ERIE, Pa. (AP) — Gannon University is increasing the amount of money it donates to the city of Erie for police and fire protection.
The private school is exempt from property taxes, but agreed to pay $250,000 from 2010 to 2012 to help fund the city's public safety services. Under the new agreement, Gannon will pay $500,000 from 2013 through 2017.
The Erie Times-News (http://bit.ly/1h0h6Jb ) reports the school doesn't have a formal payment in lieu of taxes, or PILOT, agreement with the city. But the school has agreed it should help the city buy police and fire equipment.
Gannon owns 45 buildings in the city, all of which are exempt from property taxes.
Mayor Joe Sinnott says the payment is fair in that Gannon has its own police, which saves the city money in that regard.
Information from: Erie Times-News, http://www.goerie.com