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Please note that data are cataloged by fiscal years. For more info see our user guide.
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Maine Revenue Lost to Tax Abatement Programs
| Total Revenue Lost: | $209,841,625
|
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State-level programs
Click on the name of a program for more details.
| Year | Program Name | Program Type | Gross Revenue Loss  |
| 2019 | New Markets Capital Investment Tax Credit | Capital investment | $15,543,152 |
| 2018 | New Markets Capital Investment Tax Credit | Business attraction/retention/expansion | $15,443,152 |
| 2017 | New Markets Capital Investment Tax Credit | General Economic Development | $14,096,632 |
| 2020 | New Markets Capital Investment Tax Credit | Capital investment | $13,396,078 |
| 2017 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $13,326,078 |
| 2018 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $13,326,078 |
| 2021 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $13,150,686 |
| 2020 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $12,741,278 |
| 2019 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $12,695,785 |
| 2022 | Employment Tax Increment Financing (TIF) | Job Creation/Retention | $9,685,148 |
| 2021 | New Markets Capital Investment Tax Credit | Capital investment | $9,375,644 |
| 2022 | Pine Tree Development Zone Tax Credit | Job Creation/Retention | $5,601,779 |
| 2022 | New Markets Capital Investment Tax Credit | Capital investment | $4,439,785 |
| 2017 | Pine Tree Development Zone Tax Credit | General Economic Development | $3,510,745 |
| 2019 | Pine Tree Development Zone Tax Credit | Job Creation/Retention | $3,349,953 |
| 2018 | Pine Tree Development Zone Tax Credit | Business attraction/retention/expansion | $2,783,415 |
| 2020 | Pine Tree Development Zone Tax Credit | Job Creation/Retention | $2,779,119 |
| 2021 | Pine Tree Development Zone Tax Credit | Job Creation/Retention | $2,454,351 |
| TABULATED STATE-LEVEL TOTAL | | $167,698,858 |
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
Data includes abatement information for the five most populous cities, counties, and school districts in each state (where available). If no data is shown for these top five jurisdictions, it is because they did not disclose GASB 77 tax abatement information in the Annual Comprehensive Financial Report (ACFR), the amount reported was $0, or the ACFR has not been published yet. Some states include data for additional years and jurisdictions.
| Reporting Jurisdiction | Jurisdiction Type | Gross Revenue Loss |
| City of Auburn | Municipality | $5,552,331 |
| City of Biddeford | Municipality | $1,195,281 |
| City of Brewer | Municipality | $1,593,257 |
| City of Burlington | Municipality | $690,774 |
| City of Caribou | Municipality | $378,731 |
| City of Gorham | Municipality | $439,130 |
| City of Lewiston | Municipality | $7,858,061 |
| City of Portland | Municipality | $23,164,868 |
| City of Westbrook | Municipality | $1,156,155 |
| City of Winslow | Municipality | $114,179 |
| TABULATED JURISDICTION TOTAL | | $42,142,767 |
