Will PeaceHealth pay taxes?
Yes. Only real property that is in service for a non-for-profit purpose of the organization (i.e., health care) is tax-exempt. Any activity on PeaceHealth property that is for housing, commercial offices or medical offices and is not owned or operated by PeaceHealth or similar tax-exempt entities will be subject to property taxes. A recent study showed that the property taxes assessed this development at full build-out will generate more than $16 million more than twice the amount generated than if the property were assessed under its former designation as medium density residential. In 2006 PeaceHealth paid $958,575 in Lane County property taxes one of the ten largest property tax bills in the county.
