What's Coming Up
My Opinion - A Discussion about Property Taxes in Philadelphia
It is time for an honest discussion about property taxes and school funding in Philadelphia.Did you know that, as non-profits, the hospitals and universities in Philadelphia do not pay property taxes? Did you know that Philadelphia has the highest percentage of tax exempt properties of any major city in the country (according to a study done by the Urban Institute). Did you know that, according to its 2012 annual report, the University of Pennsylvania has more than $8 billion dollars in investments and then almost another $7 billion dollars in endowments? Together with the other universities and hospitals in Philadelphia, the public schools (both District and Charter) are missing out on millions, possibly hundreds of millions of dollars ...
Posted May 2, 2013, 7:00 PM by Jay Cohen
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Posted Nov 27, 2012, 12:41 PM by LISAMARIE VARGAS
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