HomeMy WebLinkAboutCOM 0600.052 2022-2024From: K40[Johnson
Sent: Monday, September 2,Z02410:02AM
To: Council Testimony
Cc: Kaokwada,]enn�er
- r�
Subject: Support for bill 1O4
To: , Chair and Presiding Officer — Heather Kimball
Vice -Chair Dr. HO�ekaG0ro|na�8
'
Hawaii County Council
From: Mark Johnson and Carol Johnson, Council District 2, Hilo, Hawaii
\Newould like tuSUPPORT BiKK104,Draft 6for the creation ofanew property tax class for long-term
rentals.
We own the house next to us here in Hilo as a long-term rental. After mortgage interest, property tax is by
far the largest expense we have for the property. Expenses get passed onto the tenants in the form of
rent. Property tax on our rentat is almost 4 times what we pay for our personal. residence. Our renters
have been with us for 5 years now. During that time property tax on the rental property has gone up by
30%. We have been trying to avoid raising the rent because they are a local family with a young child.
Having a new tower property tax class for long term rentals wilt allow us to continue to keep the rent
stable for them despite the effect of inftation on att our other rental expenses. Keeping rent affordable is
very important to all citizens of Hawaii. These renters participate in the community and schoots it woutcl
beobenefit tohave them continue toUveonHawaii Island.
Mahalo for your consideration.
CC: Council member Jennifer "Jenn" Kagiwada, District 2