May 23, 2012
PILOTs vs. Property Tax Reform
An interesting article/editorial in the New London, Connecticut newspaper, The Day, analyzing whether the region should consider comprehensive property tax reform and restructuring of local municipalities and services (i.e., going to a more regional structure on schools, fire and emergency services, etc.) rather than seeking payments in lieu of taxes (PILOTs). It is an interesting discussion that is likely applicable to other local governments and taxing jurisdictions across the country.
Hat tip: Nonprofit Quarterly
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This is such a great idea and makes so much sense. Too much political resistance to bringing it about for now, but I would venture that it will happen in coming years.
Posted by: Karla | May 24, 2012 3:35:34 AM