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COM 0118.024 2002-2004
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COM 0118.024 2002-2004
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Last modified
5/12/2008 5:49:35 PM
Creation date
5/10/2008 12:57:41 AM
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Communications
Communications - Type
COM
Communications - Council Term
2002-2004
Communication
0118
Point
024
Author
William Takaba, Finance Director
Communications - Referred To
FC
Document Relationships
COM 0118.000 2002-2004
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\Council Records\Communications\2002-2004
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EXAMPLE OF TAXATION UNDER AFTER PROPOSED CHANGES <br /> <br /> Twenty acres of Hamakua land - not in agriculture <br /> Highest & Best Use Value ($20,000/acre) $ 400,000.00 <br /> Tax Rate - $9.85 per $1000 of assessed value 0.00985 <br /> <br /> Annual Taxes $ 3,940.00 <br /> Twenty acres of Hamakua land -non-dedicated ag use <br /> <br /> Ag use value per acre (orchard $1500/acre) x 2 x acreage $ 60,000.00 <br /> Tax Rate - $9.85 per $1000 of assessed value 0.00985 <br /> <br /> Annual Taxes $ 591.00 <br /> Twenty acres of land - 10-year ag dedication <br /> <br /> Ag use value per acre (orchard $1500/acre) x acreage $ 30,000.00 <br /> Tax Rate - $9.85 per $1000 of assessed value 0.00985 <br /> Annual Taxes $ 295.50 <br /> <br />
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