HomeMy WebLinkAboutRES 333 Draft 01 1988-1992C.
COUNTY OF HAVI~ ~'``-!S'~'ATE OF HAWAII
J
4 < S.
RESOLUTION No.
333 91
DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII FOR THE
FISCAL YEAR JULY 1, 1991 TO JUNE 30, 1992.
WHEREAS, Chapter 19, Article 11, Section 19-90 of the Hawaii County Code,
as amended, provides for 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(d) of the Hawaii County Code, as amended; and
WHEREAS, the Council has taken as a basis for calculating the real
property tax rate 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, 1991, 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 $ 730,920,455 $1,141,529,648 $1,872,450,103
(B) Apartment 761,266,762 516,141,096 1,277,407,858
(C) Commercial 275,409,455 202,657,570 478,067,025
(D) Industrial 146,789,018 116,863,891 263,652,909
(F.) Agricultural 501,534,004 1,335,222,699 1,836,756,703
(F) Conservation 17,146,950 171,300,679 188,447,629
(G) Hotel and Resort 619,670,434 410,597,524 1,030,267,958
(H) Unimproved Residential 29,964,807 346,106,973 376,071,780
TOTAL - ALL CLASSES $3,082,701,885 $4.240,420,080 $7,323,121,965
and
WHEREAS, the Administration has determined that they anticipate collecting
96.96 of assessments; and
WHEREAS, in order to assure that real property taxes are levied upon all
applicable real property owners, the real property tax rates are based upon
the following total revenues:
Revenue Collection Based on 96.96 of
Amount of Unanticipated Collections
Total Revenues to be Derived from Real
Assessments
Property
$64,861,000
2,033,788
66,8
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that
the following percentages of the revenues to be derived from current real
property taxes are assigned to the net taxable lands and net taxable buildings
within each of the following classes of property:
Classes Revenue Percentage Revenue Percentage
of Property Net Taxable Building Net Taxable Land
Percentage Percentage
(A) Improved Residential 9.29 14.50
(B) Apartment 9.67 7.72
(C) Commercial 3.50 3.03
(D) Industrial 1.87 1.75
(E) Agricultural 6.37 19.96
(F) Conservation 0.22 2.56
(G) Hotel and Resort 7.87 6.14
(H) Unimproved Residential 0.38 5.17
BE IT FURTHER RESOLVED that based upon the assigned percentages of
revenues to be raised, the amount of revenues to be derived within the net
taxable buildings and net taxable lands of each class are listed as follows:
Classes of Revenues Revenues Revenues
Property Net Taxable Net Taxable Net Taxable
Buildings Lands Real Property
(A) Improved Residential $ 6,212,820 $ 9,702,996 $15,915,816
(B) Apartment 6,470,761 5,161,410 11,632,171
(C) Commercial 2,340,976 2,026,570 4,367,546
(D) Industrial 1,247,706 1,168,630 2,416,336
(E) Agricultural 4,263,039 13,352,220 17,615,259
(F) Conservation 145,741 1,713,000 1,858,741
(G) Hotel and Resort 5,267,195 4,105,970 9,373,165
(H) Unimproved Residential 254,694 3,461,060 3,715,754
Total - All Classes $26,202,932 $40,691.856 $66,894,788
BE IT FURTHER RESOLVED that based upon the a forementioned resolves, the
Council of the County of Hawaii hereby determine s the following schedule of
rates to which the various classes of real prope rty in the Cou nty of Hawaii
shall be taxed per $1,000 of assessed valuation for the fiscal year July 1,
1991, to June 30, 1992.
Tax Rate Tax Rate
Classes of Per Thousand Per Thousand
Property Net Taxable Bu ldings Net Taxable Lands
(A) Improved Residential $8.50 $ 8.50
(B) Apartment 8.50 10.00
(C) Commercial 8.50 10.00
(D) Industrial 8.50 10.00
(E) Agricultural 8.50 10.00
(F) Conservation 6.50 10.00
(G) Hotel/Resort 8.50 10.00
(H) Unimproved Residential 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 5th day of June , 1991.
INTRODUCED BY:
OUNCIL MEMBER, C UNTY 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 June 5 1 9~1 .
ATTEST:
~ • N--~
COUNTY C ERK CHAIRMAN & PRES~ NG OFFICER
LA/HAT
ROLL CALL VOTE
AYES NOES ABS EX
ARAKAKI X
DE LIMA
DOMINGO X
HALE
KOKUBUN X
LAI X
MAKUAKANE X
RUDDLE X
SCHUTTE X
9 0 0 0
Reference
RESOLUTION NO. .3~ g1
AFFIDAVIT OF PUBLICATION
State of Hawaii
County of Hawaii
SS:
YEMI TOKUNAGA ,being first
duly sworn, deposes and says:
1. That she is the
SECRETARY
WEST HAWAII TODAY INC.
publisher of West Hawaii Today, a newspaper published in the City of
KAILUA-KONA ,State of Hawaii.
2. That the " .~U'~ ~Ci: OF PUBLIC HEARIaVG, HAWAII CUUN`PY
i,UUtVCZ~, DATES: yr~dr:r:~E;day~~Y~~ t991~ `~'=1~lEti: 7eQ0 ~ •rt~-~
PLACES; County Cuur:cilroom ••• of which a clipping from the newspaper
as published is attached hereto, was published in said newspaper on the
followingdatrlsl l~,~y l0 ,19 91 (etc..
~ ~,
Subscribed and sworn to before me
this ~~~ day of ,19 ~f .
O~Glit,Gt_ /~
Notary Public, Third Circuit,
State of Hawaii
My commission expires
AFFIDAVIT OF PUBLICATION
State of Hawaii )
~ SS:
County of Hawaii ~
YEMI TOKUNAGA ,being first
duly sworn, deposes and says:
1. That she is the
SECRETARY
WEST HA~L'AII TODAY INC.
publisher of West Hawaii Today, a newspaper published in the City of
KAILUA-KONA
State of Hawaii.
2. That the " ~ -
H110. k1dWd 11 LJC)'1'?C'. NF. R'w:RV C_T VF!A r' ..,pl . a. i!
C h~~ ter 1'+, anti • it ", of which a clipping from the newspaper
as published is attached hereto, was published in said newspaper on the
followingdatelsl ~~' ~i" ~a ,19ky ~etc.~.
Subscribed and sworn to before me
this ~ day of yltlc.t, ,19 Qf .
O~tae~- d'+~.cra~
Notary Puhlic, Third Circuit,
State of Hawaii
My commission expires $-/ a i a ~
F ~ r,