The Newport News Real Estate Assessor's Office receives its authority from the Virginia Constitution, various statutes of the Commonwealth of Virginia, the Newport News Charter and City Code. The Real Estate Assessor's Office:
Assesses all real estate
Interprets and administers all laws pertaining to real estate assessments and exemptions
Maintains records and provides information on all parcels of land in Newport News
Publishes an annual land book
Reviews assessments with the property owners
Each parcel of real estate in the city is assessed annually, effective as of the following July 1.
The real estate tax rate is determined by City Council and the City Treasurer's Office handles the distribution of tax bills and collection of taxes.