Education activists in Philadelphia are at it again.
The Our City, Our Schools Coalition and other groups are calling on the University of Pennsylvania to help support the city’s cash-strapped public schools though a “payment in lieu of taxes” — or PILOT — agreement.
The state doesn’t require nonprofits — even large, well-endowed universities like Penn — to pay property taxes. The break hits public schools hard since they rely on property tax revenue. Enter the PILOT: a way for nonprofits to voluntarily send money to their local government. Over the last two decades, more than 117 municipalities in at least 18 states have brokered these agreements with universities, hospitals and other institutions, according to the Lincoln Institute of Land