Gilmour sale could add nearly $150,000 to the tax rolls

NORWICH – Based on current assessment figures, the pending sale of the Pearl and Everett Gilmour Nursing Facility to a private company could add about $40,000 annually to the city’s tax rolls.

United Methodist Homes of Binghamton, a non-profit organization exempt from paying property tax, announced Wednesday it had approved the sale of Gilmour to an unnamed for-profit entity that operates several residential health care facilities throughout the state.

Located in the city’s 3rd Ward near the town border, the Gilmour facility is currently assessed at $2.3 million. Putting it in the hands of private company “would definitely add value to the roll,” said city Assessor Brian Fitts.