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HomeMy WebLinkAboutCOM 0577.001 2002-2004 ~~a~ Tyler, Curtis From: caber [caber@kona.net] Sent: Thursday, May 27, 2004 10:49 AM To: Harry Kim; Tyler, Curtis r Subject: Agricultural Property Tax Rate / `~~e ~ tax A1100001.htm To: Harry Kim, Mayor Curtis Tyler, Council Member From: John Bertrand (caber@kona.net) Re: Reassessment of Agricultural Property Homes Earlier (Nov. 3rd) I contacted you with some ideas about the revision of the property tax system. As a sidenote 1 indicated that we all have a responsibility to pay a fair share of the tax burden and I was not unhappy with our present taxes. The new reassessment policy has changed that situation a lot. We have a home on 8 acres of agricultural zoned land. The increase due to the revised policy about assessing homes on ag land has resulted in a projected $600+ increase in taxes, with almost no underlying change in market values. It is not just the fact of a substantial increase that is at issue. If I understand the situation, it is the basic unfairness of (a) adjusting the assessment of the dwelling site to the level of residential properties, while (b) applying a tax rate almost double (based on this year's rates) the residential rate to both the site and the structures. If the county is going to treat farm dwellings like residential property it simply must do it in a rational manner and do it completely. I understand that the tax rates for next year are yet to be set by the Council. I do hope that the Mayor's office and Council will agree that a basic unfairness exists in the present situation and will take steps to correct it. If my projections are accurate, I will still see a modest increase in taxes, but a more reasonable one with some level of fairness. On another issue, I understand the general reaction to the proposal to increase the tax on gas, but 1 disagree. Of course, the proposed 6 cents a gallon increase was small compared to the market fluctuations which are taking place on a regular basis. Still, I would not be opposed to such an increase if it resulted in more and better roads and traffic control. However, I would suggest that any kind of proposal like this be implemented in a gradual manner, i.e. one or two cents a year, rather than as a sudden, all-at-once increase. People need time to adjust. Everyone complains about the price of gas (and perhaps with good reason vis-a-vis oil company profits here) but if the price of gas in the 1970s had continued up with the cost of everything else we would be paying $3/gallon or more. And we would have adjusted and accepted it if implemented on a gradual basis. The price of vehicles has gone up even faster than inflation generally (for a better product) and people complain, but they continue to buy new cars. I had composed the this letter in April, but did not send it because the newspaper was suddenly full of similar info, including indications from Council members that the new assessments were not fair. I therefore expected that there would be an adjustment in the tax rate. However, as we get closer to the deadline I see nothing actually occurring to give me hope. So I am renewing my effort. Mahalo. Comm. No. 5 71 • •1 Ref. To: Prsse ~ 1 Ref. Uate _ IL]N 700A