Government Issues

Canceling Cincinnati streetcar costs less than completion, audit shows

Posted on December 18, 2013

Streetcar rendering via www.cincinnati-oh.gov
Streetcar rendering via www.cincinnati-oh.gov
CINCINNATI — WCPO reported that an independent audit shows it would cost the City of Cincinnati less to cancel the streetcar project than to complete it.

It would cost between $50.3 million and $80.1 million to cancel the project, while by comparison, it would cost between $104.6 million and $105.7 million to complete it, according to the audit.

The results likely will bolster the effort to cancel the project, which is advocated by Mayor John Cranley and some City Council members, according to the report. For the full story, click here.

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