Photo: 560 WGAN Newsradio
AUGUSTA, Maine (AP) State officials in Maine say the total valuation of real and personal property in the state has increased by more than 5.5%, to nearly $10 billion, from the previous year.
Maine Revenue Services announced on Thursday that it has finalized the state’s 2020 valuation and found the highest rate of growth since 2008.
The yearly state valuation process takes about 18 months to complete, and the 2020 report reflects property in the state as of April 1, 2018.
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