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Committee debates PILOT program revenue and whether nonprofit agreements can fund tax relief
Summary
Committee members discussed existing Payment In Lieu Of Taxes (PILOT) agreements—13–14 active pilots currently routed to the general fund—asked how much revenue they generate and whether new pilots could be directed toward tax relief. Staff said existing pilots flow to general fund by law but new approaches are being considered.
Members pressed staff about Payment In Lieu Of Taxes (PILOT) agreements with nonprofit property owners. Kathy Bono (CAFO) and staff said there are about 13–14 active pilots that currently go into the general fund; one councilor estimated the average annual yield is…
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