As recession-racked cities struggle to balance their budgets with everything short of feeling behind sofa cushions for loose change, a growing number are seeking more money—just don’t use the word taxes—from nonprofit institutions that occupy valuable land but by law do not pay property taxes... There is no question that nonprofit universities and hospitals—eds and meds, as they are known to planners—have played a central role in helping cities weather the Great Recession and its aftermath. They provide high-paying jobs, draw visitors and keep downtowns vibrant. But for cities that rely heavily on property taxes, those benefits have a cost. As nonprofits grow in size and importance in many cities, manufacturing has disappeared and development has moved to the suburbs, leaving much of the best land in some cities off the tax rolls.
Why just eds and meds? Why not go after churches too?