COM 0027.003 2020-2022 - Laserfiche WebLink

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DocuSign Envelope ID: B2DOC3EF-E687-4AA6-93CF-D16200518BC6 uan ........................... $23,000 total. In addition, the County will save approximately $4,400 per year in staff time which was allocated to the administering of this program. Update: Corporation Counsel provided ordinance changes to the Department Of Finance Administration. Currently pending administrative review and submission to County Council. 3. Repeal Solar Water Heater Tax Credit. This would require a change to the Hawai'i County Code. Recommendation is to completely repeal Section 19-104 of the Hawaii County Code, In 2008 when this credit was established,the County of Hawai'i Building Code did not require solar water heaters, however, since 2012 it has been a requirement for all new construction. The group researched the possibility of creating a photovoltaic credit.As the Real Property Tax Division does not assess for solar and photovoltaic for residential use,there is no recommendation to create another program in the place of ending the solar water heater tax credit. Update: Corporation Counsel provided ordinance changes to the Department Of Finance Administration. Currently pending administrative review and submission to County Council. 4. Procedural change to Real Property Tax classification® This would not require a change to the Hawaii County Code, however, the.group was approached by the Real Property Tax Division for guidance regarding a portion of the Hawaii County Code that was not consistently applied on the island-There are properties under one acre,of land that have been receiving the agricultural class tax rate when the highest and best use is residential. Three meetings were held regarding discussion of what would be the-most fair and equitable way to tax these parcels as the underlying zoning is agricultural which included reviewing properties up to five acres in size. The recommendation to the Real Property Tax Division is all properties less than one acre in size which are not part of an agricultural use or dedicated agricultural use program should be taxed at the residential class tax rate to be consistent with the County Code island-wide, This is consistent with State Land Use Commission statute which provides for the construction of,single-family dwellings on lots existing before June 4, 1976. There are currently 19,604 parcels which will experience a tax class rate change. 6,665 will experience an increase in taxes with the remaining parcels not anticipated to be impacted by the recommendation. The impact to the real property tax revenue in tax year 2019 based on the current assessed values and tax rates would be an estimated $1.3 million increase. Taxpayers still retain the option to apply for an agricultural use program to receive the agricultural tax classification in future years. Update: Real Property Tax Division implemented the procedural changes for Tax Year 2019 with notification issued to the owners oj'affected properties. 3