Recently Asked Questions
To search the RAQ database, use the search box at the top of the page. Recordings of Ask the Lawyer webinars and more information can be be found on the Resources Page.
Displaying 1 - 1 of 1
Displaying 1 - 1 of 1
| Question | Submission Date |
|---|---|
|
PILOT agreements on library tax levies
I am looking for general information on the possible impact of Payment in Lieu of Taxes (PILOT) agreements on library tax levies. I believe that in some instances public libraries are parties to PILOT agreements. In other cases, library levies are stated or implied exceptions to PILOT agreements; and the company with the PILOT agreement pays the library levy like any other taxpayer; as a separate payment based on the property’s assessed value. Are there differences based on the type of public library? Or differences based on the taxing entity: special district, town or school district? Are there provisions in the legislation authorizing PILOT agreements or in Real Property Tax Law that impact library taxes and PILOT agreements?
|