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COM 0882.000 2022-2024
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COM 0882.000 2022-2024
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Last modified
6/5/2024 10:37:51 AM
Creation date
5/17/2024 2:22:22 PM
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Communications
Communications - Type
COM
Communications - Council Term
2022-2024
Communication
0882
Point
000
Author
Diane Nakagawa, Director of Finance
Communications - Referred To
FC
Comments
FC: Filed - 6/4/2024
Document Relationships
AGE FC 2024/06/04 (2022-2024)
(Related)
Path:
\Council Records\Agendas\2022-2024\Finance Committee (FC)
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JNtVosp, ,. <br /> Mitchell D.Roth :o°' +., Diane Nakagawa <br /> Mayor .. "�'% Director <br /> yam <br /> Deanna S.Sako -"_" - Aaron K.H.crown <br /> Managing Director �.4�,�,.�;:�.� Deputy Director <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 <br /> (808)961-8234 • Fax(808)961-8569 <br /> April 29, 2024 <br /> The Honorable Heather L. Kimball, Chairwoman <br /> and Members of the Hawaii County Council ? - r <br /> County of Hawaii <br /> 25 Aupuni Street <br /> Hilo, Hawaii 96720 _ = <br /> Subject: 2024-2025 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 2024-2025 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 $51,359,763,613. This amount is <br /> $3,542,269,036 higher than the previous year. This represents a 7.41 percent increase <br /> compared to the previous tax year. The estimated gross value of new residential <br /> construction is $469,691,300 and commercial construction is $28,789,900. <br /> A total of 233 appeals were filed, as compared to 372 appeals in the previous year. The <br /> amount in dispute is $171,456,375 compared to $93,064,047 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 2024-2025 Council District Certification <br /> art ,„„the 2024 assessment List on compact disk. <br /> (U-• 2/.11, <br /> Diane Naka wa <br /> Director of Finance <br /> APP ED: <br /> Mitchell D. Roth, Mayor <br /> Enclosures <br /> Comm. No. 0 <br /> Ref. To: <br /> Ref. Dote ,11 3 0 2OLi <br /> Hawai'i County is an Equal Opportunity Employer and Provider <br />
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