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HomeMy WebLinkAboutCOM 0387.013 2000-2002 11-15 01 19:48 DON JACOBS T:80B 965 ®361 P:01 l~®n Jai®bs ~T~~: t , . 15-2722 popes Street ;_!4 ~~~-r~~fiS®361 pah®~, H1 ~5771~ ~ l' ~3`i c~ri ~E~.f~et November 1 S, 200 s...~,! y i~ ~ (1~ ~,i(t ~ ai~dV 1 t t.~/! ~r ~YF~";f To ail nnembers ®f the Hawaii County Council Finance Commitae. 1 ~~?'®r~gly ®ppose 6ili 121. bill 121, if passed, ~rould increase the levy rata for properties with assessed valuati®r~ below $10,000. What is N®~ a more equitable distribution of C®unty reven~se ~®liect6ons. If there is a proven shortfall in revenues, the first thing t® do is cut ba0k the cost of g®vernenent in every way possible. lf, after Cutting back, there is still a sh®rtfall, then the levy rate for ail real estate sh®uld be increased aor®ss the board t® pr®vide the required revenue as is provided ire Chapter 1 g, Article 11, Section 1990(0) of the Hawaii County Code. And spe~ific~liy as set forth iri the following Section 19-~®(0} sub-paragraphs: (3) The am®unt of revenue to be raised from net taxable buildings within each 0lass shall be divided by the net taxable value of buildings irt~ that class to deterrraine the tax rate which shat! be expressed In terms of tax per $1,®®® of rest taxable buildings computed to the ntarest Cent. (4) The amount of revenue to be raised from net taxable lands ~rithin each 01ass shall be divided by the net taxable value of lands in that Class to deterrr~ine the tax rate which shat! be expressed ire terms of tax per S 1,000 of net taxable lands cor~p~ted t® the near®st cent. The Ai~faIT10iV ®f a mir~imurv~ tax in SeOti®n 19-90(g) is effectively double taxation and shoa~ld be challenged in c®urt. In any event it places an improper and totally unfair ba~rder~ upcan a segment of the total rea! estate least able to bear the burden. Sincerely Oon Jacobs Copies t® the media and others. Osazr 1~~, air _ _