Angela Hill: Should non-profits lose tax exempt status?
by Angela Hill,posted Dec 18 2013 11:52AM
Just like you or your family… the City of New Orleans can’t spend money it doesn’t have.
So we don’t get all our street lights fixed or our potholes filled. We don’t have the number of police officers we should have. And, we continue to have crumbling infrastructure.
AUDIO: Angela talks with Janet Howard of the Bureau of Governmental Research about property tax exemptions.
It’s about money… and not enough of it. But, the city could have much more if everyone who owned property paid something.
There is at least a billion dollars in property, if not more, that pays nothing. They are buildings owned by non-profits, who are exempt from paying property taxes. Churches, universities, hospitals pay nothing, but use the same streets, the same police, the same sewer system.
When fewer pay, those who do have to pay more, just to keep the basic level of services going.
We are a poor city. We need more tax dollars and we need not to add taxes to those who already pay the bulk. We need more entities on the property tax rolls.
The Bureau of Governmental Research did a study on non-profits and the impact of their tax-exempt status. Their insights are eye-opening and sometimes jaw-dropping. We’ll talk about it today at 1 o’clock. Join us, won’t you?
Today on Angela: should non-profits lose their tax-exempt status? If the city collected taxes on money earned and on property from universities, churches and other large institutions…maybe they could afford the 2 consent decrees, more police & infrastructure fixes? We’ll talk to Janet Howard, President & CEO of BGR (Bureau of ‘Governmental Research). PLUS: “On the Front Porch” - our focus today The French Quarter! Our guests: Meg Lousteau & Carol Allen with the Vieux Carre Property Owners/Residents Association and Coco Garret, President of French Quarter Citizens. AND: Do you know any shopaholics? It’s a powerful addiction and we have help for those afflicted. Joining us—Terri Smith & Mary Lou McCall with Action Against Addiction; and shopaholic Marcel Leone.