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December 30, 2010 The City of Boston, Massachusetts has decided to standardize its voluntary "payment in lieu of taxes" (PILOT) program to allow non-profit organizations to receive a discount based on the community benefit that they provide to the city. The PILOT program is a quasi property tax paid by large non-profit organizations to account for their use of the cityÂ’s public services. This report, from the Mayor's task force, outlines recommendations for how the "property taxes" should be calculated and how the community benefit discount should be applied. Download the Report . . .

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Market Intelligence Resource | December 30, 2010

Mayor of Boston’s PILOT Task Force Final Report & Recommendations

December 30, 2010 The City of Boston, Massachusetts has decided to standardize its voluntary "payment in lieu of taxes" (PILOT) program to allow non-profit organizations to receive a discount based on the community benefit that they provide to the city. The PILOT program is a quasi property tax paid by large non-profit organizations to account for their use of the cityÂ’s public services. This report, from the Mayor's task force, outlines recommendations for how the "property taxes" should be calculated and how the community benefit discount should be applied. Download the Report . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
Log In
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

Become A Paid Member
If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.