A council committee is reviewing the city's policy on leasing public property to nonprofits in hopes of bringing some structure to a policy many have called inconsistent. Several nonprofits complained about the idea to committee members at a meeting on Wednesday.

Representatives of the Museum of Photography and Arts, the San Diego Natural History Museum and others accused the city of making a back-handed attempt to tax tax-exempt entities.

Nearly three-quarters of San Diego's 100-plus nonprofit agencies that use city property pay no rent, according to city officials. A handful of others make a token payment of some kind. The city is losing more than $2 million a year in revenue based on current market rents.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.