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<br /> Tax Reform Page 1 of 2 <br /> S~fairik, (airy <br /> Fr®rn: Chris Hicks [chris325@juno.com] _ - <br /> Sent: Monday, November 19, 2001 11:33 AM <br /> Tea: gsafarika~interpae:net P~~'J ~ ~ ti <br /> Subject: Tax Reform Help Requested <br /> ~ ~ _ <br /> bear Councilman Gary Safarik ~ ~ <br /> +f <br /> We need your help in this matter. <br /> Please support us. Thank you <br /> Virginia R. ~-Iicks, Donna IZ. Cotner, <br /> Susan Cotner <br /> To all members of the flawaii County Council Finance Committee. <br /> I strongly oppose Bill 121. <br /> Bill 121, if passed, would increase the levy rate for properties with <br /> assessed valuation below $10,000. That is I~tOT a more equitable <br /> distribution of County revenue collections. <br /> If there is a proven shortfall in revenues, the first thing to do is cut <br /> back the cost of government in every way possible. If, after cutting <br /> back, there is still a shortfall, then the levy rate for all real estate <br /> should be increased across the board to provide the required <br /> revenue as is provided in Chapter 19, Article 1 1, Section 19~90(c) <br /> of the I~awai'I County Code. And specifically as set forth in the <br /> following Section 19e90(c) sub_paragraphs: <br /> (3) The amount of revenue to be raised from net taxable <br /> buildings within each class shall be divided by the net taxable <br /> value of buildings in that class to determine the tax rate which shall <br /> be expressed in terms of tax per $1,000 of net taxable buildings <br /> computed to the nearest cent. <br /> (4) The amount of revenue to be raised from net taxable l~.rlds <br /> within each class shall be divided by the net taxable value cif ~a~.~ds.. <br /> in that class to determine the tax rate which shall be ex~pres~~;d. <br /> terms of tax per $1,000 of net taxable lands computed to ~ ' ~ x_ :r <br /> 11 /20/01 ~ <br /> <br />