Princeton As "Hedge Fund" Foils Residents Seeking Relative Share of Taxes

A pedestrian passes the East Pyne building on the Princeton University campus in Princeton, New Jersey, U.S., on Monday, June 21, 2010. Princeton University, the fourth-richest institution of higher education in the U.S., paid more than $10 million last year to its prosperous New Jersey community. Municipal officials and residents say the college, whose land holdings are mostly tax-exempt, should do more as they look to close budget shortfalls. Photographer: Emile Wamsteker/Bloomberg via Getty Images
A pedestrian passes the East Pyne building on the Princeton University campus in Princeton, New Jersey, U.S., on Monday, June 21, 2010. Princeton University, the fourth-richest institution of higher education in the U.S., paid more than $10 million last year to its prosperous New Jersey community. Municipal officials and residents say the college, whose land holdings are mostly tax-exempt, should do more as they look to close budget shortfalls. Photographer: Emile Wamsteker/Bloomberg via Getty Images
Princeton As "Hedge Fund" Foils Residents Seeking Relative Share of Taxes
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Credit:
Bloomberg / Contributor
Editorial #:
102514097
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Bloomberg
Date created:
June 21, 2010
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Rights-managed
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Source:
Bloomberg
Object name:
PRINCETON COMMUNITY BUDGET