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<br /> <br /> <br /> Virginia Isbell MTV g. Phone No.: (808) 326-5684 <br /> Vice Chair P~ C Fax No.: (808) 329-4786 <br /> District 7 - Central Kona ~a E-Mail: visbell@co.hawaii.hi.us <br /> <br /> <br /> <br /> <br /> HAWAII COUNTY COUNCIL <br /> County of Hawai `i <br /> 75-5706 Hanama Place, Suile 109 <br /> Kailua-Kona. Hawaii 96740 <br /> <br /> May 22, 2006 <br /> <br /> Stacy K. Higa, Chair <br /> And Members of the County Council <br /> 25 Aupuni Street <br /> Hilo, Hawai'i, 96720 <br /> <br /> Dear Chair Higa and Members of the County Council: <br /> <br /> Enclosed for your review and approval is Resolution Number 377-06 that provides for <br /> the establishment of tax rates by the Council of the County of Hawai' i for net taxable land and <br /> net taxable building for each class of property established in accordance with Chapter 19, Article <br /> 7, Section 19-53(e) of the Hawai'i County Code. <br /> <br /> The schedule of rates at which the various classes of real property in the County of <br /> Hawai'i are taxed per $1,000 of assessed valuation has been changed to accommodate the <br /> proposed FY 2006-2007 Operating Budget. <br /> <br /> Class Current Rate/$1,000 Proposed Rate/$1,000 Change <br /> 1. Improved Residential $9.10 $8.10 -11.0% <br /> 2. Apartment $9.85 $8.10 -17.8% <br /> 3. Commercial $9.85 $9.00 -8.6% <br /> 4. Industrial $9.85 $9.00 -8.6% <br /> 5. Agricultural $9.85 $8.35 -15.2% <br /> 6. Conservation $9.85 $8.55 -13.2% <br /> 7. Hotel/Resort $9.85 $9.00 -8.6% <br /> 8. Unimproved Residential $9.85 $8.10 -17.8% <br /> 9. Homeowners $5.55 $5.55 0.0% <br /> <br /> Thank you very much for your consideration. <br /> <br /> I'llk JV14 <br /> <br /> <br /> Virgi is Isbell, Vice Chair <br /> Hawaii County Council <br /> Comm. No. 1 <br /> Ref. To: <br /> Ref. Uafe <br /> ~8~..37y-~`} <br /> P/awar'r County Is An Equal Opportunity Provider And Employer <br />