Could a per-student tax alleviate a college town's budget woes? : vimarsana.com

Could a per-student tax alleviate a college town's budget woes?

The University of Delaware owns nearly 35 percent of the untaxed property in Newark but is exempt from paying property taxes. City officials want to tax the university $50 per student, per semester. The chaos of the post-pandemic economy has reached both the University of Delaware and the surrounding city of Newark. And it’s made the college town the latest stage for a long-standing debate about the financial contours of town-gown relationships.

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