Payments in Lieu of Taxes (PILOTs)

At a glance

  • What: Discussion of payments in lieu of taxes (PILOTs) from tax-exempt properties (golf courses, clubs, other properties).
  • Status: Board generally agreed to continue discussion at a later time.
  • Next: Further discussion on revenue collection from currently untaxed properties.

Discussion (October 14, 2026)

Robert Ranney, Assessor, reviewed the PILOTs presentation covering golf courses and clubs and other properties that do and do not pay taxes.

Brooke Mohr recused herself during the PILOTs discussion portion and returned at 8:26 PM.

Topics discussed:

  • Collecting payments from property owners that currently do not pay taxes
  • Breakdown of parcels that are taxed and untaxed
  • Remaining buildout potential on the Island
  • Subdivisions being required to provide funding for future sidewalks

The Board generally agreed to continue this discussion at a later time.

From the video (October 14, 2026)

2026-10-14 - Select Board: The only PILOT is the Housing Authority at about $7,500 a year. There are 2,442 tax-exempt parcels worth just under $5.9 billion, about 60 percent of the island by area. No vote.

Sources

Log

2026-10-14 - Select Board

Board discussed PILOT options from tax-exempt properties; agreed to continue discussion at later date.