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The Future
We Continue to Plan and Build for Future Generations
As the Port of Greater Cincinnati Development Authority emerges from its inaugural business activities in 2001-2002, we look forward to the future. The fruits of our start-up period will position the Port Authority to be a valuable tool for the development community.
A key component of the future is to secure future year Port Authority operational funding. While traditional governmental entities rely on tax revenues to support operating expenses, the Port Authority does not levy taxes. The City and County initially provided start-up operational funding so that we could assist in projects and generate project-based revenues to support operations. The Port Authority is envisioned to be a self-sustaining entity.
Our recent successes in brownfield projects will position our organization for the future by providing fee revenue streams to support operations in years to come. These projects also illustrate the growing frequency with which municipalities, townships and the local development community tap into our tool kit for help with development projects.
With this strong foundation, the Port of Greater Cincinnati Development Authority is well positioned to play a key role in the planning and building of a healthy, vital Greater Cincinnati Region for future generations.
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