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Harty Kim Collins Tomei <br /> Mayor °• ,��;' ' Director <br /> 11►c��T <br /> •;�• '�''""'' '' Deanna S. Sako <br /> Deputy Director <br /> ,TF•GF•NI•� <br /> County of Hawai <br /> Finance Department <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 <br /> (808)961-8234 • Fax(808)961-8569 per: <br /> May 5, 2017 <br /> Valerie Poindexter, Council Chair and <br /> Members of the Hawai`i County Council <br /> Hawai`i County Council <br /> 25 Aupuni Street <br /> Hilo, Hawai`i 96720 <br /> Re: Amendment to the Hawai`i County Code <br /> Enclosed is a bill for an ordinance amending Chapter 19, Article 10, Section 19-71, <br /> Hawai`i County Code 1983 (2005 edition, as amended),relating to Property Tax <br /> Exemptions. This bill proposes to add additional tiers of tax exemption based on age. <br /> Specifically, it would add two additional tiers to the current exemption amounts of: <br /> Age of Taxpayer Exemption Amount <br /> • 60 years of age or over but not 70 year of age or over $80,000 <br /> • 70 years of age or over $100,000 <br /> to become: <br /> • 60 years of age or over but not 70 year of age or over $80,000 <br /> • 70 years of age or over but not 75 years of age or over $100,000 <br /> • 75 years of age or over but not 80 years of age or over $110,000 <br /> • 80 years of age or over $120,000 <br /> This bill seeks to relieve the elderly of some of their economic burden by creating the additional <br /> exemption tiers indicated above. If you have any questions, do not hesitate to call me. <br /> Collins Tomei <br /> Director of Finance <br /> AP OVE <br /> Harry Kim ar <br /> Mayor Com M. No. as- <br /> Ref. To: C 1A w 174 <br /> Enc. <5.1 k Ref. Date MAY 0 5 201 <br /> Hawaii County is an Equal Opportunity Employer and Provider <br />