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MAO Comments on <br />e Constraints (Caps) <br />t r i constrain changes in assessed or appraised <br />value of property may appear to provide control but <br />actually distort the distribution of the property tax, <br />destroying property tax equity and increasing public <br />confusion and administrative complexity. <br />Standard on Property Tax Policy (IAAO, 2010) Section <br />5.4.3, p. 21 <br />Note: 18 states and DC use value increase <br />constraints; MN allowed such constraints to expire <br />in 2009 after studies showed increasing inequities <br />and tax shifting <br />scat Analysis and Property Tax <br />°cation & Relief Policies <br />(continued) <br />El Agricultural use -value assessment <br />• Preferential property taxation of farmland, forest <br />land, and open space is common nationally <br />• There is a need to clarify the objectives of use -value <br />assessment in Hawai`i County <br />ere is a need either to enforce current <br />requirements or revise them <br />• Agricultural use - values should be updated and <br />eligibility ensured as required by the Code - <br />Recommendation 27 <br />2A I <br />