Large retailers have been pressuring Maine communities to lower their property taxes based on hypothetical arguments about the properties’ resale value.
property taxes
Posted inBusiness, Maine, News
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
advertisement
Posted inBusiness, Maine, News
About 300,000 Maine homeowners will get $100 each in property tax relief
Mainers who pay property taxes and are eligible for the state’s Homestead Exemption program can expect to get checks for roughly $100 by January or February.
Posted inMaine, News, Politics
Maine Senate Democrats will hold town halls to publicize legislative agenda
Democrats, who hold a Senate majority, say they’ll focus on health care, property taxes, energy independence and protecting workers’ rights.
Posted inLivermore Falls Advertiser
Wilton property tax rate to drop for third straight year
Wilton’s tax assessor recommended lowering the mil rate from $20.35 to $20. Residents in Maine’s homestead exemption program can expect additional relief as well.
Posted inMaine, News
Scarborough homeowners balk at first townwide revaluation in 14 years
Hundreds of Scarborough residents are reeling after the first comprehensive property revaluation since 2005 results in big increases.
Posted inMaine, sj-web
'Big, bold things' on tap for Democrats in Augusta, Nate Libby says
LEWISTON — With his former dog sitter likely to be the city’s next member of Congress, his party soon to control both the state House and state Senate, and a Democratic governor soon to take office, state Sen. Nate Libby is pretty darn happy. In the wake of Tuesday’s successful election for Democrats in Maine, […]
Posted inOp-Eds, sj-web
Regional services facing cuts at the county level
Do you know how much of your property taxes are used to support county government? Farmington residents pay roughly 5 percent of their property taxes toward county operations. So, what do residents get for that 5 percent? County government in Maine provides regional services. Franklin County government is now more than 180 years old and […]
Posted inAdvertiser Democrat, Lewiston-Auburn, News
WalMart: Lower taxes? Oxford: No!
OXFORD — Retail giant Walmart asked the Board of Assessors to reduce its real estate valuation by more than $3.5 million. The board said no. Selectmen, who also act as assessors, voted 3-0 on April 19 against the request of Walmart Real Estate Business Trust to reduce its valuation from a little more than $11.5 […]
Posted inMaine, sj-web
Portland revaluation could send property taxes soaring
PORTLAND — Portland officials are poised to walk down what can often be a politically perilous path – one that could lead to significant property tax increases for some property owners, and tax reductions for others. On Monday, the City Council will receive an overview of a request from city staff to conduct a citywide […]