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

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 Read the full article → from Fay makes contribution to ladder truck fund, but does away with annual PILOT

Volunteers sought for PILOT committee

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 Read the full article → from Volunteers sought for PILOT committee

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