Property Tax in Scarborough
The property tax mil rate in Maine includes both the school and the municipal costs. The mil rate is expressed in reference to $1,000 in taxable valuation.
Tax Rate: $15.02 per thousand for fiscal year 2021-22
Our assessment ratio is 100%
Scarborough compares favorably to other communities in Maine for FY 2022.
- Falmouth $17.43 (89%)
- Scarborough $15.02
- South Portland $14.70
- Biddeford $18.23
- Westbrook $17.83
- Gorham $19.40 (83%)
- Saco $18.88
- Bath $20.30
- Portland $12.99
- Bangor $22.30
- Cape Elizabeth $19.92
- Cumberland $20.55 (86%)
- Freeport $13.35
- Waterboro $15.05
Business Equipment Tax Exemption (BETE) and the Business Equipment Tax Reimbursement (BETR)
The State of Maine provides an exemption from property taxes for certain types of business equipment and a reimbursement for other types of business equipment. For a tutorial to find the right program for your business, Click here to download a pdf. Additional information can be found on the State’s Website.
To visit the State of Maine’s Property Tax Division Webpage, click here
Other important Tax information for Businesses:
The State of Maine’s general sales tax rate is 5.5%, meals, drinks and lodging are taxed at 8%. A pdf reference guide to sales and use law is available here. To go to the State’s website for more info click here
Service Provider Tax:
Certain services are subject to a service provider tax. To determine if you are subject to the tax, click here.
Corporate Income Tax:
Maine imposes an income tax on all entities organized as corporations (except S corporations) and that have Maine-source income. The corporate income tax is graduated, with rates ranging from 3.5% (for income up to $25,000) to 8.93% (for income in excess of $250,000).