Annual Report FY24-FY25

saved local households in state and local taxes* $2,331 WHAT DOES THAT MEAN FOR RESIDENTS?

*The household tax savings is calculated by dividing the total State & Local tax paid by visitors by the number of households in the Greater Portland & Casco Bay Region. This tax includes Direct Impact (visitor spending in local industries), Indirect Effects (business-to-business purchases), and Induced Effects (household spending from income, excluding taxes, savings, and commuters). 27

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