Somerville, Medford MA residents organize for statewide PILOT bill
Wicked Local Somerville and Medford advocates are organizing with legislators and residents across the state to ensure that large nonprofits pay their fair share in taxes. Locals may be familiar with the term PILOT, which stands for payment in lieu of taxes, as Somerville and Medford have negotiated for a PILOT with Tufts University, which some residents don’t believe goes far enough. Right now, Tufts pays $450,000 each to the cities of Somerville and Medford as well as other cash and non-c...
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Source: wickedlocal.com