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County waives payment‑in‑lieu‑of‑taxes for a nonprofit housing project
Summary
Supervisors approved a waiver of payment‑in‑lieu‑of‑taxes (PILOT) for a nonprofit housing project in the southern area of town after brief discussion; board approved the waiver by voice vote and asked staff to verify address and application details.
Winnebago County supervisors voted to waive a payment‑in‑lieu‑of‑taxes (PILOT) payment for a nonprofit housing project after discussing location, program size and revenue implications.
Board members said the request concerns a single development in the south part of town and asked staff to confirm the address and application status. A supervisor moved to approve the waiver and another seconded; the board approved the action by voice vote. Members noted the project appears to be small (transcript references 16 apartments and an $802 estimated PILOT amount in an example discussion) and asked staff to confirm the source of funds and whether the applicant had applied for renewal.
The discussion included a brief explanation that PILOT historically compensates governmental entities for lost tax revenue when property is held by tax‑exempt entities. Staff said they would follow up to provide more detail on the specific parcel, application paperwork and the exact amount recorded in county documents.
