Payments in Lieu of Taxes

The University of Massachusetts at Lowell has spent $600 million on construction projects over the past six years alone. But as the university grows, local leaders are asking for payments in lieu of taxes to offset the demand on municipal services.
Dec 3, 2013   The Boston Globe
A new report documents the rise of payments in lieu of taxes (PILOTs) made by non-profits to cities desperate for new revenue. Although they've gained notice by cash-strapped cities, the report indicates PILOTs typically generate little revenue.
Oct 4, 2012   At Lincoln House