This year’s cuts came in the shadow of last year’s budget, which raised property taxes by about 20%, a decision that councilors later discovered they could not reverse.
property taxes
Augusta councilors reach compromise on budget cuts
The City Council, which will take up the budget Thursday, has ordered the city and school department to lessen the tax impact to a 2.5% increase.
Maine lawmakers weigh property tax relief, even as Mills signals she won’t support most efforts
Inflation and a runaway hot real estate market have led to a spike in property taxes across Maine — an issue that came into focus last year when lawmakers repealed a new program that froze property taxes for older adults because it was financially unsustainable.
Farmington board considering tax payment schedule, fiscal year change Tuesday
Selectmen moved the discussion to Feb. 11 so both sides could be presented at once, but with Town Manager Erica LaCroix out sick it will now be taken up at the Feb. 25 meeting.
Augusta park, minus controversial statue, proposed for former YMCA site
Philanthropist and seasonal resident Robert Fuller seeks to build a park across the street from the Capital Judicial Center and Lithgow Public Library.
Waterville tax lien goes undiscovered for 62 years
“I don’t think I’ve ever seen one quite this old,” said the lawyer representing the estate of Edward E. Spaulding Sr., who officials say paid his taxes every year for decades.
Changes to Farmington tax payment schedule, fiscal year to be discussed Feb. 11
Farmington selectmen on Tuesday tabled changing tax payment schedule and moving to a fiscal year until the Feb. 11 meeting so that both sides could be presented at once.
Augusta approves tax break for ‘beautiful’ new plaza project
The tax break is expected to help the $48.5 million proposal move forward at 60 Western Ave.
Hallowell officials directed to come up with final round of cuts
The city’s Finance Committee has asked City Manager Gary Lamb to work with department heads to find an additional 7% to 10% in spending to freeze in the current municipal budget in an effort to limit increases to property taxes.
Farmington tax rate set at $21.45 per $1,000 in property value
The new rate is up $1.54 over last year’s rate.