Renewable Energy Equipment Exemptions
Tax Exemptions for Institutions and Organizations
Business Equipment Tax Exemptions (BETE)
The new deadline to apply for these is August 1st, 2020.
Fiscal Year 2020 Tax Information
The Tax Assessor is responsible for the assessment and listing of all taxable property within the City of Portland. The property tax finances a major portion of the city and school budgets. Detailed property information such as lot size, building size, building sketch, photographs, etc. is available at our website. Individual real estate and personal property tax roll information may be accessed by clicking onto the appropriate tax roll choice in the left hand column of the screen.
The July 1, 2019 (FY2020) tax rate is: $23.31 per $1000 of valuation
Taxes are due in two installments:
The first half of tax amounts due is Friday, October 18, 2019
The second half of tax amounts due has been extended to Monday, June 1, 2020.
The Assessor has declared Portland's FY20 ratio between assessed value and market value at 84%. The 84% ratio will be applied to the following tax exemptions which are then deducted from the assessed value of the property:
- Veteran's Exemption $6,000 X 84% = $5,040
- Blind Exemption $4,000 X 84% = $3,360
- Maine Homestead Exemption $20,000 X 84% = $16,800
Maine Homestead Exemption Program
In its 2017 session, the Maine legislature revised the amount of the exemption to $20,000 of just value as of April 1, 2017. For FY20, there are over 8,700 properties that are receiving this exemption. This amounts to a tax savings of over $3.4 million. If you have already applied for this program you do not need to apply again on the same property. It is important to note that if you have recently moved or sold your property, you must reapply for the exemption on your new home.
To qualify, you must apply and certify that:
1. You are a permanent resident of the State of Maine
2. Your Portland home is your primary residence and you are not claiming or receiving a homestead property tax exemption for any other property
3. You have owned a homestead in Maine for the past 12 months
Applications must be received by the Tax Assessor by April 1 in the year that the exemption is first granted. Applications received after April 1 will not become effective until the following year.
If you are currently receiving a tax reduction (blind, veteran or homestead exemption) on your property it is notated on the front side of your tax bill. If you wish to apply for these programs, application forms are available for you to download and print here.
Assessment Appeal Information
2019 (FY20) APPEAL DEADLINE DATE: January 24th, 2020
How Do I Appeal My Assessed Value If I Disagree With The Assessor?
According to Maine Taxation law, your property's assessed value is considered reasonable if it falls within 10% of its most probable selling price. The burden to prove the assessed value is unreasonable rests with the taxpayer.
1. File abatement application with Assessor: This application must be filed within 185 days after the Commitment Date . The Assessor has 60 days from receipt of your application to respond. If this formal appeal is denied, then:
2. Appeal Assessor’s decision to Board of Assessment Review: Application to appeal must be filed with Portland's Board of Assessment Review within 60 days of the Assessor’s denial. You will be scheduled for a Board hearing. If this appeal is denied, then:
3. Appeal the Board’s decision to Superior Court: Appeals must be filed within 30 days, or if a commercial property assessed over $1 million, within 60 days to the State Board of Assessment Review.
Property Tax Bulletin No. 10 from Maine Revenue Services outlines the Property Tax Abatement and Appeals Procedures. They also provide a Basic Residential Appeal Procedure Chart.
Christopher A. Huff, CMA
City of Portland Tax Assessor