PILOT

Lifespan PILOT talks with Providence continue

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PROVIDENCE CITY LEADERS are frustrated with how long it’s taking to reach a payment-in-lieu-of-taxes agreement with Lifespan Corp., but the health system says it’s open to reaching an agreement. / COURTESY LIFESPAN CORP. PROVIDENCE – City leaders are frustrated with how long it’s taking to reach a payment-in-lieu-of-taxes, or PILOT, agreement with Lifespan Corp., but … Read more

‘Shameful’: Providence leaders frustrated with Lifespan over PILOT negotiations

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PROVIDENCE, R.I. (WPRI) — Providence leaders continue to express frustration with the pace of ongoing financial negotiations with the state’s largest hospital group, Lifespan. Nonprofit organizations are exempt from paying property taxes, but some of the city’s largest non-taxpaying property owners nonetheless have historically agreed to make payments-in-lieu-of-taxes to offset the loss tax revenue and … Read more