From the article: Private universities, hospitals, religious organizations and public schools are among the organizations eligible for property tax exemptions under state law. The spirit of these exemptions is that the loss of tax revenue is recouped through community services provided by these organizations.

Sounds like the state law should be revisited?

Laws need to be changed. Absolutely no nonprofit property tax exemptions for faculty and staff on or off Stanford property.
Does Stanford get exemptions for the Stanford shopping center and Stanford industrial park. If they do that should stop.

To Observer re your question. From the article: “Stanford has… significant lands in the Stanford Research Park and at the Stanford Shopping Center … that are not exempt and generate significant tax revenues…”

he taxes generated by Stanford Research Park companies support a brighter future for local students. The Research Park contributes $24 million to our local schools every year — the equivalent of 144 full-time teaching positions.

Arne
Arne Lim

Retired Palo Alto Unified School District Teacher

*****
"Businesses located in Stanford Shopping Center and Stanford Research Park generated 45 percent of Palo Alto’s sales tax revenue — $13.1 million — in Fiscal Year 2018-19."

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