A presentation on the proposed fiscal year 2027 real estate assessments will take place at the City Council meeting on February 25, 2026. The meeting will be held in Council Chambers on the eighth floor at 22 Lincoln Street.
Notice of Change in Assessment postcards for fiscal year 2027 are scheduled to be mailed out on February 27, 2026. Property owners have until March 30, 2026, to request an Office Review. The deadline to apply for a Board of Review is April 28, 2026.
The Notice includes an “improvement value,” which refers to the value of all buildings and structures such as porches, decks, patios, pools, and garages—both attached and detached. It does not indicate that new improvements have been made to the property. The levy is defined as the tax applied to the combined value of land and improvements. This amount is calculated by dividing the total value by $100 and multiplying it by the tax rate.
For example: if a property has $100,000 in land value and $200,000 in improvement value, its total assessed value would be $300,000. The calculation would then be $300,000 divided by $100 multiplied by the tax rate.
Currently, for fiscal year 2026 (July 1, 2025 – June 30, 2026), the tax rate stands at $1.14 per $100 of assessed value. The City Council has not yet set the tax rate for fiscal year 2027; it will be posted on their website after public hearings conclude.
State legislation requires that Notices reflect any effective tax rate increase for this fiscal year. A public hearing must occur if there is a one percent or greater increase in real estate revenues compared to what would result from a lower rate limiting revenue growth to one percent.
Property owners with questions can contact the Office of the Assessor of Real Estate by dialing 311 within Hampton or calling 757-727-8311. Callers should leave their name, number, and property address if prompted to voicemail.
If someone submits an Office Review application but does not receive a decision before April 28—the Board of Review deadline—they must also file a Board of Review application by that date to maintain appeal rights.
Hampton has played an important role in American history through contributions in education and technology as well as being home to significant sites like NASA Langley Research Center and Fort Monroe National Monument according to city records. Today it operates under a council-manager form of government where daily operations are managed by an appointed city manager as described on its official site. Hampton continues efforts toward economic growth and community engagement through partnerships with citizens as outlined online.
