Cincinnati’s investment fund resulting from the sale of the city-owned railway has grown by nearly $100 million over the past 11 months. The 6.87% growth is ahead of the Board’s goal to grow the fund ...
Despite recent market volatility, Cincinnati’s infrastructure investment fund has grown about 3.5% so far this year. The initial $1.6 billion fund was invested over a year ago after voters approved ...
Voters approved the $1.6 billion sale of the city-owned railway to Norfolk Southern in 2023. Investment proceeds from the sale are intended to fund infrastructure projects like roads and bridges.