Tuesday, July 06, 2010

Municipalities press nonprofits for revenue - Sunday, Jul. 4, 2010

Municipalities press nonprofits for revenue - Sunday, Jul. 4, 2010: "More cities and towns are leaning on tax-exempt organizations -- from small arts groups to large hospitals -- to help balance cash-strapped municipal budgets.

Manchester Mayor Ted Gatsas said 'discussions have started' on the issue, and he plans to study whether all the organizations classified as nonprofit -- and thus generally free from paying local property taxes -- truly meet the definition."

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