| Aug. 20th, 2014

Maine Property Taxpayers Should Have Paid $188 Million Less (10%) in Property Taxes in 2008

As a result of huge spending increases at the local level and a failure to pass along increased state aid, property taxpayers paid $188 million more in property taxes than they should have in 2008.

In June 2004, Maine voters passed a ballot initiative requiring the State to increase it share of K-12 education spending to 55 percent. The Maine Municipal Association drafted and championed this initiative with the promise that such increased aid to local governments would result in a 15% reduction in property taxes.

After voters approved the measure, Governor Baldacci and the Maine Legislature dramatically increased state aid to....

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