City of Philadelphia and its Higher Eds: Shared Goals, Shared Missions, Shared Result
Posted by on November 11, 2013
Study shows Philadelphia colleges and universities contribute more than $850 million annually to the city
Citing the advantages of an effective existing partnership with City government that benefits higher education and the citizens of Philadelphia, a group of 12 major colleges and universities today released an economic report showing that the “Higher Eds” contribute more than $850 million a year in local taxes and in-kind contributions to the City.
The report lauds this “strong working partnership” between the City and its higher education sector as one “that allows non-profits to flourish in achieving their missions while providing important benefits for Philadelphia’s citizens.” It draws a stark contrast between this “Philadelphia Model” and those cities where “controversy, confrontation, and litigation follow in the wake of municipal demands for increasing financial support from the non-profit sector (known as payments in lieu of taxes, or PILOTs).”
To access the report online, please go to: http://pgrophilly.org/2013/10/17/pgro-report/.
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