HomeMy WebLinkAboutRES 064 Draft 01 1988-1992COUNTY OF HA1M,l~~,= :.,x'S~ATE OF HAWAII
RESOLUTION No.
64 89
DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII FOR THE
FISCAL YEAR JULY 1, 1989, TO JUNE 30, 1990.
WHEREAS, Chapter 19, Article 11, Section 19-90 of the Hawaii County Code,
as amended, provides for 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(d) of the Hawaii County Code, as amended; and
WHEREAS, the Council has taken as a basis for calculating the real
property tax rates for the County of Hawaii the following schedule of
aggregate values of real property for the various classes in the County of
Hawaii assessable for tax purposes as of April 19, 1989, certified and
furnished by the Director of Finance of the County of Hawaii:
Value of Value of Value of
Classes of Net Taxable Net Taxable Net Taxable
Property Buildings Land Real Property
(A) Improved Residential $627,100,563 $862,284,939 $1,489,385,502
(B) Unimproved Residential 24,797,551 214,678,674 239,476,225
(C) Apartment 580,403,689 284,409,304 864,812,993
(D) Hotel and Resort 486,483,228 246,000,285 732,483,513
(E) Commercial 227,632,414 164,881,930 39,514,344
(F) Industrial 123,228,638 95,153,228 218,381,866
(G) Agricultural 401,654,219 1,062,655,224 1,464,309,443
(H) Conservation 5,944,129 _ 101,351,071 107,295,200
TOTAL - ALL CLASSES 21.4771.2441.431_ $3103.1141655 $5~50~659~086
and
WHEREAS, the amount to be raised from real property taxes for the fiscal
year July 1, 1989 to June 30, 1990, is the sum of $50,945,000, based upon the
following:
Current Real Property Tax $48,435,000
Delinquent Real Property Taxes 1,700,000
Interest - Current 55,000
Penalties - Current 175,000
Interest - Delinquent 420,000
Penalties - Delinquent 160,000
Total Estimated Real Property Tax Collections50,945,000
NOW, THEREr'ORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that
the following schedule of rates be and is hereby determined as the respective
rates at which real property of the various classes in the County of Hawaii
shall be taxed per $1,000 of assessed value for the fiscal year July 1, 1989,
to June 30, 1990.
Tax Rate
Classes of Per Thousand
Property Net Taxable Buildin
Tax Rate
Per Thousand
Net Taxable Lands
A. Improved Residential 8.50 8.50
B. Unimproved Residential 8.50 10.00
C. Apartment 8.50 10.00
D. Hotel/Resort 8.50 10.00
E. Commercial 8.50 10.00
F. Industrial 8.50 10.00
G. Agricultural 8.50 10.00
H. Conservation 8.50 10.00
BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii be and is
hereby directed to transmit a certified copy of this Resolution to the
Director of Finance of the County of Hawaii.
Dated at Hilo, Hawaii, this 7th day of June 1989.
INTRODUCED BY:
~•
COUNCIL MEMBER, COUNTY OF HAWAII
COUNTY COUNCIL
County of Hawaii
Hilo, Hawaii
I hereby certify that the foregoing RESOLUTION was by
the vote indicated to the right hereof adopted by the COUNCIL
of the County of Hawaii on Jt!n e 7 , 1 9 89 ,
ATTEST:
nn ~ `~ J
~}cr COUNTY CLERK CHAIRMAN & PRESI ING OFFICER
ROLL CALL VOTE
AYES NOES ABS EX
DOMINGO X
HALE X
INOUYE
KOKUBUN
LAI
MAKUAKANE X
RUDDLE X
SCHUTTE X
YAMASHIRO
Reference
RESOLUTION NO. s4 S9
LA/HAT
355 Kinoole Street P.O. 1 767 Hilo, }IaaGa"ii 96721-07 Phone: (808) 935-6621
INVOICE
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AFFIDAVIT OF PUBLICATION
State of Hawaii i
i SS:
County of Hawaii 1
LEILANI K. R. HIGAKI being first
duly sworn, deposes and says:
1. That she is the BUSINESS MANAGER of
HAWAII TRIBUNE-HERALD, LTD. a
newspaper published in the City of
State of Hawaii.
HILO
2. That the~•NOTICE OF MEETING - Hawaii County Council - Hilo, Hawaii
RESOLUTION 64-89 - FIXING THE REAL PROPERTY TAX RATE FOR THE COUNTY
OF HAWAII FOR THE FISCAL YEAR July 1, 1989, to June 30, 1990 - etc„
", of which a clipping from the newspaper
as published is attached hereto, was published in said newspaper on the following
date(s) May 31. , 19 89 (etc.).
~~, .~ Ld z~ ~ /~ . to / .a~-c-
Subscribed and sworn to before me
this 7th dayyo~f Jrune , 19 8g.
~ti,^NI ~ , 0 I , <~'G~wc~,-w--
I~'otary Public, Third Circuit,
U State of Hawaii
My commission expires October S, It
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