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Old 05-22-2012, 01:29 PM
 
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Pittsburgh anticipating $3 million from nonprofits - Pittsburgh Post-Gazette

Quote:
Pittsburgh anticipating $3 million from nonprofits

May 22, 2012 1:43 am

...

Unlike businesses, nonprofits generally are exempt from real estate taxes.

In 2005, a consortium of nonprofits formed the public service fund. City Controller Michael Lamb said the nonprofits jointly should be contributing at least $5 million to $6 million annually.

...
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Old 05-22-2012, 01:54 PM
 
Location: Lawrenceville, Pittsburgh
2,109 posts, read 2,159,200 times
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I'm curious as to what the $5-$6 million is based on. It surely can't be tax revenues that are lost based on properties that are owned by non-profits, as that number would likely be much higher, no? Either way, interesting article, especially the part about using the supreme court decision that may be used as leverage to extract additional dollars from non-profits. Hope this is mostly the big non-profits contributing and not the small ones that operate on tighter budgets.
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