PILOTs

Should Universities Help Pay for City Services?

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.

December 3, 2013 - The Boston Globe

Is It Time for Colleges to Start Paying Taxes?

In an opinion piece for The Wall Street Journal, James Piereson and Naomi Schaefer Riley argue that its time for educational institutions to pay their fare share of taxes to support the communities in which they reside.

August 21, 2013 - The Wall Street Journal

Increasingly Popular PILOTs No Panacea for City Budgets

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.

October 4, 2012 - At Lincoln House

PILOT Agreements Gain in Popularity, As Non-Profits are Asked to Pay the Piper

The financial crises faced by many municipalities has them searching for ever more creative means to bolster city budgets. As a result, non-profit institutions are increasingly being asked to complete payments in lieu of taxes (PILOT) agreements.

May 23, 2012 - Inside Higher Ed

The Tricky Business of "Taxing" Non-Profits

Payments in lieu of taxes (PILOTs) are a popular new way for cash-strapped cities to add to their revenue by swapping voluntary payments from nonprofits for property taxes. The Lincoln Institute of Land Policy evaluates this novel practice.

March 31, 2011 - Land Lines

Revenue-Hungry Cities Look to PILOTs

Budget-constrained cities are increasingly looking at PILOTs -- payments in lieu of taxes that some tax-exempt nonprofit organizations contribute to cities.

December 6, 2010 - Citiwire

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