CINCINNATI —

Cincinnati is receiving tens of millions in investment returns from the sale of the Cincinnati Southern Railroad to Norfolk Southern, with funds earmarked for existing infrastructure improvement projects involving things like city streets and parks. The city's fleet services garage along Central Parkway is among the facilities set to benefit from the sale proceeds.

The rail sale, approved by voters in 2023, has resulted in a $56 million distribution for the city's 2026 fiscal year and $58 million for fiscal year 2027. The cash is being distributed to Cincinnati by the board members of a trust managing the sale. The original sales price of $1.6 billion has increased due to healthy investments. Advertisement

"It has actually grown to $1.8 billion," Mayor Aftab Pureval said.

See Full Page