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HomeMy WebLinkAboutCOM 0813.003 1998-2000 Hawaii Electric Light Company, Inc. • PO Box 1027 • Hilo, HI 96721-1027 r July 25, 2000 Warren H, W. Lee, P.E. President Chair Aaron Chung and Members of the Finance Committee County Council County of Hawai'i 25 Aupuni Street Hilo, Hawai'i 96720 Re: Proposed Ordinance for Real Property Taxation of Public Utilities (Bill No. 276) Dear Chair Chung and Members of the Finance Committee: Thank you for giving Hawaii Electric Light Company ("HELCO") the opportunity to comment on the above proposed ordinance, which was sent to you under cover letter dated June 9, 2000, from the Office of the Corporation Counsel. Our comments are made without prejudice to the positions we have taken in the pending tax appeals and are limited to the major issues raised by the bill. The proposed ordinance compounds the damage done by the amendment of section 19-89 of the Hawai'i County Code in December of last year. That ordinance denied public utilities the long-standing exemption from taxation of real property. The result is that public utilities are now the only taxpayers in the county whose real property is subject to double taxation the real property tax payable to the County and the Public Service Company ("PSC") tax (which by its express terms is "in lieu of real property tax") payable to the State. Q yy Comm. No. gn • (/~7 File No Ref. To: Ref. Date'M 2 5 2= An HE) Company Chair Aaron Chung and Members of the Finance Committee July 25, 2000 Page 2 The proposed ordinance compounds the injustice of double taxation of public utilities by taxing not only real property, but also personal property. Section 19-1 HCC makes it clear that the County is empowered to assess and collect only a real property tax, not a tax on personal property. The limitation of the real property taxing authority is confirmed in the definition of "real property" and "property" in section 19-2(a)(3) HCC, which clearly limits "property" to mean "land and appurtenances." Despite the limitation on the County's power to tax property, the proposed ordinance purports to allow the County to tax the public utilities' personal property as well as real property. The ordinance would allow valuation of public utilities' property based on "annual financial reports of the public utilities as filed with the Public Utilities Commission," even though those reports include values for not only real property, but also personal property and services. The illegality of the proposed scheme for taxation of utility real property only demonstrates the difficulty of properly administering a tax on utility real property. We respectfully suggest that a far more effective solution would be to work with the State of Hawai'i to obtain a portion of the PSC tax, as was proposed in the bill that the utilities presented to the Legislature during the last legislative session. This would enable the County to obtain funds without going through the administrative burden of devising and implementing a proper system for taxing utility real property. It would also eliminate the double taxation problem, thereby relieving the rate paying citizens of the Big Island from the burden of higher rates. As you know, increases in the tax burden imposed on public utilities are ultimately borne by the utilities' customers. HELCO is willing to work with both the County and the State to bring about a settlement that meets the needs of all the parties. To that end, HELCO is giving serious consideration to the County's request Chair Aaron Chung and Members of the Finance Committee July 25, 2000 Page 3 that the utilities commence payment of the Public Service Company tax "under protest" into the litigated funds account, as provided by section 40-35 of the Hawaii Revised Statutes. Such a course of action requires the filing of a complaint against the State in Tax Appeal Court, thereby facilitating in bringing the parties (State, County and utilities) together under the aegis of the Tax Appeal Court for settlement discussions on a tax-sharing mechanism that would enable the County to receive a portion of the PSC tax from the State in lieu of collecting real property taxes. For these reasons, we urge the Committee to hold the Bill No. 276 in committee and to pursue instead a settlement with the State. HELCO would be glad to assist in that process. Thank you again for the opportunity to provide you with our comments on the proposed ordinance. Sincerely, i QU arren H. W. Lee 4S