Quote:
Originally Posted by Fuzz
Cross over from the gear grinder thread(Church taxes), but I was just looking at this church I bike past...
https://goo.gl/maps/HyCgxCdiyAJ2
And it is exempt form property tax. Now, it's tough to tell from the city implication, but I think all the grass, the parking etc are all church land, it says they are all except. That's over $6 million in assessed value, which is around $30 000 in taxes. Develop that and your probably at $12 million or more. The city gives that up every year. Multiply that by all the church land in the city and it starts to hit real numbers. Maybe they should pay taxes like the rest of us...
Correct me if I'm wrong here... |
I don't disagree, but other NFP other than churches can apply for the same property tax exemption.
Honestly, I never understood why any NFP gets property tax exemptions. They use all the same stuff as the rest as residential and commercial. IMO, make all NFP pay property tax and if you want to give NFP money, they should apply for a grant.