Monday night the Hampton City Council held a budget workshop meeting.
Hampton City Manager Ron Dunt presented a high-level view of the fiscal year 2026 budget considerations. A result of House File 718 passed in the state legislature is that Hampton’s 3 percent growth puts the city in Tier 1. This means that potential revenue growth for the combined general fund levy is capped at 2 percent instead of 3 percent.
Also, a top priority for this 2025 legislative session is property tax reform, which is expected to further restrict property tax abilities for cities and counties.
Dunt encouraged the council to contact local legislators and explain to them how their policies affect small, rural communities like Hampton.
The Hampton City Council reviewed a draft Capital Improvements Plan, and will continue to discuss the fiscal year 2026 budget in future workshop meetings.
Minutes from the meeting can be found below: