Luzerne County taxing bodies are grappling with the looming financial hit of Wilkes-Barre General Hospital’s planned switch from for-profit to nonprofit ownership.
Wilkes-Barre Mayor George Brown warned the city faces a significant negative effect on its finances because the prospective buyer — Tenor Health Foundation Inc. — has not agreed to make a payment in lieu of taxes, commonly known as a PILOT, to compensate the city for the lost real estate tax revenue expected to come with nonprofit ownership.
Wilkes-Barre Area School District officials are assessing whether they will challenge the tax exemption of the hospital properties.
Meanwhile, county officials publicly said last week they discovered Tenor intends to structure the acquisition in a way that won’t require the payment of rea

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