Mayor Martin O'Malley signed an agreement yesterday with the city's major colleges and hospitals that calls for $20 million in payments to the city over four years, in exchange for dropping the mayor's proposed energy tax on the nonprofit institutions.
O'Malley agreed to the payments Friday, three days before the City Council was due to approve the extension of the city's 8 percent energy tax to colleges and hospitals.
O'Malley had proposed the expansion of the energy tax to help balance the city budget. But hoping to avoid a permanent tax, the Johns Hopkins University, the Maryland Hospital Association and local colleges offered about as much as or more than the tax would have raised.
The payments will be made as follows:
Johns Hopkins University and medical system: $10,105,486
University of Maryland Medical System: $3,012,600
Sinai Hospital: $983,970
Loyola College: $905,644
Union Memorial Hospital: $734,038
St. Agnes HealthCare: $718,480
Mercy Medical Center: $676,946
Harbor Hospital Center: $601,610
Bon Secours Baltimore Health System: $460,324
Good Samaritan Hospital: $407,800
College of Notre Dame: $326,240
Kennedy Krieger Institute: $319,904
Levindale Hebrew Geriatric Center and Hospital : $190,820
Keswick Multi-Care Center: $176,496
Maryland Institute, College of Art: $173,234
Baltimore International College: $88,084
St. Mary's Seminary and University: $75,920
Greater Baltimore Medical Center-Weinberg Center: $26,750
Baltimore Hebrew University: $15,660
