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LETTER TO THE EDITOR | Cornell Should Pay its Fair Share

To the editor: Cornell University has the immense privilege of being exempt from property taxes. It enjoys this privilege due to New York State law’s treatment of nonprofit organizations, the underlying purpose of which is to help sustain institutions that will serve the public interest. The tax exemption is a public subsidy to Cornell to … [Read more…]

BATEMAN |  Cornell Still Does Not Pay its Fair Share to the City of Ithaca

Wealthy universities across the country benefit from tax exempt status while they sit on endowments in the billions that grow every year and collect millions in tuition dollars annually. Their tax exempt status can have a significant impact on the budgets of the cities and towns that host them. PiLOTS (payments in lieu of taxes) … [Read more…]