HomeMy WebLinkAboutCOM 0820.004 2020-2022 i
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County of Hawai`i <° '�� �,, Phone: (808)961-8564
Council District 9- �al'1'ti�. (808)887-2069
North and South Kohala * Email: tim.richards(t)hawaiicoun_tv.gov
Chair: Committee on Regenerative
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Agriculture, Water, Energy, &
Environmental Management
HERBERT M. "TIM" RICHARDS, III
HAWAII COUNTY COUNCIL -DISTRICT 9 Z= Y,
25 Aupuni Street, Ste. 1402, Hilo, Hawai`i 96720
DATE: June 2, 2022
NO
TO: Maile Medeiros David, Council Chair
and Members of the Hawaii County Council
FROM: Herbert M. "Tim" Richards, III, C it M ber
Sue L.K. Lee Loy, Council Mem er
SUBJECT: A Proposed Amendment to Resolution No. 423-22; A Resolution Determining the
Real Property Tax Rates for the County of Hawaii for Fiscal Year July 1, 2022, to
June 30, 2023.
Below is a proposed amendment to Resolution No. 423-22 to amend the real property tax rates
for fiscal year 2022-2023. The amendment also changes revenues and revenue percentages based
on the amended rates.
The proposed amendment is illustrated below in Ramseyer format with respect to Resolution
No. 423-22; material to be deleted is bracketed and stricken, and material to be added is
underscored. Due to time constraints, a draft copy of this resolution that would result if this
proposed amendment is adopted is not attached.
The enacting clause and the two BE IT FURTHER RESOLVED clauses are amended as follows:
"BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that
the approximate percentage of the revenue to be derived from real property taxes for net
taxable lands and net taxable buildings within each class of property are listed as follows:
Classes of Property Net Taxable Buildings Net Taxable Lands
p y (Revenue %) (Revenue %)
A. Residential Tier One +2.05°. 12.04% 4-0:9"0 110.97%
Residential Tier Two 943-0A$ 9.09% 7.66%
B. Affordable Rental Housing 0-3"0 0.42% [04-9°/$ 0.20%
C. A artment '�z� 13.38% 2-.96° 2.91%
D. Hotel and Resort 3700% 2.88-0/0 [1-.G9° 1.04%
E. Commercial 3-3-5% 3.32% 2-.37-OA2.35%
F. Industrial 2,4 2.14% 44 1.78%
G. Agricultural or Native Forests 7-.S0" 7.38% 6-.64°/$ 6.49%
H. Conservation0-.2"0 0.19% [0-."0 0.79%
I. Homeowner ,8-78°, 9.32% [5-.3"0 5.64%
Comm. No.
Ref. To:
Hawai'i County Is an Equal Opportunity Provider and Employer Ref. gate lj'P ® 2 202
E IT FURTHER OLVED that based upon the assigned percentages of
approximate revenue to be raised, the amount of revenues to be derived from real property taxes
for net taxable lands and net taxable buildings within each class of property are listed as follows:
Classes of Property Net Taxable Net Taxable Lands Net Taxable Real
Buildings (Revenue) (Revenue) Property (Revenue)
A. Residential Tier One $ 51,522,752 $ 46,931,401 $ 98,454,153
Residential Tier Two $ [39,044,416] $ [32,882,447] $ [74-,926-,863]
38,900,341
32,761,109 71,661,451
B. Affordable Rental $ [1,6Q�] $ 1795 ] $ [2,n�]
Housing 1,787,499 845,200 2,632,699
C. Apartment $ [58,240,4 15 $ [44,47", no] $ [7441. 964]
57,244,852 12,459,856 69,704,708
D. Hotel and Resort $ [I2837,756] $ [4,650,994] $
12,337,584 4,469,787 16,807,371
E. Commercial $ [l-4,31 0,9,2] $ [T", 6,722] $ [24,456,694]
14,185,512 10,041,542 24,227,054
F. Industrial $ [l, II ] $ [7,694,341] $ [461�, n]
9,156,055 7,622,094 16,778,149
G. Agricultural or Native $ f32447,-S4-5j $ F28,248,217] $ rtin 36 732
Forests 31,585,181 27,780,015 59,365,195
H. Conservation $ [$4.9-27-9] $ [3,479,710] $ [4,328,989]
827,220 3,389,327 4,216,547
27enC 2Qn 22 '71c 1AQ 6n260532
I. Homeowner $ [.,�,�-r-,�o�-r] $ 22,'17 $ [60,260,532]
39,871,204
39,871,204 24,122,281 1 63,993,485
$ [257,403,56+] $ [170,211,425] $ [427,6 4,986j]
OTAL ALL CLASSES): 257,418,201 170,422,611 427,840,812
BE IT FURTHER RESOLVED that based upon the aforementioned resolves, the
Council of the County of Hawaii hereby determines the following schedule of rates to which
the various classes of real property in the County of Hawaii shall be taxed per$1,000 of
assessed valuation for the fiscal year July 1, 2022,to June 30, 2023:
Classes of Property Tax Rate Per Thousand Tax Rate Per Thousand
Net Taxable Buildings Net Taxable Lands
A. Residential Tier One $ 11.10 $ 11.10
Residential Tier Two $ 43-5 13.50 $ [43-.-5-5i 13.50
B. Affordable Rental Housing $ 5-.6-5 6.00 $ 5,65 6.00
C. Apartment $ 14-.70 11.50 $ 441. 11.50
D. Hotel and Resort $ 44-.5-5 11.10 $ 414: 11.10
E. Commercial $ 10.4 10.55 $ 44.-65 10.55
F. Industrial $ 44.65 10.55 $ 40-.65 10.55
G. Agricultural or Native Forests $ 9-.4D-5 8.90 $ 8.90
H. Conservation $ 14-.� 11.25 $ 44-7�511.25
1. 1 Homeowner $ [�5] 6.00 $ [5-.�65] 6.00 "
2