Camden's 2025-2026 mil rate increases 9.5 percent

Camden's 2025-2026 mil rate increases 9.5 percent

CAMDEN — Camden’s mil rate has been set at 11.5, an increase over last year's mil rate of 10.5. A mil rate is the unit used to calculate how much to tax a piece of property to fund municipal, public school and county budgets, all approved by voters at annual town meeting. A mil is the tax per $1,000 in assessed value. For example, a home with an assessed value of $150,000 and a mil rate of 20 ($20 of tax per $1,000 of assessed value) would pay $…