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About: Tax increment financing (Maine)     Goto   Sponge   NotDistinct   Permalink

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Tax increment financing (TIF) is a local public finance tool available to municipal governments in the state of Maine. TIF in the state of Maine refers to a program different from tax increment financing in most states. TIF in Maine refers to a process by which a local government in the state can underwrite their revenues in order to earmark tax funds and receive more funding from the state.