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....Click here to see the full content ShareThis