The Board of the Cincinnati Southern Railway Trust approved $58 million in payments next year to the city of Cincinnati at its quarterly meeting Tuesday.

The trust comes from the $1.6 billion sale of the railway by the city to Norfolk Southern in March 2024. Roughly 51.5% of city voters approved that sale the previous November, but on the stipulation that the city could only spend revenues from investment of the railway money on existing infrastructure.

Representatives from UBS Financial Services, the management firm hired by the Board to invest the railway sale revenue, said the fund is now worth more than $1.8 billion. UBS says the fund is up 11.15% year-to-date.

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"Since we began working together, the portfolio is up just shy of a quarter of a billion dolla

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