditor in fifteen days find

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<v Speaker 3>out what their tax bill would be, and then fifteen

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<v Speaker 3>days after that they write a check to the county treasurer,

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<v Speaker 3>so that when we would see our bills, we would

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<v Speaker 3>see that we owe one thousand dollars, let's say, but

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<v Speaker 3>we would also see on the bill that one thousand

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<v Speaker 3>dollars has been covered by this city fund and we

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<v Speaker 3>see that type of reduction and into substantial reduction. It's

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<v Speaker 3>about eighteen point seven percent depending on what type area

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<v Speaker 3>you live in. And you know, if you're paying for

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<v Speaker 3>your trees or you know, your sidewalk repair, you know

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<v Speaker 3>that type of thing. Now, you know, we have home

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<v Speaker 3>rule in the City of Cincinnati, in the state of Ohio.

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<v Speaker 3>It's in our constitution, so at charter city can take

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<v Speaker 3>care of what they want to do within their boundaries. Now,

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<v Speaker 3>I've been in the legislature and i know they're always

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<v Speaker 3>trying to cut back on that. But we meaning like

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<v Speaker 3>when the city wants to ban guns, or the city

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<v Speaker 3>wants to ban plastic bag, right, there's always attempts to

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<v Speaker 3>cut back on that. But generally, if the city wants

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<v Speaker 3>to take their money and waste it on a street car,

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<v Speaker 3>no state legislation is going to stop that. If they

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<v Speaker 3>want to spend it on a spray park or something

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<v Speaker 3>like that. So our ability to been just on the

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<v Speaker 3>taxpayers to take care of the old time people. I'm

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<v Speaker 3>an old time person. I'm sixty six, I've been in

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<v Speaker 3>the city my whole life. Nobody's given me tax abatement,

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<v Speaker 3>nobody's setting up a fund for me. So my ancestors

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<v Speaker 3>who were here in eighteen forty, so they were around

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<v Speaker 3>when they built that railroad. They were assessed property tax

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<v Speaker 3>to pay for that railroad. It's fitting that the people

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<v Speaker 3>who own property in the city now get relief from

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<v Speaker 3>that fund. And I think it's only the right thing

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<v Speaker 3>to do.

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<v Speaker 2>Now.

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<v Speaker 1>Is this going to be index based on income or

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<v Speaker 1>ability to pay a tax? Is it going to be

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<v Speaker 1>a uniform across the board? How's the amount calculated generally speaking?

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<v Speaker 1>And are there you know, proposals along those lines built

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<v Speaker 1>into the process.

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<v Speaker 3>No, it's very simple. The city right now brings in

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<v Speaker 3>about twenty nine million from this tax, and that is

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<v Speaker 3>what we will cover, regardless whether you're a small business,

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<v Speaker 3>regardless if you're just a senior who's struggling to make

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<v Speaker 3>your payments. And yeah, you know, some lord's going to

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<v Speaker 3>get a cut, and I'm sorry that's the way it goes.

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<v Speaker 3>But the bottom line is we're going to cut it

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<v Speaker 3>for all property tax the payers in the City of Cincinnati,

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<v Speaker 3>and just it makes it, you know, keep a simple,

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<v Speaker 3>stupid system, And that's that's how we plan to do it. Now.

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<v Speaker 3>It's interesting we used to index our increase in our

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<v Speaker 3>property tax in the City of Cincinnati. Beginning this year,

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<v Speaker 3>city council took that index off, so it was going

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<v Speaker 3>to go up from twenty nine million to thirty two

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<v Speaker 3>million that they were going to bring in. And also

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<v Speaker 3>this is a city council who is proposing an increase

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<v Speaker 3>in the earnings tax. So here they get this big

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<v Speaker 3>railroad money. They they're they're letting the property tax go up.

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<v Speaker 3>I get rid of that, holding it the same with

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<v Speaker 3>twenty nine million, and then they want earned more earnings tax.

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<v Speaker 3>And I you know, I drive on Columbia Parkway for

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<v Speaker 3>it worsen away. It's a mess. Yeah, but garbage isn't

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<v Speaker 3>picked up. It's a mess the street. They say, oh,

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<v Speaker 3>we're going to do these little bumps to stop people

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<v Speaker 3>from rolling through the stoplight. You drive across seventh Drive

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<v Speaker 3>across seventh Street. When I dropped off my petition yesterday

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<v Speaker 3>at City Hall to get the seventy one oh you

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<v Speaker 3>got his bom bom bom bom bom bom boom boom boom,

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<v Speaker 3>the air false terrible. Yeah, and they're and they're yeah.

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<v Speaker 1>Yeah, well I've been I've been using a default phrase

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<v Speaker 1>of late Fred One of my listeners called in self

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<v Speaker 1>identified black man living in the city of Cincinnati. I

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<v Speaker 1>worried about national scope politics, but he wants his road fixed.

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<v Speaker 1>All Fred wants is somebody to come out and patch

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<v Speaker 1>his damn street.

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<v Speaker 2>You know, that's a simple ask.

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<v Speaker 1>And this is what this is what leads us to

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<v Speaker 1>this position, Tom, is the city under Democrat rule for

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<v Speaker 1>how long? How far back do you have to go

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<v Speaker 1>to find a Republican that ran the city of Cincinnati.

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<v Speaker 1>Was it Gene Ruleman or something or Ken Blackwell? But

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<v Speaker 1>don't even They have neglected Fred and everybody else's road

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<v Speaker 1>in chasing stuff and things and bright shiny new objects

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<v Speaker 1>like streetcars. Point valid. And you mentioned raising the earnings

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<v Speaker 1>tax rate, and I think this is the reason. Maybe

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<v Speaker 1>they know, based upon the promises and whatever restrictions are

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<v Speaker 1>placed on the one point six billion dollars, that they

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<v Speaker 1>have to put that toward existing infrastructure and therefore can't

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<v Speaker 1>build the second leg of the street car. Maybe they

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<v Speaker 1>want all this extra revenue because money's fungible. If it

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<v Speaker 1>doesn't come from the earnings on the one point six

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<v Speaker 1>billion investment, then they can use it to go for

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<v Speaker 1>new shiny objects and things. That they want exactly exactly,

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<v Speaker 1>So we think that we need to take care of

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<v Speaker 1>the current property tax payers. The people have been here

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<v Speaker 1>for a long time. The people are the heart and

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<v Speaker 1>soul of the city. Although they've forgotten about that. Our

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<v Speaker 1>leaders say have.

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<v Speaker 3>And this would take care of them for you know,

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<v Speaker 3>fifteen twenty years, and then they can figure it out.

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<v Speaker 3>I'll be moved off the stage. The next group can

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<v Speaker 3>come along, but at least help the people who you know.

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<v Speaker 3>You mentioned the people getting increases. There are three hundred

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<v Speaker 3>and fifty thousand properties in Hamlin County, sixty thousand properties

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<v Speaker 3>a twenty five percent increase or more, and a lot

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<v Speaker 3>of those were in Avondale and Price Hill and Westwood.

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<v Speaker 2>Yeah, more side.

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<v Speaker 3>I mean, some of them were outrageous. And these people

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<v Speaker 3>are struggling. And I know the number of people who

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<v Speaker 3>failed to pay their property tax in June. I don't

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<v Speaker 3>want to say it's the highest, but it definitely went

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<v Speaker 3>up over the previous year because people just couldn't forward

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<v Speaker 3>to pay it.

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<v Speaker 2>I certainly understand that I've talked to some of them.

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<v Speaker 1>You mentioned slumlords earlier, you had to, you know, so yeah, well,

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<v Speaker 1>some slumlords are going to get the benefit of this.

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<v Speaker 1>But the positive potential impact of that is because slumlords

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<v Speaker 1>also are facing increases in property tax, sometimes substantial. That's

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<v Speaker 1>a pass through that goes along to the renter, so

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<v Speaker 1>the rents will increase. So by taking away the sting

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<v Speaker 1>of this tax increase, maybe the rents won't be increased.

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<v Speaker 3>Well, that's right, and you know, you hope people do

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<v Speaker 3>the right thing. That's the invisible hand of the free

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<v Speaker 3>market system. You know, if all of them get some

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<v Speaker 3>decrease there, then maybe they decrease the rents or they

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<v Speaker 3>take the money and improve the property. You know. And

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<v Speaker 3>because people can get up and move too, so it's

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<v Speaker 3>not like they're locked into that place. But it's one

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<v Speaker 3>one landlord said, hey, I'm going to lower my rates.

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<v Speaker 3>Maybe people go that way. So and but you know,

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<v Speaker 3>again there's a lot of small businesses, the local hardware store,

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<v Speaker 3>the local shoeshine guy. You know those places need help too,

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<v Speaker 3>because they have to push those prices onto us.

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<v Speaker 2>Yes, that's certainly true.

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<v Speaker 1>Well, this screams for a legislative solution from Columbus. This

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<v Speaker 1>property tax increased the way they calculated. I thought that

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<v Speaker 1>they were working on a fix on that in Columbus.

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<v Speaker 1>So what happened to that? And did you reach out

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<v Speaker 1>to our elected officials and Columbus to inquire about this?

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<v Speaker 3>Well, after sixteen years in Columbus, I know how slow

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<v Speaker 3>they move up there. And I'm not saying that they

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<v Speaker 3>won't do anything. But we wanted to jump on this

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<v Speaker 3>right away. And you know, again we were black, not

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<v Speaker 3>that we wanted it, but we're blessed with having this

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<v Speaker 3>big fund after the sell of the railroad because the

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<v Speaker 3>one thing I want to make clear, this will not

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<v Speaker 3>cut services. This is a fund that will make the

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<v Speaker 3>same payment. The city budget will get the same amount

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<v Speaker 3>of money because it'll come from this budget, from this

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<v Speaker 3>this fund we set up, so city will get their

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<v Speaker 3>twenty nine million or thirty two million this year and

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<v Speaker 3>there will be no cuts to police or fire or

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<v Speaker 3>social programs or all the stuff they do. And you know,

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<v Speaker 3>because that's what they generally do when you want to

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<v Speaker 3>cut taxes, they go, oh, we're going to have to

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<v Speaker 3>cut services. Nope, there'll be no cut unless they cause

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<v Speaker 3>a cut, but they'll get the same amount of money.

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<v Speaker 3>But yeah, waiting for Columbus, it just it just takes

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<v Speaker 3>a long time to get stuff there because we're a

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<v Speaker 3>very diverse state. And you know what, the people on Mason,

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<v Speaker 3>they don't care, and their rest doesn't care. And now

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<v Speaker 3>now they care when they got to keep a tennis

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<v Speaker 3>center and they want to the city is in the

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<v Speaker 3>state to pay hundreds of millions of dollars to keep that,

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<v Speaker 3>and we kind of come along because you know, that's

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<v Speaker 3>that's politics. We make the sausage. But you know, so

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<v Speaker 3>they may get around to doing something, but it just

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<v Speaker 3>takes time.

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<v Speaker 1>Now, what of the argument before we part company? Tom,

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<v Speaker 1>and I've been enjoying this conversation. It's enlightening. What are

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<v Speaker 1>the argument that, well, if you take six hundred million

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<v Speaker 1>from the one point six billion, that's going to be

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<v Speaker 1>less money generated because there's less principle in there, and

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<v Speaker 1>therefore we'll have less money to fix the projects that

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<v Speaker 1>we've neglected now for the past three decades.

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<v Speaker 3>Well, my understanding is the appetite or the ability of

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<v Speaker 3>the city to actually do projects is you know, fifteen

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<v Speaker 3>to twenty million a year. So it's a long way

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<v Speaker 3>to get rid of that one point six billion or

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<v Speaker 3>whatever it is. But I will say one thing might

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<v Speaker 3>contradict you a little or not contradict what they're saying.

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<v Speaker 3>I think they have designs on that money that they're

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<v Speaker 3>not telling us. I'm pretty sure they want to build

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<v Speaker 3>a big with that money. I'm pretty sure they want

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<v Speaker 3>to do streetcar expansion with that money. It's the how

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<v Speaker 3>do they market that and call, well, this is infrastructure.

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<v Speaker 3>We already have a streetcar, so we're just improving existing streetcar. Oh,

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<v Speaker 3>we need an arena. It's a Remember they expanded the

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<v Speaker 3>convention Center twenty years ago, declaring it was an act

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<v Speaker 3>of war. We were and we were in a state

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<v Speaker 3>of war with other cities who had convention centers, and

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<v Speaker 3>they they that's the excuse they use to raise our

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<v Speaker 3>earnings tax to pay for the convention center expansion. So

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<v Speaker 3>they'll use any argument or anything they have to to

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<v Speaker 3>do things like those big shiny objects like you talked about.

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<v Speaker 3>So I'm not so sure that they planned on doing

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<v Speaker 3>fixing that guy street who wants to pottobles fix with

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<v Speaker 3>that money. I think they have their designs on something big,

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<v Speaker 3>so I have teb can ride off into another office

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<v Speaker 3>or in the DC or something like that. So I'm

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<v Speaker 3>not I questioned their motives.

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<v Speaker 1>I do tootos we're not gonna get an argument from

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<v Speaker 1>you on that one. That's sort of a I got

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<v Speaker 1>my popcorn out waiting to see for I'm waiting for

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<v Speaker 1>the Shenanigans declaration along the lines of what you're talking about.

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<v Speaker 1>But at least in the meantime, we have what they promised,

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<v Speaker 1>and we can all make an argument that whatever they're

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<v Speaker 1>trying to do that's new is not existing infrastructure. And

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<v Speaker 1>those arguments will be made whether or not your proposal

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<v Speaker 1>goes through. So, since you got the language approve, you

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<v Speaker 1>need how many signatures and in what time in order

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<v Speaker 1>to secure it being on the ballot.

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<v Speaker 3>We need about I think eighty seven hundred signatures, so

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<v Speaker 3>we're going for about nine thousand. We need to get

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<v Speaker 3>them within the next few weeks. You know, the dates

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<v Speaker 3>kind of flexible. You know, there's a hard date, but

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<v Speaker 3>there's some others saying I've seen it go later earlier,

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<v Speaker 3>depending on reasons. But yeah, I'd like to get them

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<v Speaker 3>this month. And we do have a way where people

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<v Speaker 3>can get.

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<v Speaker 2>To the.

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<v Speaker 3>In touch with us. We have a Facebook page which

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<v Speaker 3>is Hamilton County Ohio Homeowners Hamilton County Ohio Homeowners. That's

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<v Speaker 3>our Facebook page and We also have an email EHCH

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<v Speaker 3>which stands for Hamilton County Homeowners eighth Unite at gmail

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<v Speaker 3>dot com. If you go to that either send us

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<v Speaker 3>an email, we can get your petition to circulate, we

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<v Speaker 3>can get your signature. We're going to have gatherings like

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<v Speaker 3>at Sinley Margaret or you know, restaurants or breweries where

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<v Speaker 3>people can come and sign and also get petitions to

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<v Speaker 3>get their folks out there. We've been using this time

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<v Speaker 3>to organize people. So when we get those petitions, which

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<v Speaker 3>is going to be early next week, we're going to

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<v Speaker 3>hit the ground running, yeah, and get your signatures.

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<v Speaker 1>Well, one thing it certainly does, it takes politics out

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<v Speaker 1>of it. Every single property owner in the entire city

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<v Speaker 1>gets a benefit from this without any you know, picking

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<v Speaker 1>and choosing the winners and losers, which typically comes from politics.

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<v Speaker 1>So I understand that. Tom Brickman, thanks thanks for explaining

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<v Speaker 1>this to my listeners and me. I truly appreciate it.

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<v Speaker 1>And I'll have my popcorn out on this. What is well? Tom?

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<v Speaker 3>All right, well you have a great weekend.

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<v Speaker 1>Thank you, Thanks brother, you too, say twenty one fifty

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