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COUNTY OF HAWAPI • • `• STATE OF HAWAI`I
RESOLUTION NO. S83 '
A RESOLUTION DETERMINING THE REAL PROPERTY TAX RATES FOR THE
COUNTY OF HAWAFI FOR THE FISCAL YEAR ENDING JUNE 30, 2027.
WHEREAS, Chapter 19, Article 11, Section 19-90(b), of the Hawaii County Code 1983
(2016 Edition, as amended) (hereinafter the "Code"), provides for the establishment of tax rates
via resolution by the Council of the County of Hawaii for net taxable buildings and net taxable
lands for each class of property; and
WHEREAS, Chapter 19, Article 7, Section 19-53(e), of the Code, provides for the
classification of property i;i the County, which was amended by Ordinance No. 24-69 to add a
new class for long-term recitals, effective January 1, 2026; and
WHEREAS, Chapter 19, Article 6, Section 19-46.1, of the Code, provides for the
establishment of multiple tiers of tax rates for properties classified as residential, which was
recently amended by Ordinance No. 26-23 to add a third tier, effective March 25, 2026; and
WHEREAS, the Council of the County of Hawaii has taken as a basis for calculating
the real property tax rate for the County the following schedule of aggregate values of real
property for the various classes in the County assessable for tax purposes as of April 17, 2026,
certified and furnished by the Director of Finance:
Classes of Property
Valm ofNet Taxable
BW1&W
Valx ofNet Taxable
Lands
Vahie ofNet Taxable
Real Property
A.
Affordable Rental Housing
$
516,793,700
$
269,687,100
$
786,480,800
B.
Residential(Tier One
$
4,022,882,600
$
6,231,610,600
$
10,254,493,200
C.
Residential(Tier Two
$
1,013,443,000
$
1,230,634,000
$
2,244,077,000
D.
Residential(Tier Three
$
4,076,171,700
$
1,482,465,800
$
5,558,637,500
E.
Apartment
$
6,882,639,750
$
1,369,257,800
$
8,251,897,550
F.
Commercial
$
1,354,096,350
$
1,163,075,300
$
2,517,171,650
G.
Industrial
$
880,834,350
$
930,360,400
$
1,811,194,750
H.
Agficultural or Native Forests
$
3,479,189,200
$
4,020,940,450
$
7,500,129,650
I.
Conservation
$
87,278,700
$
335,019,200
$
422,297,900
J.
Hotel and Resort
$
1,452,139,950
$
491,180,300
$
1,943,320,250
K.
Long- Term Rental
$
354,311,100 1
$
157,900,800
$
512,211,900
L.
Homeowner
$
9,819,737,350
$
5,232,986,150
$
15,052,723,500
TOTAL ALL CLASSES):
$
33,939,517,750 1
$
22,915,117.900
$
56,854,635,650
; and
WHEREAS, the Council of the County of Hawaii completed its public hearing on
May 19, 2026, and shall adopt the tax rates on or before June 20, 2026; now, therefore,
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAI`I that this
body hereby sets the following schedule of rates to which the various classes of real property in
the County shall be taxed per $1,000 of assessed valuation for the fiscal year ending June 30,
2027:
Classes of Property
Tax Rate Per
Thousand Net
Taxable BuWiqp
Tax Rate Per
Thousand Net
Taxable Lands
A.
Affordable Rental Housmg
$
5.80
$
5.80
B.
Residential(Tier One
$
12.10
$
12.10
C.
Residential(Tier Two
$
15.00
$
15.00
D.
Residential(Tier Three
$
16.50
$
16.50
E.
Apartment
$
12.10
$
12.10
F.
Commercial
$
10.70
$
10.70
G. 11ndustrial
$
10.70
$
10.70
H.
Agricuhml or Native Forests
$
9.35
$
9.35
I.
Conservation
$
11.55
$
11.55
J.
Hotel and Resort
$
11.55
$
11.55
K.
Lo -Term Rental
$
7.65
$
7.65
L.
Homeowner
$
5.80
$
5.80
BE IT FURTHER RESOLVED that based upon the above schedule of rates, the
approximate revenue to be derived from real property taxes for net taxable buildings and net
taxable lands within each class of property are listed as follows:
Classes ofProperty
Net Taxable
Net Taxable
Lands
Net Taxable
Real Property
A.
Affordable Rental Housing
$
2,997,403
$
1,564,185
$
4,561,589
B.
Residential (Tier One)
$
48,676,879
$
75,402,488
$
124,079,368
C.
Residential(Tier Two
$
15,201,645
$
18,459,510
$
33,661,155
D.
Residential (Tier Three)
$
67,256,833
$
24,460,686
$
91,717,519
E.
Apartment
$
83,279,941
$
16,568,019
$
99,847,960
F.
Commercial
$
14,488,831
$
12,444,906
$
26,933,737
G.
Industrial
$
9,424,928
$
9,954,856
$
19,379,784
H.
Agricukml or Native Forests
$
32,530,419
$
37,595,793
$
70,126,212
I.
Conservation
$
1,008,069
$
3,869,472
$
4,877,541
J.
Hotel and Resort
$
16,772,216
$
5,673,132
$
22,445,349
K.
Lo -Term Rental
$
2,710,480
$
1,207,941
$
3,918,421
L.
Homeowner
$
56,954,477
$
30,351,320
$
87,305,796
TOTAL (ALL CLASSES):
$
351,302,121
$
237,552,309 1
$
588,854,430
2
BE IT FURTHER RESOLVED that based upon the approximate revenue to be raised,
the approximate percentage of revenue to be derived from real property taxes for net taxable
buildings and net taxable lands within each class of property are listed as follows:
Classes ofProperty
Net Taxable
Buildings
Net Taxable
Lands
Net Taxable
Real Proerty
A.
Affordable Rental Housing
0.51 %
0.27%
0.77%
B.
Residential (Tier One)
8.27%
12.80%
21.07%
C.
Residential(Tier Two)
2.58%
3.13%
5.72%
D.
Residential (Tier Three)
11.42%
4.15%
15.58%
E.
Apartment
14.14%
2.81 %
16.96%
F.
Commercial
2.46%
2.11%
4.57%
G.
Industrial
1.60%
1.69%
3.29%
H.
Agricukural or Native Forests
5.52%
6.38%
11.91%
I.
Conservation
0.17%
0.66%
0.83%
J.
Hotel and Resort
2.85%
0.96%
3.81 %
K.
Long -Term Rental
0.46%1
0.21 %
0.67%
L.
Homeowner
9.67%1
5.15%
14.83%
TOTAL ALL CLASSES):
59.66%1
40.34%1
100.00%
BE IT FINALLY RESOLVED that the County Clerk shall transmit a copy of this
resolution to the Honorable Mayor C. Kimo Alameda and the Director of Finance.
Dated at , Hawai`i, this
COUNTY COUNCIL
County of Hawaii
Hilo, Hawaii
I hereby certify that the foregoing RESOLUTION was by
the vote indicated to the right hereof adopted by the COUNCIL of the
County of Hawaii on
ATTEST:
day of
INTRODUCED BY:
20
- Alxv��
CO CIL MhMBEI<COUNTY OF HAWAI`I
ROLL CALL VOTE
AYES NOES ABS EX
GALEWBA
HUSTACE
INABA
KAGIWADA
KANEALI `I-KLEINFELDER
KIERKIEWICZ
KDABALL
ONISHI
VILLEGAS
Reference: C-923/Waived FC
COUNTY CLERK CHAIRPERSON & PRESIDING OFFICER RESOLUTION NO. °' 813 2-01'