Posted inFranklin, Livermore Falls Advertiser

Eagle Creek withdraws tax abatement requests in Jay, Livermore and Livermore Falls

JAY — A New Jersey company has withdrawn its tax abatement applications for its four hydroelectric facilities in Jay, Livermore and Livermore Falls. Androscoggin Hydro LLC, a subsidiary of Eagle Creek Renewable Energy, bought the facilities from Verso Corp. in January 2016 for $62 million. The company filed tax abatement applications in each town in […]

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Posted inLewiston-Auburn

Mechanic Falls voters approve budget articles

MECHANIC FALLS — Voters on Thursday passed budget articles totaling more than $400,000 that were rejected by narrow margins at the June 12 budget referendum. Town Manager Koriene Low said she was relieved by Thursday’s votes. The articles included the budgets for town clerk/elections, town manager, tax assessor, auditor and Androscoggin County assessment. The articles […]

Posted inAdvertiser Democrat, Lewiston-Auburn, News

Paris budget brings lower tax rate

PARIS — If voters approve the roughly $5.6 million budget at town meeting today, they can expect to see the tax rate decrease to lower than what it was two years ago, according to Paris Interim Town Manager Sawin Millett. Town meeting action will get underway at 10 a.m. at the Paris Fire Station, 137 […]

Posted inFranklin, Livermore Falls Advertiser

Jay, Verso settle tax disputes

JAY — The Board of Selectpersons and Verso Corp. reached an agreement Monday to resolve valuation and tax disputes for the 2013, 2014 and 2015 tax years on the company’s Androscoggin Mill and associated property. Selectpersons agreed Monday to give Verso a credit of $4 million over the next three tax years in six credits […]

Posted inMaine

Maine Senate votes to kill estate tax

AUGUSTA — A bill that would eliminate the state’s tax on inheritances worth more than $5 million gained approval in the Republican-controlled Maine Senate on Wednesday on an 18-13 party-line vote. But the GOP victory against what they call the “death tax” is likely to be short-lived, as the Democratic-controlled House voted Tuesday to reject […]

Posted inLewiston-Auburn

Turner taxes to rise slightly

TURNER — At a special meeting Monday night, selectmen set the 2016 tax rate at $15.90 per $1,000 property evaluation. They were able to hold the increase over last year’s rate to 1.3 percent. Town Manager Kurt Schaub said the primary reason for the increase was the Rescue Department budget. At a special town meeting, […]

Posted inFranklin

Jay’s tax rate expected to climb for third year in row

JAY — The tax rate for the 2015-16 fiscal year is expected to rise more than a dollar when selectpersons set the rate at a special meeting at 3:30 p.m. Tuesday, Sept. 1, at the Town Office. It will be the third year in a row that taxes have risen. The rate for 2014-15 is […]