Milton’s Pilot Program: Top Ten Taxpayers (Part 3)
Part three of a three-part series by Doug Scibeck.
Top Ten Taxpayers
For comparison to the PILOT participants in Part 1 of our series, listed below are the top ten tax paying institutions in Milton. Note that Milton Hospital should be listed as #7, but was removed as the information is presented in Part 1 of our PILOT series. Milton Hospital is one of the top ten taxpayers.
|TOP TEN TAXPAYERS||TYPE||Assessed Valuation||Total Tax|
|Milton Fuller Housing Corporation||Senior Housing||$39,017,280||$529,074|
|Housing Opportunity Milton Elderly (H.O.M.E. Inc.)||Senior Housing||$15,874,100||$215,253|
|Two Granite LLC||Office Building||$8,725,330||$191,172|
|Wollaston Golf Club||Recreation||$8,718,817||$187,542|
|Winter Valley Residences, Inc.||Senior Housing||$12,835,100||$174,044|
|50 Eliot Street, LLC||Apartments||$12,361,500||$167,622|
|Unquity House Corporation||Senior Housing||$8,507,800||$115,366|
The information for the tables was provided by the Town of Milton.
What is the PILOT program?
Milton recognizes that non-profit organizations contribute directly to the quality of life within the community and welcomes them to the town. In order to maintain the financial health of the community so as to continue to provide a range of quality services, the Town must preserve its existing tax base and expand revenue sources where reasonably possible. It is the Town policy to distribute the burden of cost in a fair method among all users of services: citizens, taxpayers and non-profit institutions. (View the full PILOT Program Charge, PDF)