Maine Property Tax Collection Percentages Under Scrutiny
1 report, 1 independent
Updated Sep 21
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What happened
The high property tax collection percentages in Maine are currently under scrutiny in Augusta. The Tax Foundation ranks Maine fifth nationally in property-tax collections as a percentage of personal income. During the last eight years, total state spending increased from about $8.5 billion to about $14.5 billion, a 71% rise. In some cases, property taxes increased by double digits in a single year.
Why it matters
The state's economy is ranked 48th, and its overall ranking is 47th. The high tax burden and state spending increases are major concerns for residents and businesses in the state capital area.
Who's involved
- AugustaState capital city in Kennebec County, Maine
- Tax FoundationNonprofit organization focused on tax policy analysis
- house of representativesGeneral term for legislative bodies in Maine
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The entities involved
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Augusta
county seat in Kennebec County, Maine, USA and Maine federated state capital city
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Tax Foundation
American nonprofit organization
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