October 1, 2013

Mayor Svante Myrick ’09 Slams Cornell Over Contributions to Ithaca

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In the first of a series of public meetings to present his proposed budget for the 2014 fiscal year, Mayor Svante Myrick ’09 came down hard on Cornell Tuesday for what he called its failure to sufficiently contribute to Ithaca’s budget.

Since Cornell does not pay property taxes, the University “is giving much less” to its surrounding community than similar institutions, Myrick said. While Cornell’s contribution in 2014 is expected to increase by just over one percent to $1.25 million, Harvard pays a yearly contribution of $2.1 million, and Yale pays over $8 million.

Photo: Michelle Fraling / Sun Staff PhotographerIthaca Mayor Svante Myrick ’09 proposes the city buget to the Common Council in City Hall Tuesday.