In Detail: The City's Capital Improvement Plan
The
City's Capital Improvement Planning process is designed to be dynamic and responsive to changes in service demands, infrastructure condition, and emerging goals and priorities.
City Councilors recently met to discuss this important planning document, and if you you're interested in learning more, please be sure to click below for a brief overview of the City's proposed
Capital Improvement Plan
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Learn About the 2023 Reassessment
📣📣📣 Every three years, communities across the State are required to perform property revaluations in order to set the most accurate and equitable tax rate possible.
Newport’s 2023 update is a
statistical revaluation which relies on sales data from the previous year and is meant reflect the market value of each property as of Dec. 31, 2023, with final assessments taking into account things such as general market appreciation and any improvements made to individual properties since the City’s last revaluation.
Since Rhode Island General Law states that the tax levy cannot increase more than 4 percent from year to year, and because the City’s budget process is still several months away, property owners 🔴
should not use the existing tax rate to estimate their future bills. 🔴 For more information on ANY of the above, head over to
www.CityofNewport.com/Assessor
Learn more →