Steve Goodin - City's $29M Budget Deficit

Brian Thomas17mMarch 31, 2026

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AI-Generated Summary

In this episode of the 55KRC Morning Show, host Brian Thomas interviews Steve Gooden, former Cincinnati city councilman and attorney at Porter Wright, about the city's looming $29.5 million budget deficit. Gooden delivers a scathing critique of the city's fiscal mismanagement, highlighting the irony of approving an $8 million allocation for the Riverbend music venue while simultaneously planning to cut $6.6 million from the police department. He argues that these decisions reflect a pattern of 'soft corruption,' where city leaders prioritize appeasing wealthy donors and nonprofit boards over essential public services. Gooden traces the deficit back to years of chronic overspending, including wasteful projects like solar farms, subsidized streetcars, and politically motivated initiatives, while also criticizing the city's reliance on federal COVID relief funds that have now expired. He warns that raising the income tax—though being proposed—may not generate expected revenue due to the rise of remote work and residents/businesses fleeing the city. The conversation underscores a broader crisis of accountability, with Gooden emphasizing that elected officials are avoiding responsibility by blaming Republicans and external forces, despite decades of Democratic control. The episode ends with a call for fiscal responsibility, transparency, and a reevaluation of what truly matters to Cincinnati residents: public safety, infrastructure, and effective governance.

Key Takeaways
1

The city's $29.5M deficit is not a surprise but the result of years of poor fiscal planning and unchecked spending.

2

Prioritizing high-profile projects like Riverbend over police funding reveals a systemic imbalance favoring wealthy stakeholders over public safety.

3

Raising the income tax may not yield expected revenue due to remote work trends and residents/businesses relocating to more favorable jurisdictions.

4

Public trust is eroding as citizens see taxpayer dollars spent on symbolic 'green' projects with little real return.

5

The city’s reliance on federal relief funds has created a false sense of financial stability, now collapsing as those funds expire.

Chapters
0:00
4 min

Sponsor: Superhuman Podcast

Promotion for the podcast 'Superhuman' on iHeartRadio and Apple Podcasts, describing an alternate Olympics where doping is encouraged.

3:30
4 min

Sponsor: Reality With The King

Promotion for the reality TV recap podcast 'Reality With The King' on iHeartRadio and Apple Podcasts, covering drama from 'The Real Housewives of Atlanta'.

7:00
4 min

Sponsor: Saigon – The Story of My Family

Promotion for the iHeart Podcast 'Saigon', a personal and historical narrative about Vietnam and its impact on the host’s family.

10:30
4 min

Sponsor: Help from a Hypocrite

Promotion for the comedy podcast 'Help from a Hypocrite' on iHeartRadio and Apple Podcasts, featuring absurd and legally dubious advice.

14:00
4 min

The $29.5M Budget Deficit: A Crisis of Priorities

It's not like they went on a spending spree and then learned their credit card was maxed out because they hadn't been checking their credit card app. They knew what was coming.

Highlight
High-Impact Quotes
If you defund the police, crime runs amok. People tend to leave. And also, if you put an open and welcome to do business sign on the city of Cincinnati, what business in its right mind is going to choose within the city limits?
Steve Gooden16:48
Viral: 90.0
It's not like they went on a spending spree and then learned their credit card was maxed out because they hadn't been checking their credit card app. They knew what was coming.
Steve Gooden5:07
Viral: 85.0
They're trying to impress them with taxpayer dollars. It's not direct corruption, but it's a kind of soft corruption where they're trying to impress the rich people who sit on these nonprofit boards.
Steve Gooden10:00
Viral: 80.0
Speakers

Host

Brian Thomas

Guest

Steve Gooden
Topics Discussed
City Budget Deficit95%Public Safety Funding Cuts90%Fiscal Mismanagement85%Political Corruption and Influence80%Urban Flight and Business Relocation75%Remote Work and Tax Revenue75%Income Tax Increase Debate70%Green Energy Projects60%
People & Brands

Steve Gooden

person

15xPositive

Cincinnati City Council

organization

12xNegative

55KRC Morning Show

media

10xNeutral

Apple Podcasts

organization

8xNeutral

iHeartRadio

organization

8xNeutral

Riverbend Music Venue

place

6xNegative

Cincinnati Symphony Orchestra

organization

3xNeutral

Cincinnati Futures Commission Report

other

2xNeutral

FOP President Ken Kober

person

2xNeutral

Porter Wright

organization

2xNeutral

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