Regulation & Taxes

When Portland property owners receive their FY 26/27 tax bills this month, they’ll see that the mil rate has increased 4.9% over last year’s rate; up to $12.58 per thousand […]

A new report finds that the city has one of the tightest rental markets in the country, with rates running 13% higher than the national average.

The New Hampshire-based utility, which provides natural gas service to customers across southern and central Maine, has asked the Maine Public Utilities Commission to approve an increase in its distribution rates. Two hearings are scheduled.

Any business using packaging and shipping material in Maine should familiarize itself with new compliance obligations and fees on the horizon, our guest contributor recommends.

Penobscot General Contractors is clearing the 65,000-square-foot building at 165 Washington Ave. to make way for a 325-unit, seven-story apartment building to be developed by Redfern Properties.

The measure, defeated by the City Council by a vote of 7-2 Monday night would have asked certain larger nonprofits to make voluntary property tax payments.

GreenMars development recently received approvals to build an 87-unit apartment building on an empty lot at 221 Congress St., in the East End. But company principal Chris Marshall told Mainebiz the project is sidelined until the city alters the Inclusionary Zoning fee, or if there are subsidies that could help make the project an affordable build.

The proposed FY 2027 city budget for Portland, if approved, is estimated to raise property taxes by 4.2%, increasing the average homeowner’s bill by $130. It also recommends eliminating 74 staff positions.

The new fees are based on projected student enrollment growth and vary based on housing type. Fees for new single family home development will jump from $5,570 to $11,391.

If passed, the bill would limit businesses’ ability to use third-party data and location-based advertising to reach customers, requiring additional consent to do so.