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Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.

2019 | 2018 | 2017 | 2016

Maine 2018 Revenue Lost to Tax Abatement Programs


Population in 2018 : not available
Total Revenue Lost: 
$43,370,719

Concerned about the lack of disclosure? We have created institutional schematics for the implementation of GASB Statement No. 77 on Tax Abatement Disclosures in the 50 states and DC: Learn who's in charge of compliance in our ROADMAP PROJECT. You can also get a CSV file of the localities in ME that did not make any tax abatement disclosures in their annual financial reports.

Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Typesort icon Revenue Loss
New Market Capital Investment Tax Credit Business incentive $15,443,152
Pine Tree Development Zone Tax Credit Business incentive $2,783,415
Employment Tax Increment Financing (TIF) Job creation/retention $13,326,078
TABULATED STATE-LEVEL TOTAL $31,552,645

Tabulated localities and districts

Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.

Reporting Jurisdiction Jurisdiction Type Gross Revenue Losssort icon
Auburn Municipality $1,130,735
Lewiston Municipality $1,748,911
South Portland Municipality $2,579,570
Portland Municipality $2,727,755
Bangor Municipality $3,631,103
TABULATED LOCALITY AND DISTRICT TOTAL $11,818,074

Local government reporting rate

We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.

For Maine, the estimated reporting rate is as follows:

Cities/counties: 20 out of 37 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

School districts: 2 out of 53 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.