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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.

2020 | 2019 | 2018 | 2017 | 2016

Maine 2018 Revenue Lost to Tax Abatement Programs


Total Revenue Lost: 
$43,370,719
Download results as CSV or XML

State-level programs

Click on the name of a program for more details.

Program Name Program Type Revenue Loss
Employment Tax Increment Financing (TIF) Job creation/retention $13,326,078
New Market Capital Investment Tax Credit Business attraction/retention $15,443,152
Pine Tree Development Zone Tax Credit Business attraction/retention $2,783,415
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.

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: 0 out of 57 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.

Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for ME. 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.

Why is there little or no reporting from school districts?: Maine is a New England state: Local school districts do not produce financial audits (only the few regionalized ones do).

The state does not post local financial audits in an online repository.

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