
Readers define PILOT for ALL non-profit institutions from the educational, medical, and cultural
The PILOT should be for ALL non-profit institutions from the educational, medical, and cultural sectors that own property valued in excess of $15 million. Each institution should be eligible for a “community benefits” deduction generally limited to 50% of the total PILOT contribution, i..e 50% should be a cash payment to the Village and 50% can be defined as benefits that derive to Village residents. You need the Village Manager to initiate this, whereby tax-exempt, land-owning institutions make a voluntary payment-in-lieu-of taxes (“PILOT”) to the Village to help cover the cost of providing the institutions with essential Village services (i.e. police, fire, snow removal). The Village needs to set a standard level of contributions – in programs and payments – to be met by all major tax-exempt land owners in Ridgewood, based on an open and transparent methodology for valuing community partnerships made by tax-exempt institutions. We also need to propose a structure for a consolidation program and payment negotiation system, which will allow the Village and its tax-exempt institutions to structure longer term, sustainable partnerships focused on improving services for Ridgewood’s residents. You also have to clarify the costs associated with providing Village services to tax-exempt institutions, and if necessary, provide recommendations on legislative changes needed at the Village, County or state level. None of this should be difficult.

