GCF is often there, providing support behind-the-scenes.
Another important role for us is building the nonprofit capacity in our region. We do this in many ways – through grantmaking, impact investing, and support to nonprofits. Our nonprofits are top-notch in Greater Cincinnati, providing for the good of our community in countless ways.
I personally subscribe to the values of servant leadership, where the needs of others are put first.
The iconic Music Hall and Union Terminal are hubs of education, economic, and artistic activity that have helped our region thrive for 136 and 81 years, respectively. The museums and cultural organizations that call these buildings home have a significant direct and indirect economic impact in the region. The buildings are critical anchors for economic development and cultural enrichment in Queensgate and Over-The-Rhine, two important neighborhoods in our urban core. Like most great cities, our cultural facilities are located in densely populated areas, convenient for residents, and yet inviting for visitors from many places.
Cultural and economic development consultants have, for many years, concluded that our region “fights above its weight” in the cultural sector. We are unique among benchmark American communities as a destination to live, work, and visit. Many successful cities such as Denver, Charlotte, Indianapolis and Kansas City yearn to create the range of cultural assets we already have here, and they are willing to pay for them.
Brilliantly led by former P&G chairman Bob McDonald and teams of experts from engineering, architecture, public finance, and philanthropy, the Task Force’s review was thorough and represents a huge step toward changing the dynamic of how we do business as a region. The financing proposal is prudent, paving the way for a balanced public and private approach to saving our icons. We believe that the mix of investment sources, which includes a ¼ cent increase in the local sales tax, is reasonable and achievable at an annual cost of $23 per taxpayer, whether they live in or are visiting Hamilton County. You can read more about the Task Force’s report here (PDF).
This solid renovation and financing plan was presented to the Tax Levy Review Committee and Hamilton County Commissioners with a request to permit the residents of Cincinnati and Hamilton County to vote on the ¼ cent sales tax in November. With some suggested modifications, the TLRC recommended sending the sales tax levy to voters. Despite strong support from Commissioner Todd Portune, Commissioners Chris Monzel and Greg Hartmann declined to allow this plan to be placed on the November ballot. Instead, they passed a measure that eliminates Music Hall from the equation and does not fully address the needs of Union Terminal.
The Greater Cincinnati Foundation is committed to working with the Cultural Facilities Task Force toward the complete restoration and repair of Music Hall and Union Terminal.