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COM 0027.003 2020-2022
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COM 0027.003 2020-2022
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Last modified
1/5/2022 11:58:19 AM
Creation date
12/10/2021 10:21:59 AM
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
0027
Point
003
Author
Michael Hughes, Chairman for Tax Board of Review
Communications - Referred To
FC
Comments
FC: Close file - 01/04/22.
Document Relationships
AGE FC 2022/01/04 (2020-2022)
(Related)
Path:
\Council Records\Agendas\2020-2022\Finance Committee (FC)
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i <br /> I <br /> DocuSign Envelope ICD:B2DOC3EF-E687-4AA6-93CF-D16200518BC6 <br /> X <br /> . ., <br /> identical to the 10 year program with the exception of it not being recorded with the <br /> Bureau of Conveyances. The program would be established to allow for diversified <br /> agricultural activities as provided in the Dedicated Agricultural Program. The <br /> valuation for this program would'be the lower of 20% of market value or 3X the 10 <br /> year dedicated value. This program would be focused on start up operations or where <br /> there is uncertainty with respect to the long-term viability of a commercial <br /> agricultural program. <br /> 3. Revise the Non-Dedicated Agricultural Programa The Non-Dedicated Agricultural <br /> Program would be revised to require a minimum lot size for agricultural uses as set <br /> by the Dedicated and Short Term Dedicated Programs. In addition, in order to <br /> qualify for this program, a Farm Plan would be required to ensure there is a viable <br /> agricultural activity being undertaken. Another recommendation is that the Non- <br /> Dedicated property agricultural value would be based on a percentage of the Fair <br /> Market Value of the property and not as multiple of the Dedicated Agricultural rate. <br /> The agricultural value for this program would have an assessed land value of 30%of <br /> market value. <br /> 4. Native Forest programa Further review of the Native Forest program is <br /> recommended with input from local native forest practitioners, United States <br /> .Department of Agriculture Forest Service Division,University of Hawaii -Tropical <br /> Conservation Biology&Environmental Science and Tropical Ecosystem & <br /> Agroforestry Management staff. An updated value of the Native Forest program is <br /> suggested at 1/2 the current dedicated value per acre for pasture. . <br /> In addition to the recommendations above, the Real Property Agricultural Committee <br /> recommends to the County Council and Administration the following changes which are <br /> located in the Hawaii County Code, Finance Director's Rules and Regulations as well as Real <br /> Property Tax office procedures and guidelines: <br /> 5. Add a minimum size requirement for Non-Dedicated AG use parcels. This <br /> would match the current minimum size requirements in place for the Dedicated AG <br /> program. There are approximately 3,000 of the 8,400 parcels currently enrolled in a <br /> Non-Dedicated AG program that would not meet the minimum size requirements. <br /> The county receives approximately$580,000 in revenue annually from these parcels <br /> and could gain approximately$6.5M by implementing an absolute minimum size <br /> requirement. <br /> The current minimum size levels are .25 acres (intensive AG), 1 acre (orchard), 5 <br /> acres`(feed crops), and 10 acres (pasture). Parcels that fall below the minimum size <br /> may still be eligible to receive the Non-Dedicated AG benefit if they can prove they <br /> are part of a larger AG operation that in total meets the minimum size requirements or <br /> they provide additional documentation(i.e. Farm plan and/or schedule F, G-49). <br /> 6. Reduce number of required signatures on AG applications. The current county <br /> code requires all owners on title sign the application to receive the AG benefit. The <br /> 8 <br /> i <br />
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