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• <br /> <rfoF;, ' Deanna S.Sako <br /> Mitchell D.Roth <br /> ; . Director <br /> Mayor ; r; \.ql'v <br /> Diane Nakagawa <br /> '1.1.‘,1 <br /> �—a:�.` Deputy Director <br /> qT,• F,N►•:0 <br /> County of Hawaii <br /> Finance Department M14 (-) <br /> .:::f <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 <br /> (808)961-8234 • Fax(808)961-8569 <br /> April 20, 2023 <br /> The Honorable Heather L. Kimball, Chairwoman <br /> and Members of the Hawaii County Council <br /> County of Hawaii <br /> 25 Aupuni Street <br /> Hilo, Hawaii 96720 <br /> Subject: 2023-2024 Real Property Assessment Certification Report <br /> Dear Chairwoman Kimball and Members of the Hawaii County Council: <br /> Attached is my certification of net taxable real property within the County of Hawaii for <br /> the 2023-2024 tax year. This certification is furnished in compliance with Chapter 19, <br /> Article 11, Section 19-90(d) of the Hawaii County Code, as amended. <br /> The total value of net taxable real property is $47,817,494,577. This amount is <br /> $4,027,874,977 higher than the previous year. This represents a 9.20 percent increase <br /> compared to the previous tax year. The estimated gross value of new residential <br /> construction is $395,790,600 and commercial construction is $22,582,100. <br /> A total of 372 appeals were filed, as compared to 797 appeals in the previous year. The <br /> amount in dispute is $93,064,047 compared to $718,483,400 in the previous year. <br /> Enclosed please find details of the assessed valuations by zones, classes of property, <br /> exemptions and appeals. Also enclosed are the 2023-2024 Council District Certification, <br /> and the 2023 Assessment List on compact disk. <br /> Deanna S. Sako <br /> Director of Finance <br /> APPROVED: <br /> Mitchell D. Roth, Mayor <br /> Enclosures <br /> comm. <br /> Ref.To: PR `23 <br /> Hawai'i County is an Equal Opportunity Employer and Provider <br />