PILOT Committee

The Pilot Committee shall develop a payment in lieu of taxes policy with the goal of encouraging tax-exempt institutions to make voluntary payments to help offset the costs of providing Town services to those institutions. While monetary payments in lieu of taxes are preferable, the Board recognizes that, in some cases, in-kind contributions and/or community partnerships may be acceptable. The Pilot Committee shall develop a methodology for valuing any such proposed in-kind contribution or community partnership.