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<br /> COUNTY OF HAWAII •: ; STATE OF HAWAII
<br /> TE OF�1N''''
<br /> RESOLUTION NO. 213 17
<br /> A RESOLUTION DETERMINING THE REAL PROPERTY TAX RATES FOR THE
<br /> COUNTY OF HAWAII FOR THE FISCAL YEAR JULY 1,2017, TO JUNE 30,2018.
<br /> WHEREAS, Chapter 19,Article 7, Section 19-53(e), of the Hawai`i County Code 1983
<br /> (2016 Edition, as amended),provides for the classification of property in the County of Hawai`i;
<br /> and
<br /> WHEREAS, Chapter 19, Article 11, Section 19-90(b), of the Hawai`i County Code 1983
<br /> (2016 Edition, as amended),provides for the establishment of tax rates via resolution by the
<br /> Council of the County of Hawai`i for net taxable lands and net taxable buildings for each class of
<br /> property; and
<br /> WHEREAS, the Council of the County of Hawai`i has taken as a basis for calculating
<br /> the real property tax rate for the County of Hawai`i the following schedule of aggregate values of
<br /> real property for the various classes in the County of Hawai`i assessable for tax purposes as of
<br /> April 19, 2017, certified and furnished by the Director of Finance of the County of Hawai`i:
<br /> Value of Net Value of Net Value of Net
<br /> Classes of Property Taxable Real
<br /> Taxable Buildings Taxable Lands
<br /> Property
<br /> A. Residential $ 4,468,601,422 $ 4,539,014,943 $ 9,007,616,365
<br /> B. Affordable Rental Housing $ 171,630,500 $ 88,856,900 $ 260,487,400
<br /> C. Apartment $ 3,593,357,525 $ 1,080,647,150 $ 4,674,004,675
<br /> D. Hotel and Resort $ 786,419,750 $ 511,659,257 $ 1,298,079,007
<br /> E. Commercial $ 799,590,873 $ 749,661,162 $ 1,549,252,035
<br /> F. Industrial $ 526,129,555 $ 550,669,950 $ 1,076,799,505
<br /> G. Agricultural or Native Forests $ 2,877,993,217 $ 2,696,501,036 $ 5,5,74,494,253
<br /> H. Conservation $ 53,807,400 $ 275,149,000 $ 328,956,400
<br /> I. Homeowner $ 3,706,816,858 $ 2,980,147,950 $ 6,686,964,808
<br /> TOTAL(ALL CLASSES): $ 16,984,347,100 $ 13,472,307,348 $ 30,456,654,448
<br /> ; and
<br /> WHEREAS, the Council of the County of Hawaii completed its public hearing on May 16,
<br /> 2017, and shall adopt the tax rates on or before June 20, 2017; now, therefore,
<br />
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