HomeMy WebLinkAboutCOM 0387.006 2000-2002 . 5f9S!!N t~~~F4~~
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November 15, 2001
To all members of the I-Iawaii County Council Finance Committee.
I strongly oppose Bill 121.
Bill 121, if passed, would increase the levy rate for properties with assessed valuation below $10,000. That
is NOT a more equitable distribution of County revenue collections.
If there is a proven shortfall in revenues, the first thing to do is cut back the cost of government in every
way possible. If, after cutting back, there is still a shortfall, then the levy rate for all real estate should be
increased across the board to provide the required revenue as is provided in Chapter 19, Article 11,
Section 19-90(c) of the Hawai'I County Code. And specifically as set forth in the following Section 19-90
(c) sub-paragraphs:
(3) The amount of revenue to be raised from net taxable buildings within each class shall be divided by the
net taxable value of buildings in that class to determine the tax rate which shall be expressed in terms of tax
per $1,000 of net taxable buildings computed to the nearest cent.
(4) The amount of revenue to be raised from net taxable lands within each class shall be divided by the net
taxable value of lands in that class to determine the tax rate which shall be expressed in terms of tax per
$1,000 of net taxable lands computed to the nearest cent.
The ADDITION of a minimum tax in Section 19-90(g) is effectively double taxation and should be
challenged in court. In any event it places an improper and totally unfair burden upon a segment of the total
real estate least able to bear the burden.
Sincerely,
Susan Diehm Boyd ~
Tax Key Number: 1-2-011-083-0000
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