Briefing – Payments in Lieu of Taxes (“PILOTs”) for Tax Exempt Properties

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  • 7/25/2019 Briefing Payments in Lieu of Taxes (PILOTs) for Tax Exempt Properties

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    City State Year Total % of General

    Revenue

    % of Property

    Taxes

    # of NFPs in

    PILOT

    Boston MA 2012 $19,402,506 0.58% 1.45% 33

    New Haven CT 2012 $9,108,766 1.16% 4.57% 2

    Providence RI 2012 $8,948,046 1.08% 2.88% 7

    Palo Alto CA 2009 $7,100,000 3.44% 25.43% 1

    Baltimore MD 2011 $5,400,000 0.16% 0.83% 15

    Watertown MA 2012 $5,260,089 4.85% 7.34% 1

    Cambridge MA 2012 $4,978,954 0.40% 1.81% 15

    Erie PA 2011 $2,804,842 0.48% 2.10% 13

    Pittsburgh PA 2011 $2,600,000 0.39% 1.84% 46

    Princeton NJ 2012 $2,492,922 4.09% 7.44% 6

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