HomeMy WebLinkAboutCOM 0624.000 2002-2004 ~<v or y~/
AARON S.Y. CHUNG Phone: (808) 961-8396
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C'ouncilmemher Fax: (g0g~ 961-8912
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HAWAI COUNTY COUNCIL
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May 21, 2004 -
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Honorable James Arakaki, Chairman
And Members of the County Council
25 Aupuni Street
Hilo, Hawaii, 96720
Dear Chair Arakaki and Members of the County Council:
Enclosed for your review and approval is a resolution that provides for the establishrocnt of
tax rafts by the Council of the County of Hawaii for net taxable land and net taxable
building of each class of property established in accordance with Chapter 19, Article 7,
Section 19-53(e) of the Hawaii County Code.
The schedule of rates to which the various classes of real property in the County of Hawaii
that is taxed per $1,000 of assessed valuation has not changed from the previous year.
The total value of net taxable real property is $14,533,959,794, an increase of
$ I ,642,619,214 or 12.74% higher than the previous tax year. Real Property Taxes revenues
(Account No. 3101.10) increased $13,132,000 (I 1.49%) to $128,469,000 from the previous
year. Revenues from real property taxes represent 51.3% of the total revenues.
Should you have any questions, please feel free to contact me.
Sint rely,
Aaron S11.Y. Chung
Council Member, County of Hawaii
Comm. No.
Ref. To:
Ref. Uate
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AARON S.Y. CHUNG ~'•''y> ~ Phone: (808) 961-8396
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('wmcf/member Fa%: (808) 961-8912
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HAWAI `1 COUNTY COUNCIL
County oJHawai'i
Hnwni'f (bunR~ Banding
2S Aupani S(reeC SYute 209
lii(n. Hawui 5 96720
James Y. Arakaki, Chair May 21, 2004
Hawaii County Council
25 Aupuni Street
Hilo, Hawaii 96720
Re: Resolution No. 18°-04 relating to the establishment of tax rates by the
Council of the County of Hawaii for net taxable land and net taxable buildings of each
class of property established in accordance with Chapter 19, Article 7, Section 19-53(e)
of the Hawaii County Code.
Pursuant to Section 1(g) of Rule 4 of the Rules of Procedure of the Council, of the
County of Hawaii, this written request is submitted with my approval that the above
referenced matter be waived from the Committee on Finance to the full council for
immediate action. In reviewing this matter, timely approval is crucial. It is therefore
advantageous that approval is granted and the matter placed onto the next Council agenda
for review. However, in the event this request is denied, for whatever reason, 1
understand the matter shall be referred to the Committee on Finance for placement on its
future agenda.
Sincerely,
Aaron S.Y. Cl ng, Chair
Committee on Finance
Approved/Date/Waived to Council Disapproved/Date/Referred to
+~~t Finance Committee
Ja es Y. Arakaki, Chair James Y. Arakaki, Chair
awai`i County Council Hawaii County Council