|
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the
<br /> approximate percentage of the revenue to be derived from real property taxes for net taxable
<br /> lands and net taxable buildings within each class of property are listed as follows:
<br /> Net Taxable Net Taxable
<br /> Classes of Property Buildings Lands
<br /> (Revenue %) (Revenue %)
<br /> A. Residential 16.07% 16.32%
<br /> B. Affordable Rental Housing 0.35% 0.18%
<br /> C. Apartment 13.95% 4.19%
<br /> D. Hotel and Resort 3.05% 1.99%
<br /> E. Commercial 2.88% 2.70%
<br /> F. Industrial 1.89% 1.98%
<br /> G. Agricultural or Native Forests 9.53% 8.93%
<br /> H. Conservation 0.21% 1.07%
<br /> I. Homeowner 8.16% 6.56%
<br /> BE IT FURTHER RESOLVED that based upon the assigned percentages of
<br /> approximate revenue to be raised,the amount of revenues to be derived from real property taxes
<br /> for net taxable lands and net taxable buildings within each class of property are listed as follows:
<br /> Net Taxable Net Taxable Net Taxable
<br /> Classes of Property Buildings Lands •Real Property
<br /> (Revenue) (Revenue) (Revenue)
<br /> • A. Residential $ 47,814,035 $ 48,567,460 $ 96,381,495
<br /> B. Affordable Rental Housing $ 1,055,528 $ 546,470 $ 1,601,998
<br /> C. Apartment $ 41,503,279 $ 12,481,475 $ 53,984,754
<br /> D. Hotel and Resort $ 9,083,148 $ 5,909,664 $ 14,992,812
<br /> E. Commercial $ 8,555,622 $ 8,021,374 $ 16,576,996
<br /> F. Industrial $ 5,629,586 $ 5,892,168 $ 11,521,754
<br /> G. Agricultural or Native Forests $ 28,348,233 $ 26,560,535 $ 54,908,768
<br /> H. Conservation $ 621,475 $ 3,177,971 $ 3,799,446
<br /> I. Homeowner $ 24,279,650 $ 19,519,969 $ 43,799,619
<br /> TOTAL(ALL CLASSES): $ 166,890,556 $ 130,677,086 $ 297,567,642
<br /> 2
<br />
|