The Assessor's Office is responsible for the valuation of all property in South Portland including real estate. The total real estate caluation for 2014/15 is $3,739,004,400; of which $467,449,700 is exempt; and personal property $530,145,000; of which $200,539,700 is BETE exempt. The 2013 State Valuation is $3,537,700,000.
Annually, the Assessor's Office reviews valuations and makes adjustments to the valuations that include any additions and deletions. The department is also responsible for maintaining accurate records of property ownership.
In addition to these and other duties, the Assessor's Office is responsible for processing exemptions for homestead, veterans and widows of veterans.
The Assessor's Office is a clearing house of information such as building and land records, monthly sales transactions and assessment valuation information used by other City departments, the public, and their representatives (appraisers, brokers, attorneys, surveyors, title companies, etc.). Reports are often generated from the commitment file for use by various city departments, as well as the office being the source of addresses for public hearing notification. Computer reports containing various assessment and ownership information can be purchased for a reasonable fee.
General Tax Information
Assessment Date: April 1st
Commitment Date: July 21st
Fiscal Tax Year: July 1st June 30th
2015-2016 Tax Rate: $17.40 per thousand at 100% valuation.
Certified Ratio: 100%
Quarterly Payment Dates:
August 20, 2015
November 19, 2015
February 11, 2016
May 05, 2016