Lincolnville selectmen set 15.5 mil rate
Lincolnville — Lincolnville residents will see a jump in property tax bills this year, in part due to a more than $36 million decrease in the town's valuation.
Assessor's Agent Vern Ziegler said some areas of town that hadn't been revalued recently were done this year, and some bodies of water also were adjusted, leading to a decrease in the town's overall valuation to $380,659,800 from last year's $416,721,600.
"If your valuation continues to decline, the mil rate has to increase," Ziegler said.
Selectman Rosey Gerry noted the issue has been discussed at great length, "and there's no alternative."
The previous mil rate was 13.6 cents per thousand of valuation; selectmen unanimously approved a rate of 15.5 for the coming fiscal year, an increase of about 3 percent.
Ziegler said all building values were adjusted down by 15 percent and ponds by a varying percentage. While a small percentage of buildings increased in value — 3 percent — the majority — 73 percent — decreased, he said. Parcels of vacant land, and land placed in farmland and tree growth contributed to the 24 percent of properties that did not change value.
"We have significant amounts of that type of land in Lincolnville," Ziegler said.
Properties that increased in value were those with new structures or major additions as well as newly subdivided parcels.
The fiscal year runs from July 1, 2014, to June 30, 2015. Tax payments are due in two installments and those paying late will be subject to a 7 percent late fee.
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Stephanie is editor of The Republican Journal in Belfast. She previously served as editor of Camden Herald following its return in April 2012.
Stephanie also was editor of VillageSoup's Capital Weekly in Augusta and has nearly a decade of experience in the newspaper business ranging from southern and central Maine to Waldo County.
Outside the office, she enjoys reading, cooking and gardening.
Stephanie lives in Washington with her husband Jeff, four children, a dog named Chewbacca, a rabbit and chickens.