For-profit hospitals pay property taxes. Nonprofit hospitals generally don't. So when the nonprofit Alegent Health system takes over the Creighton University Medical Center property from for-profit Tenet Healthcare, much or all of the approximately $63 million in hospital property at 30th and California Streets will go off the tax rolls. That concerns some local politicians who, while they support Creighton University's mission and laud Alegent's decision, worry that a shrinking tax base isn't good for budgets. “It's a positive for Creighton,” said Douglas County Board member P.J. Morgan, a real estate executive and former Omaha mayor. “Hopefully, it's going to be a good thing for the community. “At the same time, you're never pleased when you're losing property tax values.”
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