HomeMy WebLinkAboutCOM 0915.002 2004-2006
PUBLIC PETITION FOR REAL PROPERTY TAX RELIEF y
Date aja4z~' G 2006
To: Mayor Harry Kim; HI County Council; HI County Real Property Tax Division
I/We petition to have the real property tax process amended to be equitable to those who
do not afford tax assessments based upon inflated market prices.
Tax basis should be calculated at the price paid for a property with a 1% growth cap for
homeowner's classification, i.e., if one paid $20,000, then he/she would expect that
valuation, but if another paid $200,000 the owner who paid $20,000 and can't afford tax
on $200,000 would not have the basis changed.
Property sales/turnover and newly permitted development would normally increase the
tax basis which in turn would continue the growth of the county's revenues by those who
both cause and are able to afford it.
A tax revolt such as California's Proposition 13 in the late 1970's gave similar tax relief
to those who could afford to keep their home at values they paid for them but not at
inflated prices subsequently paid by others.
Do the right thing and ACT NOW. p
Signed jo4v, ' /.4 Date 2006
Date aG 2006
TMK 3-1-/ D01 - P 3'f - OOOo
TMK3-1-/-O - 491 17 - 0Omo
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INSTRUCTIONS: COPY THIS FORM AND DISTRIBUTE TO FAMILY, FRIENDS
AND NEIGHBORS. SIGN IN TRIPLICATE AND SEND TO EACH OF THE
PARTIES LISTED. VOICE YOUR SUPPORT FOR FAIR PROPERTY TAXES NOW!!
Mayor Kim, 25 Aupuni Street, Suite 125, Hilo, HI 96720
HI County Council, 25 Aupuni Street, Hilo, HI 96720
HI County Tax Assessor, 101 Pauahi Street, Hilo, HI 96720 a 2
Comm. No.
Ref. To,e 1
Ref. Dote