Title

The Maine Coast Heritage Trust this week is expected to release a study that say

Source

Maine Times

Date

1-16-1997

Pages

14

Abstract

The Maine Coast Heritage Trust this week is expected to release a study that says that while there is some cost to towns for conservation land, the cost looks pretty good when compared to residential development. The study looked at taxation patterns in Freeport, Vinalhaven and Northeast Harbor, and found that taxes in Freeport were more than twice the state average. The study also found that individual taxes in Northeast Harbor would decrease by only $49 if all the land in conservation ownership in the town were fully taxed. The Maine Legislature is considering a number of bills to scale back or rewrite the tree growth tax law, which assesses farm and forest land at its value for those purposes rather than its top development value. Details.

Subjects

Land use, Maine Coast Heritage Trust

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