City Preparing for Two-Tier Residential Tax Program
Applications Being Mailed and Available for Online Download
NEWPORT, R.I. (MONDAY, Dec. 12, 2022) – Newport residents are being advised to be on the lookout this week for an official mailing from the Tax Assessor’s Office as City staff prepares to accept applications for the recently adopted two-tier residential tax program.
The program, which was adopted by the City Council earlier this fall, is intended to encourage year-round residency for both property owners and renters alike.
City to Kick Off Budget Process
Proposed FY2023 Budget Released, First Hearing Set for May 11
NEWPORT, R.I. (TUESDAY, April 26th 2022) –
The City’s annual budget process is slated to get underway next week with the first of a series of planned budget workshops scheduled to take place on Tuesday, April 26th
at 5:30 p.m. in the City Council Chamber.
The proposed FY2023 Budget, which can be found on the City’s website at www.CityofNewport.com/Budget, was presented to the Council earlier this month and will be advertised for its first public hearing on May 11.
Overall, the City is proposing a roughly $105 million operating budget, which includes $4 million in new debt service for the new Rogers High School and Pell School addition.
Cold War Veterans Now Eligible for Property Tax Relief
Exemption Available for Veterans who served from 1947 and 1991
NEWPORT, R.I. (MONDAY, DECEMBER 13, 2021) – Newport homeowners who served in the military during the Cold War period from 1947 until 1991 are now eligible to qualify for property tax relief through the Rhode Island Veteran’s Exemption.
This provision, which was passed by the General Assembly early this year, also includes the widow/widower of a veteran who served during the Cold War.
Eligible property owners are asked to bring your DD214 to the Tax Assessor’s Office at 43 Broadway, any time beginning January 1st until March 15th to apply for the 2022-23 tax bill.
Applicants must be a Newport resident, and not claim an exemption in any other state.
No applications received after March 15th, 2022 will be eligible for the upcoming tax cycle. For further questions, please visit the City’s website at www.CityofNewport.com/TaxAssessor or call (401) 845 – 5363.