One project will bring 260 housing units, another 144 units, and both will benefit from tax breaks meant to encourage housing development in Augusta.
property taxes
Posted inLocal & State, News
For many older Mainers, covering costs in retirement is a major challenge
Experts say there is a clear divide between people who can afford to live comfortably in retirement — and those whose tight budgets make it difficult to pay for basic needs like food and housing.
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Posted inLocal & State, News
Portland City Council considers expanding property tax relief program
Many residents have been complaining about their skyrocketing tax bills in the wake of the city’s recent revaluation finalized in August.
Posted inLocal & State, News, Politics
Maine property taxes are high. What can lawmakers do about it?
A new task force met for the first time to issue recommendations for easing the property tax burden. Finding a solution could be tricky.
Posted inBusiness, Local & State, News
Study ties Portland rent control to higher property taxes, but economist questions findings
The findings arrived as city property owners are receiving their new tax bills after a property revaluation that drastically changed costs for many homeowners.
Posted inBusiness, Local & State, News
Portland residential property values increased an average of 43% in last year
A citywide revaluation finalized this week determined that values increased much more on homes than businesses, which could lead to bigger tax bills for some.
Posted inLocal & State
Property revaluations are ramping up in Cumberland and North Yarmouth
Homeowners in both towns can expect to receive their new home valuations in the spring and summer of 2026. Both towns will likely see the tax rate decrease, but homes are likely to see their value increase significantly.
Posted inTimes Record
Harpswell Select Board approves 4.7% property tax increase
The Harpswell Select Board is hoping residents won’t get too superstitious about the town’s new property tax rate of $6.66 — an increase of 30 cents, or 4.7%. “I will say, that’s not a very lucky number,” Select Board member Matt Gilley said during a special meeting on Tuesday, Aug. 12, to approve the tax […]
Posted inTimes Record
Property taxes: Mainers need long-term relief, not short-term Band-Aids
Everywhere I go, Mainers are talking to me about property taxes. I hear it from retirees who have lived in the same house for 40 years and now worry they can’t afford to stay. I hear it from young families struggling to buy their first home and are worried property taxes will keep home ownership […]
Posted inLocal & State
Cumberland tax rate unexpectedly increases by 8%
Finding anticipated taxes would fall short of the budget, Town Council approved an unexpected tax rate bump on Monday.