Used originally to promote development in blighted areas, TIFs are increasingly being used by towns as a method to protect their share of state aid.
Put an addition on your house, and the town assessor will come around, increase the value of your house and your property taxes will go up. Get a TIF, and you, too, have to pay taxes on that new warehouse or factory – but the taxes don’t help pay for the schools, plowing and cops.
P.O. Box 284
Hallowell, ME 04347
SEND US AN EMAIL
Facts matter. Our nonprofit, nonpartisan news service holds Maine state government and institutions accountable. Our journalists use data- and document-based reporting to produce stories that have an impact.