CPS faces $58.6M budget shortfall; board votes to put income tax levy on November ballot

Cincinnati Public Schools is facing a $58.6 million budget gap, prompting town halls this week. The school board voted 5-2 to place a 0.75% earned income tax levy on the November ballot – the first income tax in CPS history, expected to raise $74M/year. This is a major local education story with direct impact on Hamilton County families.