Brown is one of the largest taxpayers in the city. From July 2012-June 2013, the University will pay more than $7.9 million to the city in voluntary and property tax payments and more than $2.1 million in water, sewer other fees.
| Voluntary Payments and Taxes (FY 12) | |
|---|---|
| Payment Type | Amount (rounded to nearest 000) |
| Voluntary Payment (2003 MOU) | $1,200,000* |
| Payment (2012 MOA)** | $3,900,000 |
| Voluntary Payment (on properties used for educational purposes purchased since 2003) | $1,274,000 |
| Total Payment | $6,374,000 |
| Taxes paid on taxable property (not used for educational purposes) | $1,128,000 |
| Taxes paid on leased property | $466,000 |
| Total Taxes Paid | $1,594,000 |
| Total Voluntary Payment and Taxes | $7,968,000 |
| Fees (FY 11) | |
|---|---|
| Payment Type | Amount (rounded to nearest 000) |
| Narragansett Bay Commission (sewer utility fees) | $1,257,000 |
| City of Providence Water Supply (water utility fees) | $785,000 |
| Other City and State fees | $73,000 |
| Total Fees | $2,115,000 |
*The voluntary payment under the MOU increases 1.5% each year.
**under the 2012 MOA Brown will provided the City $31.5 million over 11 years.
Total Brown payments to City under 2003 MOU since its inception: $11.5 M
Tax Exempt Facts
- Percent of all assessed property that is tax exempt: 38%
- Percent of assessed property value that is owned by private colleges and universities: 8.1%
PILOT Payment Facts
- Payments to Providence under state-funded PILOT program: $23.1 Million
- Portion of PILOT payments attributable to Brown University: 32% or $7.39 M
- Brown’s payments to Providence plus state PILOT for Brown’s presence: $11.89 M
Buildings used for educational purposes on which Brown makes tax payments
- 222 Richmond (Alpert Medical School)
- 43 Elm Street (Public Safety)
- 121 S. Main (Public Health, ICERM)
- 200 Dyer Street (Office of Continuing Education)
- 94 Waterman (Center for Computing and Visualization)
Properties returned to tax rolls since 2007
| 05/09/11 | 117 Brown Street |
| 04/30/10 | 277 Brook Street |
| 03/05/10 | 129 Brown Street |
| 09/09/09 | 86 Brown Street |
| 04/29/09 | 66-68 Benevolent |
| 10/10/08 | 86-110 S. Main |
| 11/16/07 | 1140 N. Main |
last updated 7/3/2012
