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PublishedJuly 22, 2021
Waterville council approves $46.5 million budget, cuts tax rate by 26 cents
With the new Waterville tax rate of $25.50 per $1,000 worth of valuation, someone who owns a home valued at $100,000 will pay $26 less a year.
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PublishedJuly 21, 2021
New law will provide tax relief to thousands of Maine seniors
Under the program designed to help seniors age in place, the state will pay property taxes for those 65 and older who qualify and agree to give the state a lien on their property for eventual repayment.
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PublishedJune 22, 2021
Bath could see tax increase from settlement deal with BIW
The city agreed to reduce the shipyard's valuation from $640 million to $509 million, lowering the city’s overall valuation, causing the tax rate to increase.
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PublishedMay 18, 2021
Divided tax committee endorses surcharge bill for high-wage earners in Maine
The Legislature's Taxation Committee voted 6-5 Tuesday to advance a bill that would tack a 3% surcharge on taxable income over $200,000.
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PublishedMay 9, 2021
Pandemic-fueled real estate boom threatens property tax hikes as much as 30% for Maine homeowners
Long-delayed revaluations promise to shift some tax responsibility from business to residential property owners; one South Portland woman is considering selling her plasma to cover the costs.
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PublishedSeptember 17, 2020
Report touts economic benefits of Maine tax credit for historic properties
The study of Maine's historic rehabilitation tax credit says it has given the state's economy a major boost and has more than paid for itself.
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PublishedSeptember 16, 2020
Madison Paper to appeal to Maine Supreme Judicial Court latest decision on tax abatement
Twice the taxes levied by the town of Madison have been challenged and twice the town has won, but at a cost of $200,000 which will increase because of the fight in the high court.
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PublishedAugust 28, 2020
Winslow Town Council raises property tax rate at special meeting
Citing a revenue shortfall, councilors approve an 18 cent increase to the property tax rate.
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PublishedFebruary 14, 2020
Report questions effectiveness of Maine tax incentive programs
Maine's business equipment tax reimbursement and exemption programs are costly for municipalities and don't appear to be effective at getting businesses to invest more in new equipment.
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PublishedFebruary 10, 2020
Bill would prohibit a common property tax appeal by big-box retailers
Large retailers have been pressuring Maine communities to lower their property taxes based on hypothetical arguments about the properties' resale value.
Property taxes
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