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Council requests fuller list of tax-exempt properties as assessor considers pilot PILOT program; item tabled for 90 days
Summary
The Committee on Finance asked the assessor and treasurer for a fuller accounting of tax-exempt properties and directed staff to return with assessed values and estimated tax equivalents as the city explores pilot PILOT arrangements.
Councilors asked the assessor and treasurer for more detail about tax-exempt properties and discussed whether a pilot payment-in-lieu-of-taxes (PILOT) program might be appropriate for some nonprofits and vacant churches.
Council President Naomi Carney's motion requested that the Treasurer's Office provide a report listing all tax-exempt properties, their assessed values, active/vacant status, and years vacant where applicable. Assessor Sherry told councilors she ran the list and…
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