May 21, 2018
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Thomaston tax rate rises 5 percent

By Stephen Betts, BDN Staff

THOMASTON, Maine — A reduction in state aid and higher school costs are behind a 5 percent hike in the town’s property tax rate.

The Thomaston board of assessors met Tuesday night and set the tax rate at $16.80, up 5 percent from last year’s rate of $15.98.

Taxes on a home assessed at $150,000 will increase $123 from $2,397 to $2,520.

The first half of the tax bill is due Dec. 3 and the second half on June 3.
Bills are expected to be mailed in a couple of weeks.

Thomaston Assessors Agent David Martucci noted the town is projected to receive $50,000 less state revenue sharing aid than the past year.

In addition, the town’s share of the Regional School Unit 13 Board rose between 3 and 4 percent, reaching slightly more than $3.2 million. The net municipal appropriations is about $2 million, up 1 percent while the payment to Knox County is nearly $350,000, a slight increase from a year ago, Martucci said.

Dragon Products, which operates a cement plant off Route 1, is the largest property taxpayer in town with an assessment of more than $15 million and taxes of more than $250,000.

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