Submitted by gwen on February 2, 2016 - 11:12pm
Here in Philly, mega-nonprofits like U. Penn and Jefferson make billions a year, use city services, take up tremendous amounts of valuable land--yet they pay almost nothing in the property taxes that fund our our schools and city services like firefighting and street repair.
By reinstating a PILOT (payments in lieu of taxes) program like the one then-Mayor Rendell ran in the 1990's, Mayor Kenney could raise $38 million for public schools and services.
Our schools are in dire straits, and need this funding more than ever.
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Students march through U. Penn's campus to advance PILOTs (payments in lieu of property taxes). PILOTs could generate tens of millions for local public schools.