HomeMy WebLinkAboutCOM 0394.000 2002-2004 ~tY DI N,`
Harry Kim leV;~ William Takaba
Mayor Director
Nancy E. Crawford
ij• ~ „e+:y` Deputy Director
Of •M~J1
County of Hawaii
Finance Department
2,5 Aupuni Stree[, Room I IS Hilo, Hawaii 96720
(808)961-8234 Fex (808)961-8248 O
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October 23, 2003 ~O ~
~ C N !T!
ca
Honorable James Arakaki, Chairperson and
Members of the County Council ~ 3
Hawaii County Council i -
25 Aupuni Street ~ ' ~
Hilo, HI 96720 = rv
Dear Chairman Arakaki:
Enclosed is a Bill for an Ordinance amending Chapter 19, article 10, section 19-71 of the Hawaii
County Code, relating to home exemptions.
The purpose of this measure is to create an additional exemption of 20% of the pre-exemption
assessed value, to a maximum of $80,000, for those eligible for the home exemption. We
believe that this new exemption will provide needed tax relief to most homeowners on the Big
Island, particularly younger or lower income families living in areas with rapidly increasing
property values. It will also assist older homeowners on fixed incomes living in similar areas.
Should you have any questions, please contact me. Thank you very much.
Sincerely yours,
William T caba
Director
AP ROVED• .
Harry Ki
Mayor
Enclosure
3~ 11 I7y Comm. No.
Ref. To:
Ref. Date