Chapter 9 – Financing the Burden through Business Earnings
Lessening the burden of government is often principally or exclusively financed by charging prices—business income related to the good or service they are providing. Schuyler County Human Services Development Corporation in Schuyler, New York, is an incorporated nonprofit entity which is created to lessen the burden of government. It entered into debt, on its own accord, to build a facility which it rents only to nonprofit entities and to government agencies (related income from the purpose for which the corporation was created) . The rent and the fees it charges pay off all of the expenses and debt service. There is no government guarantee or payment other than the rent. It has lowered ...
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