HomeMy WebLinkAboutCOM 0830.001 2020-2022 OSMtY_oc H��
HEATHER L. KIMBALL Contact Information
Council Member (808) 961-8828
Chair, Committee on Governmental Operations, •+•�;.— (808)961-8018(staff)
Relations and Economic Development r''E WA heather.kimball@hawaiicounty.gov
Council District 1
HAWAII COUNTY COUNCIL
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County of Hawai`i c-1
Hawai`i County Building cam--
25 Aupuni Street, Suite 1402 z Z
Hilo, Hawai`i 96720 10
MEMORANDUMT
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DATE: June 9, 2022 w
TO: Maile David, Council Chair and
Members of the Hawaii County Council
FROM: Heather Kimball, Council Member
SUBJECT: Information Regarding Proposed Bill 182
I am providing the attached information, Comparison of Tax Rate Proposals to Proposed Home Owner
Exemption Increases, to inform our discussion on Bill 182.
Thank you.
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Comm. No
Ref. To: p r'()
Ref. Date JUN 1 4 2022
Hawai`i County is an Equal Opportunity Provider and Employer
Comparison of Tax Rate Proposals to Proposed Home Owner Exemption Increases
Home Value
$250 $500K $1M
Tax Proposal Rate Tax Savings Tax Savings Tax Savings
Current Rate $6.15 984.00 - 2,337.00 - 5,412.00 -
Mayor's Rate $6.10 976.00 8.00 2,318.00 19.00 5,368.00 44.00
Resolution 432-22 $5.65 904.00 80.00 2,147.00 190.00 4,972.00 440.00
Resolution 441-22 $6.05 968.00 16.00 2,299.00 38.00 5,324.00 88.00
Bill 182 (Under 60) $6.15 922.50 61.50 2,152.50 184.50 5,227.50 184.50
Bill 182 (60-64) $6.15 707.25 276.75 1,937.25 399.75 5,012.25 399.75
Bill 182 (65-69) $6.15 676.50 307.50 1,906.50 430.50 1 4,981.50 430.50
Bill 182 (70-74) $6.15 584.25 399.75 1,814.25 522.75 4,889.25 522.75
Bill 182 (75+) $6.15 553.50 430.50 1,783.50 553.50 4,858.50 553.50