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Hampton adopts $611 million budget, lowers real estate tax rate

City Council unanimously adopted the city’s $611 million budget and lowered the real estate tax rate from $1.18 to $1.16 per $100 of assessed value.

Hampton s proposed $611 million budget focuses on staff retention, lowers real estate tax rate – Daily Press

Hampton’s proposed $611 million budget includes several initiatives to boost employee compensation as a way for the city to be competitive in recruiting and retaining workers. It also includes a 2-cent reduction in the city's real estate tax rate.

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