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HomeMy WebLinkAboutCOM 1176.000 2006-2008 J+~'~%OF M~ti Phone: (808) 961-8538 Dominic Yagong Cour~cil:4leniherrw~' FAX: (808) 961-8912 +lrf Of N?~'` HAWAII COUNTYCOUNCIL County of Hawaii fv Hawaii Counti, Building 25.4upuni Street Hilo, thmai'i 96720 --0 ~ R7 CL~ . April 29, 2008 To: Pete Hoffmann, Chair - And Members of the County Council From: Dominic Yagong, Chair Committee on Finance Subject: Real Property Tax Resolution for the Fiscal Year Ending.lune 30, 2009 Enclosed for your review is Resolution Number 621-08 that provides for the establishment of tax rates by the Council of the County of Hawaii for net taxable building and net taxable land for each class of property established in accordance with Chapter 19, Article 7, Section 19-53(c) of the flawai'i County Code. The schedule of rates for the fiscal year ending June 30, 2009 to which the various classes of real property in the County of Hawaii that is taxed per $1,000 of assessed valuation changed in the Residential and Agricultural categories from the previous year. A public hearing will be scheduled for the new class (Affordable Rental Housing). Class Tax Rate Per Tax Rate Per Thousand Net Thousand Taxable Net Taxable Building Land 1. Residential (was Improved Residential and Bldg rate) $7.10 $8.10 2. Apartment $8.10 $8.10 3. Hotel/Resort $9.00 $9.00 4. Commercial $9.00 $9.00 5. Industrial $9.00 $9.00 6. Agricultural and Native Forest (Bldg rate) $6.35 $8-35 7 Conservation $8.55 $8.55 8. Homeowner $5.55 $5.55 DY/ro a1~ 'Q Comm. No. IMP Ref. To: Ref. Date AER 2 9 2008 llawai 7 Cowin, is an Equal Opportunity Provider and Emplwer JMt'~'~~ H~r{• Dominic Yagong Phone: (808) 961-8538 Council :blc,uhcr FAX: (808) 961-8()12 ,S) HA WAI I CO UNTY CO UNCIL Curnmo/Haxai'i lluiraii CourrnY 1311ildi1xg 'S 1upu,ti Street Hilo, llemwi i 96720 Pete Hoffmann, Chair April 28. 2008 Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Resolution No. 621-08 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. of Rule 4 of the Rules of Procedure of the Council, of the County of PliC3llailt to Section 2(g 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, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sil Y. Dominic Yagong, Chair Committee on Finance Approved/Date/Waived to Council Disapproved/Date/Referred to Finance (,r Committee Pete Hoffinani , Chair Pete Hoffmann, Chair Hawaii County Council Hawaii County Council DY/ro Huu•ui'i Cowit.v is on Equal Oppor•tunih%Provider aril E•nrplover