With Alan Fettis out on loan to Sheffield United, Taylor was left with just Paul Musselwhite and 18-year-old Danny Harvey as his goalkeeping options.
However, he now adds Boaz Myhill to his squad after signing him from Aston Villa at a cost of £50,000.
The 21-year-old - who was born in California but represented England at youth level - has yet to make a first team appearance for the Villains, but has been loaned out to Stoke, Bristol City, Bradford, Macclesfield and Stockport to gain experience.
In fact, Stockport - where he has been for the last three weeks - had made an offer to sign him, but he opted to join City instead, signing a 2½-year contract.
6'3" Myhill is expected to be selected as a substitute rather than being thrown in at the deep end for Saturday's local derby at Scunthorpe, with Taylor more likely to keep faith in Musselwhite after he kept a clean sheet against Bury.