Montgomery News

Montgomery News

Thursday, April 2, 2020

Maine Business Daily reports News

From Maine Business Daily

Maine 4th-graders score two points above the national average on reading

By Maine Business Daily reports | 2 months ago

Fourth-graders in Maine on average scored 221 on a standardized reading test administered last year, which is two points above the 2019 national average calculated by the National Assessment of Educational Progress (NAEP).

From Maine Business Daily

Maine 4th-graders score one point above the national average on math

By Maine Business Daily reports | 2 months ago

Fourth-graders in Maine on average scored 241 on a standardized math test administered last year, which is one point above the 2019 national average calculated by the National Assessment of Educational Progress (NAEP).

From Maine Business Daily

Cost of a childless divorce in Maine is $11,100

By Maine Business Daily reports | 2 months ago

The average cost of divorce in Maine with no children involved is $11,100, the 40th highest amount among the 50 states, according to an analysis published by the website 24/7 Wall St.

From Maine Business Daily

Inbound cigarette smuggling rate in Maine estimated at 8.3%

By Maine Business Daily reports | 2 months ago

The inflow of smuggled cigarettes in Maine is 8.3 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

From Maine Business Daily

Maine ranks 8th worst in new economic outlook analysis

By Maine Business Daily reports | 2 months ago

Maine finished 43rd in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

From Maine Business Daily

Maine ranks 13th worst on corporate tax study

By Maine Business Daily reports | 2 months ago

Maine finished 38th in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

From Maine Business Daily

Maine among the 36 states with major tax changes in 2020

By Maine Business Daily reports | 2 months ago

Maine was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

From Maine Business Daily

Maine job growth this year projected at 0.5%

By Maine Business Daily reports | 3 months ago

Job growth in Maine is expected to reach 0.5 percent by the end of 2020, down from the state's 2019 job growth of 0.8 percent, according to a new study by Kiplinger that assessed state economic outlooks.

From Maine Business Daily

Maine has adequate funds to weather moderate recession

By Maine Business Daily reports | 3 months ago

Maine would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

From Maine Business Daily

Maine ranks 33rd in annual tax climate ranking

By Maine Business Daily reports | 3 months ago

Maine finished 33rd in a new study by the Tax Foundation showing which states are best at structuring their tax systems

From Maine Business Daily

University president is highest-paid public employee in Maine

By Maine Business Daily reports | 3 months ago

Joan Ferrini-Mundy, president of the University of Maine, earned $350,000 in 2018, making Ferrini-Mundy the highest-paid public employee in Maine last year, according to a ranking by the website GOBankingRates.

From Maine Business Daily

Funding for arts agencies in Maine to reach $1 million in FY2020

By Maine Business Daily reports | 3 months ago

Legislative appropriations for Maine arts agencies are projected to reach $1 million for fiscal year 2020, which equates to 75 cents per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

From Maine Business Daily

University of Maine chief executive received $333,433 in 2018 in total pay

By Maine Business Daily reports | 3 months ago

James H. Page, chief executive at the University of Maine, earned $333,433 in total compensation last year, the 213th highest pay among executives at nearly 250 U.S. public universities and systems ranked in a Chronicle of Higher Education study.

From Maine Business Daily

Maine levies a total tax on lodging of 9%

By Maine Business Daily reports | 3 months ago

Hotel room bills in Maine tack on a total state lodging tax of 9 percent, the eighth highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

From Maine Business Daily

No counties in Maine are now 2nd Amendment sanctuaries

By Maine Business Daily reports | 3 months ago

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.

From Maine Business Daily

425 borrowers in Maine filed for student loan forgiveness in 2nd quarter

By Maine Business Daily reports | 3 months ago

Borrowers in Maine who sought forgiveness of their student loans in the second quarter of 2019 numbered 425, according to a new state-by-state analysis by the U.S. Department of Education.

From Maine Business Daily

$131.2 million in federal research dollars flowed to Maine in FY 2018

By Maine Business Daily reports | 3 months ago

Federal agency research dollars going to Maine totaled $131.2 million in fiscal year 2018, according to a new analysis by the Research!America alliance.

From Maine Business Daily

4-year colleges in Maine now charge $10,478 in tuition and fees

By Maine Business Daily reports | 4 months ago

Maine four-year public universities now charge students annual in-state tuition and fees averaging $10,478, the 21st highest amount among the 50 states and the District of Columbia, the College Board said in a new report.

From Maine Business Daily

Maine received $1.9 million in public broadcasting funds last year

By Maine Business Daily reports | 4 months ago

The Corporation for Public Broadcasting allocated $1,948,912 in fiscal-year 2018 to support public television and radio in Maine, the ninth lowest amount among the 50 states and the District of Columbia, CPB reported.