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Tax increment financing in the state of Maine allows a town or city to define, after applying to the state, a certain region or business within its borders as a TIF district. The local tax revenues generated by that district are, one, dedicated to a specific project or economic development fund, and two, are not counted towards the municipality ...
The Maine Municipal Bond Bank is a Local Government Funding Agency created in 1973 to issue bonds, enabling it to lend to counties, municipalities, school districts, utility districts and other government organizations within the state of Maine. [1]
Maine is divided into 16 counties and contains 482 municipalities consisting of cities, towns, and plantations. [2] In Maine, a plantation is an organized form of municipal self-government similar to but with less power than a town or a city.
Aug. 6—Federal auditors have accused Maine of diverting $2.6 million in federal grants meant to fund popular fishing, hunting, and wildlife protection programs into its underfunded pension and ...
Forty of the 50 states apply some form of the principle known as Dillon's Rule, which says that local governments may exercise only powers that the state specifically grants to them, to determine the bounds of a municipal government's legal authority. [1]
The unorganized territory (UT) of Maine is the area of Maine that has no local, incorporated municipal government. The unorganized territory consists of 435 townships, primarily heavily forested areas of the state's north, east, and west, along with de-organized municipalities and islands.
PORTLAND, Maine (AP) — The federal government issued on Monday the nation’s first floating offshore wind research lease to the state of Maine, comprising about 23 square miles (60 square ...
The Maine Development Foundation serves as the coordinating program for Maine. In August 2018, Main Street Maine communities launched a website to share authentic Maine downtown experiences, featuring businesses and attractions in each city and town with the National Main Street designation.