Steve Goodin - City's $29M Budget Deficit
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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.
The city's $29.5M deficit is not a surprise but the result of years of poor fiscal planning and unchecked spending.
Prioritizing high-profile projects like Riverbend over police funding reveals a systemic imbalance favoring wealthy stakeholders over public safety.
Raising the income tax may not yield expected revenue due to remote work trends and residents/businesses relocating to more favorable jurisdictions.
Public trust is eroding as citizens see taxpayer dollars spent on symbolic 'green' projects with little real return.
The city’s reliance on federal relief funds has created a false sense of financial stability, now collapsing as those funds expire.
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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.”
“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?”
“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.”
“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.”
Host
Guest
Steve Gooden
person
Cincinnati City Council
organization
55KRC Morning Show
media
Apple Podcasts
organization
iHeartRadio
organization
Riverbend Music Venue
place
Cincinnati Symphony Orchestra
organization
Cincinnati Futures Commission Report
other
FOP President Ken Kober
person
Porter Wright
organization
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