this week’s poll

Are Providence’s major nonprofit institutions making large enough payments in lieu of taxes to the city?

Posted 12/23/12

With the announcement last week of a new agreement with Providence College to make increased payments to the city in lieu of taxes, Mayor Angel Taveras has convinced all seven of the major nonprofit educational and health care institutions located in Providence to increase their Pilot payments.

The effort by the mayor is part of his strategy to help the city establish more stable fiscal footing. And while the amounts are substantial, they are still well short of what the city’s universities and medical institutions would be paying in taxes if they were not exempt.

Is this a good deal for Providence and the nonprofits, or should the tax-exempts starting paying as if they were taxable?

Calendar
PBN Hosted
Events

Please join PBN on September 10th for the 3rd Annual Fastest Growing & Innovative Companies program at Rosecliff Mansion in Newport. Seating is limited so be sure to register early.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement