City of Hampton - File #: 23-0009

• File #: 23-0009
• Version: 1
• Name: Assessment Presentation 1/25/2023
• Type: Briefing
• Status: Filed
• File created: 1/4/2023
• In control: City Council Work Session
• On agenda: 2/8/2023
• Final action: 2/8/2023
• Title: Budget Briefings - City Real Estate Assessments
• Indexes: DO NOT USE - 21 - Economic Base Growth, DO NOT USE - 21 - Good Government
• Related files: 16-0049, 17-0005, 17-0397, 19-0001, 20-0003, 21-0037, 22-0003, 24-0027

Date	Ver.	Action By	Action	Result
2/8/2023	1	City Council Work Session	presented

Title

Budget Briefings - City Real Estate Assessments

Purpose

PURPOSE/BACKGROUND:

Council will receive briefings from the City Assessor on the Fiscal Year 2023 real estate assessments

Discussion:

Real Estate assessments are the basis for the real estate taxes which comprise a significant portion of the City's total annual tax revenue.

Impact:

Understanding the changes in real estate assessments is a critical step in the development of the next City budget.

Recommendation:

Rec

No Council action is required

Body