Hampton Council approves 2014 budget, trims tax rate increase to 20 cents

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    By RealEstateRama -

    May 9, 2013 – (RealEstateRama) — Hampton City Council approved a budget of $448,602,259 for fiscal year
    2014, raising the property tax rate by 20 cents but trimming 3 cents off the maximum rate that was
    recommended last month. The year-over-year increase is 4.08%, with half of the increased revenue
    earmarked for schools and half for city operations

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