<p>Boston College paid $267,000 to the City of Boston in lieu of taxes in 2007. BC wants to turn a building in Boston into a dorm but the building currently generates $424,000 in property taxes. Menino has opposed the move but I’d guess that an additional $424,000 in lieu of taxes would change his mind.</p>
<p>One aspect of the taxation of universities is the property tax issue. I guess another is the income issue.</p>