HomeMy WebLinkAboutCOM 0841.003 2020-2022 P/ c:t�
COMM 8q I
From: David Clark
Sent: Monday,June 13, 2022 3:32 PM
To: Council Testimony
Subject: Public Comment on Resolution 441 (Inaba);Wednesday, June 15, 2022, 9 am
T : County Councilt
FROM: David ClarkUJ
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DATE: June 13, 2022
RE: Public Comment on Resolution 441 (Inaba); Wednesday, June 15, 2022, -
Dear Council,
I am writing this comment from my condominium in Waikoloa, which is in the "Apartment" Property Class for
property tax classification purposes. My current property tax rate is $11.70 per $1,000 net valuation, which is higher
than all other residential Property Classes except Residential Tier Two at $13.55 per $1,000 net valuation.
For example, the Residential Tier One rate is $11.10 per $1,000 net valuation and the Hotel and Resort rate is $11.55
per $1,000 net valuation.
I do not understand, nor do I see a good tax policy that explains, why my 2-bedroom, 2-bath condominium warrants a
higher rate than a single-family home or Hotel and Resort property.
I think these three Property Classes, Residential Tier One, Apartment, and Hotel and Resort should all be subject to
the same rate. Therefore, I support the prior proposal that would reduce the Apartment rate by $.60 to $11.10 and the
Hotel and Resort rate by $.45 to $11.10, so that all three categories would be subject to the same rate ($11.10).
Support for this treatment is found in the State of Hawaii's "An Analysis of Real Property Tax in Hawaii,"by the
Department of Business, Economic Development and Tourism, Research and Economic Analysis Division, March
2017, in which these three Property Tax Classes are combined.
Therefore, for reasons of both fairness and consistency, I respectfully request that Council Member Inaba's
Resolution be amended to reduce the Apartment and Hotel and Resort rates by $.60 and $.45 per $1,000 net valuation,
respectively, so that those Property Class rates and the Residential Tier One rate are all the same at $11.10.
I understand doing so will reduce Council Member Inaba's suggested reduction(s) for other Property Classes but
believe that is warranted to "rationalize"the current disparate treatment of the three referenced Property Classes.
Respectfully submitted,
David Clark
Waikoloa
Comm. No.
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Ref. Date JW1 1 5 2022
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