LEWISTON — City officials are hailing Lewiston’s annual property assessment review as good news for ratepayers.
On Friday, details were released on what taxpayers can expect when bills are issued next month.
Instead of a tax rate increase of $1.25 per $1,000 of assessed valuation, the increase will be 24 cents, due to the reassessment of major projects, including the new care center against cancer at Central Maine Medical Center.
Because project owners will pay more taxes, the rate can be reduced for all taxpayers.
“I am pleased to share that our total assessment has continued to increase this year by $89.8 million,” City Administrator Heather Hunter said Friday. “With this additional 4.27% increase in assessment, the City of Lewiston’s tax rate has dropped significantly.”
Prior to the assessment review, the tax rate was set at $29.51. The rate will now be $28.50.
Hunter added that the department had undergone a software conversion and praised the evaluation staff for completing the evaluation engagement in a timely manner.
Municipal property tax payments are due September 15.
The following list of assessment increases was provided by William Healey, the city’s chief assessor:
• New England Clean Energy Connect (NECEC) — $31.4 million
• CMMC Cancer Care Center — $8.6 million
• Central Maine Power Co. — $3.3 million
• Unit – $1.7 million
• Place Gauvreau — $1.6 million
• Federal distributors — $1.3 million
• Gendron Realty — $1.47 million
• Butler Brothers — $495,000
• New residential construction — $5 million
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