Cincinnati to receive $72.1 million from railway trust for infrastructure in FY2028

The board of trustees of the Cincinnati Southern Railway Trust (CSRT) recently approved a $72.1 million distribution for the city in fiscal year 2028. This will support existing city-owned infrastructure, with an additional $10 million recommendation, designated as a one-time boost. The board approved the distribution during its quarterly meeting Tuesday, Sept. 15 for fiscal…

ByNina OliverioSeptember 16, 20260Comments

Emergency rescue workers navigate floodwaters on Madison Avenue during the Oakley flooding Cincinnati storm as stranded vehicles sit beneath the Interstate 71 overpass.

News Opinion

Why Is Oakley Underwater When Cincinnati Has $1.8 Billion for Infrastructure?

Friday night's Oakley flooding hit hard enough that the neighborhood, along with Hyde Park, disappeared underwater. Forty water rescues. I-71 underwater in both directions. A Metro bus with water past the seats. Oakley flooding was also reported during these storms. Madisonville and Pleasant Ridge took on water too. Flash floodwaters killed one person in Fairfax,…

ByAdam KoehlerJuly 18, 20260Comments

Aerial view of a long freight train traveling along curved tracks through a lush green rural landscape, representing the Cincinnati Southern Railway.

News

Market recovery lifts Cincinnati railway trust after March drop

The investment fund created from the sale of the Cincinnati Southern Railway has recovered after suffering a major decline earlier this spring. According to reporting by WVXU, the fund lost approximately $81 million in March shortly after the Iran war began and global markets reacted to geopolitical uncertainty. Trustees said the fund has since rebounded…

ByNina OliverioMay 20, 20260Comments

Freight rail yard in Cincinnati with Norfolk Southern trains and multiple tracks at sunset

Community

The Cincinnati Rail Deal Has a Structural Problem — and It’s Already Showing

Cincinnati began seriously pursuing the sale of the Cincinnati Southern Railway in late 2022. The deal closed on March 15, 2024, for $1.6 billion. Today, more than two years later, the trust fund created from that sale, known as the Cincinnati rail fund, is approaching $2 billion. On the surface, that looks like a success.…

ByAdam KoehlerMarch 23, 20260Comments

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Cincinnati to receive $72.1 million from railway trust for infrastructure in FY2028

Why Is Oakley Underwater When Cincinnati Has $1.8 Billion for Infrastructure?

Market recovery lifts Cincinnati railway trust after March drop

The Cincinnati Rail Deal Has a Structural Problem — and It’s Already Showing

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The Harsh New Reality of Cincinnati Creative Jobs

Comic-Con Bars AI-Generated Art After Artist Backlash

Cincinnati to receive $72.1 million from railway trust for infrastructure in FY2028

Why Is Oakley Underwater When Cincinnati Has $1.8 Billion for Infrastructure?

Market recovery lifts Cincinnati railway trust after March drop

The Cincinnati Rail Deal Has a Structural Problem — and It’s Already Showing

Newsletter

The Harsh New Reality of Cincinnati Creative Jobs

Comic-Con Bars AI-Generated Art After Artist Backlash

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