Mar 11 '16 James City County Real Estate Assessments Increase Slightly James City County real estate assessments increased approximately 1.43% for Fiscal Year 2017 with .84% of the increase attributed to existing property and .59% to new development. Approximately 16,300 change-in-assessment notices were mailed on Feb. 29. Assessments are used to calculate a County property owner’s real estate taxes which is currently 84 cents per $100 of […]