• Ongoing coronavirus / COVID-19 discussion: how is the pandemic affecting your community, workplace, and wellness? 🦠

    Working from home? So are we. Come join us! Cyburbia is a friendly big tent, where we share our experiences and thoughts about urban planning practice, planning adjacent topics, and whatever else comes to mind. No ads, no spam, no social distancing.

Tax Exempt Status of Universities

S

Seabishop

Cyburbian
Messages
3,838
Points
25
What do you think about the trend of cities rolling back the tax exempt status of universities? Is it an immoral shakedown, or a way to get universities to contribute their "fair share" toward a city's needs?

Local example
 
Repo Man

Repo Man

Cyburbian
Messages
2,549
Points
25
I didn't feel like registering so I didn't read the article, but I think that Universities should remain tax exempt, but they should be required to have a Payment In Lieu of Taxes to cover their fair share of infrastructure upgrades and maintenence.
 
biscuit

biscuit

Cyburbian
Messages
3,904
Points
25
jtfortin said:
Universities should remain tax exempt, but they should be required to have a Payment In Lieu of Taxes to cover their fair share of infrastructure upgrades and maintenence.
Click to expand...

I agree totally. One reason we are having budget problems here in my city is due to the massive amount of (very valuable) property owned by the critical mass of universities and non-profits. Most all infrastructue is supplied by the city with no (fiscal) return.
 
Top