PILOT

Harvard donates $50K toward new ladder truck

January 12, 2010 11:46:05 AM

Harvard University has pledged $50K over three years toward the purchase of a new aerial ladder truck – a purchase that was approved at special town meeting this past September.

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Fay donates $100K toward new public safety building

September 9, 2009 01:56:38 PM

Earlier this summer Fay School committed $100K over 10 years toward the purchase of a new ladder truck for the town. In a letter to the Municipal Facilities Committee last week, Fay pledged another $100K over 10 years toward a new public safety facility. “Fay School values the safety of all members of the Southborough […]

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Report: Ten percent of Southborough property is tax-exempt

August 24, 2009 03:19:19 PM

The Metrowest Daily News did an article on PILOT contributions in Metrowest towns, Southborough included. The article presents some interesting figures I haven’t seen elsewhere: Southborough has $2.2 billion worth of taxed properties and $243 million worth of tax-exempt properties. If I did my math right — all those zeros make me dizzy — that means […]

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Advisory Committee proposes linking PILOT agreements to new construction

August 18, 2009 10:17:16 AM

Over the past several months, selectmen have met with nonprofits in an attempt to boost their contributions to the town. While some of the discussions have borne fruit — mostly in donations to the ladder truck fund — selectmen still consider the relationship between the town and its nonprofits inequitable. Last week selectmen formed a committee […]

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Committee formed to research PILOT donations

August 13, 2009 12:28:44 PM

The Boston Globe today has an article on PILOT (payment in lieu of taxes) donations by nonprofits, and it focuses largely on Southborough. Of note, here’s a quote from a Fay School spokeswoman that I’m sure you’ll appreciate: The Fay School feels an obligation to be a good citizen of Southborough. To meet that obligation, […]

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Fay makes contribution to ladder truck fund, but does away with annual PILOT

July 30, 2009 12:12:45 PM

At their meeting on Tuesday night, Selectman Bill Boland announced that Fay School has decided to match St. Mark’s $100,000 donation toward the purchase of a new ladder truck for the town. Great news, right? Yes. And no. Fay will donate $10,000 over the next ten years, all earmarked for the ladder truck. The problem […]

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Volunteers sought for PILOT committee

June 30, 2009 09:29:06 AM

You pay property taxes (pressumably). I pay property taxes. But some of the biggest landowners in town don’t. St. Mark’s, Fay School, The New England Center for Children, and Harvard are all tax-exempt non-profit organizations, which means they’re not required to pay property taxes on land they own. But while they don’t pay taxes, they […]

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NECC donates $120K to ladder truck fund

March 24, 2009 06:59:08 AM

Town Administrator Jean Kitchen told me last night that the New England Center for Children donated $120K toward the purchase of a new ladder truck. The donation will be paid out over ten years. Add the NECC donation to the $100K contributed by St. Mark’s and the $100K (ish) raised at the Fire Ball, and […]

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