Nonprofits set to pay more Boston taxes - BostonHerald.com: "Boston is reportedly nearing a deal that could triple the money the city receives each year from colleges, hospitals and other nonprofits.
Boston City Councilor Steve Murphy told the Jamaica Plain Gazette that a new agreement could be finalized by early next year. When it is, he added, the city’s annual income could soar from $15 million a year to $45 million in the future.
Because of their nonprofit status, schools, hospitals, churches and civic groups are generally exempt from property taxes."
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