Gannett Court Case May Affect Johnson City Taxes
Johnson City mayor Greg Deemie says a court case brought by Press & Sun-Bulletin owner Gannett Company could result in higher taxes for other village property owners.
The Gannett Central New York Production facility went into operation in 2006. The plant prints Gannett’s Binghamton, Elmira and Ithaca papers, along with daily papers for Utica and other upstate New York towns.
The print site is at 10 Gannett Drive, just south of CFJ Boulevard.
Deemie says the property is owned by the Broome County Industrial Development Agency.
The mayor says he raised the Gannett issue at a recent Johnson City village board meeting.
Speaking Monday on WNBF Radio’s Binghamton Now program, Deemie said he couldn’t say much about the potential impact on village revenue and the property tax rate because the matter has gone to court.
The mayor said he did not know when there might be a ruling in the case.
In response to a question, Deemie indicated there could be a significant impact on Johnson City’s property tax rate if the court decides in Gannett’s favor.
The mayor said he’s just waiting to hear what the ruling will be.
Deemie said a decision for Gannett could effect a payment-in-lieu-of-taxes agreement for the printing plant site.
A settlement with Huron Real Estate Associates involving the former IBM Endicott manufacturing site resulted in a big tax hit for village of Endicott and Union-Endicott School District taxpayers.
Deemie said the Gannett case would not have an effect of that magnitude on Johnson City.