Payments in lieu of taxes : balancing municipal and nonprofit interests /

Bibliographic Details
Main Author:	Kenyon, Daphne A.
Corporate Author:	Lincoln Institute of Land Policy
Other Authors:	Langley, Adam H.
Format:	Book
Language:	English
Published:	Cambridge, MA : Lincoln Inst. of Land Policy, 2010.
Series:	Policy focus series (Lincoln Institute of Land Policy) ; Code PF028.
Subjects:	Tax exemption > United States. Nonprofit organizations > Taxation > United States. Municipal services > Finance. User charges > United States.

Table of Contents:

Executive summary. Ch. 1. The nonprofit sector and local government finances. Overview of the nonprofit sector
What are PILOTs?
Heightened interest in PILOTs. Ch. 2. The property tax exemption for nonprofits. Rationales for the tax exemption
State variations in legal requirements
Challenges to the property tax exemption
Tax savings for different types of nonprofits
Tax revenue forgone due to the property tax exemption. Ch. 3. Case studies of PILOT programs and initiatives. Boston, Massachusetts
The MacDowell Colony in Peterborough, New Hampshire
Providence, Rhode Island
Yale University in New Haven, Connecticut
State and federally funded PILOT programs
Potential for municipal PILOT programs. Ch. 4. Arguments for and against PILOTs. Arguments for PILOTS
Arguments against PILOTs. Ch. 5. Implementing and structuring a PILOT program. Municipal strategies to obtain PILOTs
Building support for a PILOT program
PILOT program features
Alternatives to PILOTS. Ch. 6 Findings and recommendations.