Property Tax Information:
|Tax Rate (Per $1,000)||20.70 mils|
|Tax Year||July 1 - June 30|
|Tax Bills Sent||Generally the 1st Week in September|
|Due Date||October 15|
|2015 Tax Commitment||September 1, 2015|
Motor Vehicle Excise Taxes
Excise Tax is an annual tax that must be paid prior to registering a vehicle. Except for a few statutory exemptions, all vehicles registered in the State of Maine are subject to the excise tax. Excise Tax is defined by State Statute as a tax levied annually for the privilege of operating a motor vehicle or camper trailer on the public ways.
The excise tax is calculated by multiplying the MSRP of the vehicle by the corresponding years mil rate shown below:
|Year 1||.0240 mils|
|Year 2||.0175 mils|
|Year 3||.0135 mils|
|Year 4||.0100 mils|
|Year 5||.0065 mils|
|Year 6+||.0040 mils|
For example a two year old car with a MSRP of $25,000 would be charged a mil rate of .0175 totaling an excise bill of $437.50 or ($25,000 x .0175 = $437.50).