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COU1~T'TY O~ I3A~IAI`I S`I`A`I'E O~ ~IA~IAI~I
<br /> RESOLUTION NO.
<br />
<br /> A RESOLUTION DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF
<br /> HAWAII FOR THE FISCAL YEAR JULY 1, 2001, TO JUNE 30, 2002.
<br /> WHEREAS, Chapter 19, Article 11, Section 19-90 of the Hawaii County Code, as amended, provides
<br /> for the establishment of tax rates by the Council of the County of Hawaii for net taxable land and net taxable
<br />
<br /> buildings of each class of property established in accordance with Chapter 19, Article 7, Section 19-53(e) of
<br />
<br /> the Hawaii County Code, as amended; and
<br /> WHEREAS, the Council has taken as a basis for calculating the real property tax rate for the County of
<br />
<br /> Hawaii the following schedule of aggregate values of real property for the various classes in the County of
<br /> Hawaii assessable for tax purposes as of Apri126, 2001, certified and furnished by the Director of Finance of
<br />
<br /> the County of Hawaii:
<br /> Value of Net
<br /> Value of Net Value of Net Taxable Real
<br /> Classes of Property Taxable Buildings Taxable Land Property
<br /> (A) Improved Residential $ 702,795,236 $ 929,082,090 $ 1,631,877,326
<br /> (B) Apartment 1,108,162,748 607,368,097 1,715,530,845
<br /> (C) Commercial 434,809,916 404,681,514 839,491,430
<br /> (D) Industrial 175,925,863 219,603,287 395,529,150
<br /> (E) Agricultural or Native Forest 721,914,694 1,565,525,393 2,287,440,087
<br /> (F) Conservation 13,051,768 281,050,593 294,102,361
<br /> (G) Hotel and Resort 679,994,690 674,697,640 1,354,692,330
<br /> (H) Unimproved Residential 34,430,005 266,679,928 301,109,933
<br /> (I) Homeowners 1,131,339,602 1,120,212,988 2,251,552,590
<br /> TOTAL-ALL CLASSES $5.002.424,522 6.068.901.530 $11.071.326.052
<br /> and
<br /> WHEREAS, the Administration has determined that it anticipates collecting 96.68% of assessments;
<br /> and
<br />
<br />
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