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<br /> AL KONISHI ~ DONALD IKEDA
<br /> County Clerk ,,P,: Deputy County Clerk
<br /> CONSTANCE R. KIRIU
<br /> Legislative Auditor
<br /> OFFICE OF THE COUNTY CLERK
<br /> County of
<br /> Hawaii
<br /> Hawaii County Building
<br /> 25 Aupuni Street
<br /> Hilo, Hawaii 96720
<br /> June 7, 1999
<br /> TO: Council Member J. Curtis Tyler, III
<br /> FROM: Liana Cox-Ishizu, Legislative Assistant ~"~-n "
<br /> RE: AN ORDINANCE AMENDING CHAPTER 19, ARTICLE 11, SECTION
<br /> 19-90(g), HAWAII COUNTY CODE 1983 (1995 EDITION) RELATING TO
<br /> THE MINIMUM TAX.
<br /> Per your request, please find the following information relating to the minimum real property
<br /> tax for property owners in the County of Hawaii for fiscal yeaz 1998-99.
<br /> L Support Data on Revenue Increase
<br /> The aforementioned figures reflect the number of pazcels incumng taxes up to $100, or pazcels
<br /> with a net taxable value of $10,000 or less. Because the tax rate figures aze delineated in a
<br /> range format, figures aze approximate. The Additional Revenue figures are assuming the real
<br /> property tax rate of $25 is increased to $100. The total revenue should be approximately
<br /> $4,903,600.
<br /> Tax Rate Parcels '98-99 Revenue '99-00 Additional
<br /> Revenue
<br /> $25.00 14,994 $374,850 $1,124,550
<br /> $25.01-35.00 7,302 255,570 474,630
<br /> $35.01-45.00 2,054 92,430 112,970
<br /> $45.01-55.00 4,396 241,780 197,820
<br /> $55.01-65.00 5,661 367,965 198,135
<br /> $65.01-75.00 4,357 326,775 108,925
<br /> $75.01-85.00 6,800 578,000 102,000
<br /> $85.01-95.00 2,691 255,645 13,455
<br /> $95.01-100.00 781 78,100 0
<br /> Total 49,036 $2,571,115 $2,410,585
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