Should Universities Help Pay for City Services?

Each side stresses how it benefits the other

The negotiation here is one that also plays out in many other communities across the country as they try to balance the economic impact of tax-exempt operations, such as universities, hospitals, and museums, against the need to fund critical services financed by property taxes. In today’s knowledge-based economy, few would contest that such institutions have become engines of growth. But as local officials try to balance budgets, many ask: Is that enough?

By Lonnie Shekhtman

Full Story: http://www.bostonglobe.com/business/2013/11/29/umass-lowell-growth-creates-benefits-strains/zRTdcTar6j1AYgoHBohj5O/story.html