|Working for a City that delivers first class city services
Preserving U City Values
| THE U CITY BUDGET HAS 3 SEPARATE FUNDS
The General fund has $23.5 million of revenue and almost an identical amount in
The Park Sales Tax fund has about $1.2 million in revenue
The Capital Improvement Sales Tax fund has about $2.2 million in revenue
link to more budget information
PILOT PROGRAM IN UNIVERSITY CITY?
(Payment In Lieu Of Taxes)
The U-City Washington University Advisory Committee has assembled data on how much
revenue is lost to University City because of the university's tax exempt status.
They have also collected data on PILOT (payment in lieu of taxes) programs in other cities.
A more detailed report is forthcoming; however, some of the data is interesting.
1. While none of the Washington University campus is in University City, WUSTL
owns tax exempt property in University City valued at about $120 million.
2. If this property was taxed, it would produce the following estimated revenue:
U City Library tax $60,000
U City Schools $1.2 million
U City sewer tax $16,000
City of U City $160,000 - $180,000
Business district taxes $80,000
Total - about $1.5 million
3. PILOT programs in other cities generate 3% to 11% of the revenue that
would be received from fully taxable property.
4. Washington University currently pays about $125,000 per year in voluntary
payments or about 8.1% of the full tax amount.
| Links to fire related issues
If you know someone who needs medical care and does not have adequate health insurance,
Remote Area Medical will be providing free dental care, free eye exams with free glasses, and
free medical care nearby on Friday, Saturday and Sunday August 14, 15, & 16. LINK
I will be one of 100+ volunteers working with this remarkable organization.