Payment in Lieu of Taxes “PILOT”
& Contributions

PILOTs that are being anticipated in 2024 Budget (Sheet 10)

  • ◦Edge - $500,000
  • ◦Cobalt- $210,000
  • ◦6 N. Doughty - $31,000
  • ◦SOMA- $100,000
  • ◦Commons- $50,000
  • ◦Davenport- $45,000
  • ◦Parcview- $525,000
  • ◦Station House- $200,000
  • ◦Avalon Bay $900,000
  • ◦Pulte Homes $1,000,000

Other contributions

  • ◦RWJ- Bed Tax - $345,000
  • ◦Social Services Bldg. $148,000
  • ◦One Mountain Ave.- $75,000
  • ◦Rent – Solar Farm – $9,000
  • ◦RWJ-Airspace (Steeple Chase)- $225,000