Monday, June 16, 2014

Brockton mayor seeks cash from larger nonprofits - South - The Boston Globe

Brockton mayor seeks cash from larger nonprofits - South - The Boston Globe: Sticking to a campaign promise not to raise taxes, Brockton Mayor Bill Carpenter released a $375 million budget last week that omits a 2.5 percent increase allowed under the tax limits of Proposition 2�.

Instead, the new mayor said he is on a quest for new revenue to fill in gaps, and in addition to selling about $700,000 worth of municipally owned properties in recent weeks, he has asked 21 of the city’s major nonprofit organizations to forge voluntary payment-in-lieu-of-taxes agreements with the city.

In negotiating such agreements, Brockton would join a number of other area communities, including Easton and Bridgewater, that receive similar annual payments.

No comments: