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HomeMy WebLinkAboutCOM 0883.005 2022-2024Dr. Holeka Goro Inaba Council Member, District 8, N. Kona HAWAI`I COUNTY COUNCIL DATE: May 31, 2024 TO: FROM; SUBJECT: County of Haivai'i 111'est Haivai'i Civic Center, Bldg. A 74-5044 Ane Keohokalole Huy} Kailua-Kona, Hawai'i 96740 Heather L. Kimball, Council Chair and Members of the Hawaii County Council Dr. Holeka Goro Inaba, Council Member Council District 8 Office: (808) 3.23-4.280 Etttail:holeka. inaba@hawaiicounly.gov hawaiicounty.gov { A� Resolution No. 525-24, Draft 2; a Resolution Determining the Real Property Tax Rates for the County of Hawaii for the Fiscal Year July 1, 2024, to June 30, 2025. Attached is Resolution No. 525-24, Draft 2. Resolution No. 525-24 was amended with the contents of Communication No. 883.4, which was approved by the Council at its Special Meeting of the Council on May 30, 2024. Draft 2 sets the real property tax rates for net taxable buildings and net taxable lands for each class of property in the County of Hawaii for the fiscal year July 1, 2024, to June 30, 2025, as follows: Classes of Property Tax Rate Per $1,000 Net Taxable Bldgs and Lands A. Affordable Rental Housing $ 5.95 B. Residential Tier One $ 11.10 C. Residential Tier Two $ 13.60 D. Apartment $ 11.70 E. j Commercial $ 10.70 F. Industrial $ 10.70 G. Agricultural or Native Forests $ 9.35 H. Conservation $ 11.55 1. Hotel and Resort $ 11.55 J. Homeowner $ 5.95 The Council suspended Rule No. 23-1 (d) of its Rules of Procedure and Organization of the Council, which requires the Holdover of a substantively amended resolution, and adopted Resolution No. 525-24, as amended to Draft 2. HGI/de comm. No db. Aft. /� G Ref. To: 1't, ,5, `,, S- 2-4 -7 Red. Date C c� cap. Hawaii County Is an Equal Opportunity Prowler and Employer