The state Office of the Maine Treasurer on Wednesday published a spreadsheet, as it does annually, showing projected state/municipal revenue sharing distributions for each municipality. The Maine Municipal Association is warning members to view the numbers with caution. The Treasurer’s numbers reflect what is in current Maine statutes (pushing revenue sharing back up to 5 percent of state sales and income tax collections) but not what is proposed in Gov. Janet Mills’ FY 2020 – FY 2021 budget, which would distribute 2.5 percent in the first year of the budget and 3 percent in the second year. Until the state budget is adopted, it is unknown how much revenue will be distributed to municipalities.
memo - Caution Urged: New Revenue Sharing Numbers
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