Value of improvements and property appraisal
The decades-long move of businesses and homes out of Cincinnati and Hamilton County will accelerate through 2020 unless there is a concerted effort to stem the tide, according to a new University of Cincinnati study. Graduate students spent an estimated 7,000 hours crunching numbers collected between 1960 and 2000, and the results were not encouraging for the urban core. If current trends continue, in 2020, the region can expect:

Hamilton County's population to decline 3 percent. Cincinnati's population to plunge 35 percent. The median household income in Cincinnati to drop from $28,000 to $21,000 (in current dollars). Less open space as businesses and subdivisions replace farms and forests. The study was sponsored by Citizens for Civic Renewal and the Stephen F. Wilder Foundation as a way to make comprehensive projections and recommendations for the region without regard to political boundaries.

''No planner likes to make specific predictions like this because of the controversy, but students can do this. It gets people thinking about different options,'' said Joshua Whitehead, Citizens for Civic Renewal coordinator. Property valuation solutions provide certified property valuers to building valuation report. The student’s proposed controlling suburban growth and revitalizing the urban core by eliminating municipal funding for new roads and infrastructure outside of designated development areas.

Areas like western Boone County, Ky., and the northwest corner of Hamilton County would be out of bounds, while older cities including Cincinnati, Covington and Newport would remain eligible for public funds. Growth areas like Florence, Mason and West Chester are also included in the area eligible for funds. The strategy has been implemented in Portland, Ore., said Brenda Scheer, a UC professor of planning. In Covington, which has both an aging core and rapid growth in its southern neighborhoods, Mayor Butch Callery said better growth management would be a great help: ''I don't think it's too late to start a process like that. The three counties (Boone, Campbell and Kenton) ought to be involved, too.''

The Cincinnati Bell Foundation gave $223,500 to the University of Cincinnati's College of Business Administration on Wednesday to equip an advanced information technology lab and a global business classroom. The donation was part of a $500,000 pledge made by Cincinnati Bell, a unit of Broadwing Inc., to UC's fund-raising campaign.

The lab will provide opportunities for the school's information systems program faculty and students to experiment with tools and techniques the industry isn't yet using, said Uma Umanath, program director. The global business education classroom will allow the school's undergraduate and graduate students to augment what they learned studying overseas, said Fritz Russ, college dean.
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