Besides the Homestead exemption are there exemptions or programs that I may apply for?
The following exemptions are available:
Veterans Exemption: For a veteran 62 years of age or older and who served during an active wartime period. A veteran who is receiving 100% disability from the VA would also qualify.
A widow of a qualifying veteran may also apply for the exemption. (Exemption amounts are $6,000 for Post WWI & $7,000 for WWI)
Blind Exemption: This is for a person that is determined to be legally blind by his/her physician. (Exemption amount is $4,000)
Property Tax Fairness Credit: The State of Maine run Circuitbreaker Program has been repealed by the State of Maine and has been replaced by a refundable Property Tax Fairness Credit that can be claimed on the Maine Individual Income Tax Form. For more information you can visit: http://www.maine.gov/revenue/taxrelief/tnr.htm
What is the Homestead Exemption and am I receiving it on my Real Estate Tax Bill?
The Homestead Exemption is a form of property tax relief for property owners in Maine. The exemption amount was $10,000 for April 1, 2015, it increased to $15,000 for April 1, 2016, and for April 1, 2017 it increased to $20,000.
The exemption is subtracted from the total assessment of your property. To determine whether you are receiving this or any other exemption, you will notice on your tax bill under the land and building assessment, the line labeled "Other Exemptions". This will indicate the amount of the exemption that you are receiving.
What period does the tax bill cover?
The tax bill covers July 1 through June 30th. The tax bill is based on an assessment date of April 1st.
Why is the prior owner's name still on my tax bill?
The taxes are assessed to the owner of record as of April 1st.
Will the City mail my tax bill to my mortgage company?
No. Tax bills are sent to the property owner. We suggest that you mail a copy of the tax bill to your mortgage company the month prior to taxes being due.