Word: exemption
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...DEQE was only one in a series of hurdles the project had to clear. MATEP’s planners insisted that the plant be exempt from the Environmental Protection Agency (EPA) pollution regulations because of Harvard’s non-profit status. In December 1980, Bok wrote to then-Massachusetts Gov. Edward J. King seeking exemption from the act, which was granted on a probationary basis...
...Watertown negotiations were essential because the city stood to lose millions of dollars in tax revenue due to Harvard’s exempt status. The tax revenue generated by the parcel Harvard purchased accounted for almost five percent of Watertown’s entire budget—money the city had been counting on for library and school renovations among other projects. Shortly after Harvard bought the complex, Watertown children and their parents protested Harvard’s heartless action. In response to the negotiation’s outcome, those same parents cheered the University’s presence...
Times are tough for cities, and voluntary payments by tax-exempt are creative solutions to surging deficits. Such organizations—and Harvard specifically—need to step up to the plate and help municipal governments in their time of need...
Boston Mayor Thomas M. Menino is entirely right when he calls for higher PILOT payments in these tough economic times. Similarly, city leaders in Washington D.C.—where Harvard owns the vast, tax-exempt Dumbarton Oaks in extremely affluent Georgetown—are considering the University as a potential source of revenue...
Harvard has every right to purchase tracts of land as it continues to grow—and, as a non-profit educational institution, it should remain exempt from taxes. But it must create payment schemes that adequately reimburse cities for that loss of tax revenue...