An Internal Revenue Service supervisor in Washington says she was personally involved in scrutinizing some of the earliest applications from tea party groups seeking tax-exempt status, including some requests that languished for more than a year without action.Full Story >
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You have been hearing about this fight for a while. Two big stadiums and what seems like one raw deal for taxpayers.
At issue, is an agreement between Hamilton County and both the Reds and the Bengals. The teams are being asked to contribute 10 million dollars to help fund their stadiums. The deal was made in December to help fix the stadium funds deficit.
In theory, the Bengals would pay over 7 million though, they never agreed. The Reds would pay just over 2 million between now and 2015, something to which the team did agree.
County Commissioner Todd Portune says it was a deal the County Administrator got in the way of.
"The Reds honorably agreed to move forward and do what they had agreed to do in December, only to read in the press that the County Administrator thought it wasn't good enough," says Portune.
That is true.
As it turns out, the Hamilton County Administrator Christian Sigman says the deal made with the Reds in December was not a good one. The Reds, agreed to pay 25 cents on every fan in attendance through 2015. County Commissioner Greg Hartman says that deal isn't good enough.
"We've decided that it is not in the county's best interest to cap at 25 cents," says Hartman.
That's not the whole story.
As part of the deal, in 2015, the Reds would cap that 25 cent surcharge at the first 1.75 million tickets sold in a year and that is the part the county doesn't like.
What if the Reds sell 2 million tickets or 2.2 or 2.5? That's a lot of quarters per seat that the county won't get. Hartman says the cap, is like the county betting against the Reds.
Here's what you need to know.
Under their written agreement with the county, the Reds are not obligated to do any of this.
Still, consider the numbers. The total attendance for the Reds last year was 2,060,550. 2010 was a good year.
If the reds had paid 25 cents on every ticket in 2010, that would have come out to $515,137.50 for the stadium deficit fund.
Now, if the county had the 2015 cap where the Reds only pay 25 cents on 1.75 million seats, Hamilton County would have only lost out on a whopping 77,000 dollars.
What that means, is that instead of taking the $515,000 that the Reds are not obligated to pay in the first place, the county will end the deal over less than $80,000.
Monday, June 17 2013 9:16 AM EDT2013-06-17 13:16:14 GMT
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Monday, June 17 2013 11:13 AM EDT2013-06-17 15:13:15 GMT
(CNN) - The deaths of five infants and dozens of injuries or falls have led federal regulators to stop the sales of a popular baby recliner. The Consumer Product Safety Commission said it got numerousFull Story >
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Sunday, June 16 2013 7:16 PM EDT2013-06-16 23:16:29 GMT
A deer went Krogering on Saturday evening in Newport, Kentucky. The horned buck walked right into the store with the aid of the automatic door. When it tried to run back out, the door had shut and theFull Story >
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Monday, June 17 2013 8:39 AM EDT2013-06-17 12:39:47 GMT
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Someone bought a watermelon for more than $3,000 at an auction in Japan.Full Story >
Monday, June 17 2013 12:03 PM EDT2013-06-17 16:03:57 GMT
Hamilton County Prosecutor Joe Deters has announced a plea by information in a vehicular homicide case from 2011. Paul Lallier, 64, is charged with one count of vehicular homicide and one county of obstructingFull Story >
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Tuesday, May 21 2013 12:55 PM EDT2013-05-21 16:55:59 GMT
Thirty parkgoers were stuck on The Beast for Tuesday afternoon. Kings Island says the ride was climbing the second hill when a safety mechanism kicked on and didn't release the car. Officials say theFull Story >
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Sunday, June 16 2013 4:06 PM EDT2013-06-16 20:06:19 GMT
A Williamstown, Ky. Man was flown to the hospital after a tire smashed through his windshield on northbound I-75 near Walton. Authorities say that 41-year-old Sandra Slater was driving her pickup truckFull Story >
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Monday, June 17 2013 9:57 AM EDT2013-06-17 13:57:30 GMT
(CNN) - According to a new CNN/ORC poll, just 45 percent of Americans believe the President is doing a good job. President Obama can't seem to get out from under his dark cloud- fueling the fall in hisFull Story >
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