THE DEBATE over the city budget year continues, since an adequate fund balance is still an issue.
Here's something that should be added to the debate: What tax-exempt nonprofit institutions should be contributing to the city? They're exempt from taxes, including property taxes. Considering the billions in property owned by nonprofits - including the city's big universities and hospitals - this lost revenue is especially troubling as the city scrambles to impose new taxes on everyone else. Until a state law was passed in 1995, some nonprofits made payments in lieu of taxes (PILOTS). Few make those now.
A panel of local college presidents affiliated with the Chamber of Commerce is poised to argue all that they do contribute; they're writing a report outlining the services and economic benefits their institutions provide to the city-the jobs they provide, the dollars their students spend and their community investments -in hopes of keeping the city from reaching into their pockets for more. To be sure, those contributions are considerable.
And yet, we hope that exercise has little impact on the city's strategy for getting PILOTS from nonprofits.