HomeMy WebLinkAboutRES 642 Draft 01 1980-1980. , _.. b ~x
County of I~awaii-State of Hawaii
Resolution No. ~4z ea
DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII FOR THE
FISCAL YEAR JULY 1, 1983, TO JUNE 30, 1984.
WHEREAS, Section 94(b) of Ordi nance 613, as amended, provides for
establishment of tax rates by the Council of the County of Hawai i for net
taxable land and net taxable build ings of each class of property established
in accordance with Section 56(d) o f Ordinance 613, as amended; a nd
WHEREAS, the Council has taken as a basis for calculating th e real
property tax rates for the County of Hawaii the following schedu le of
aggregate values of real property for the various classes in the County of
Hawaii assessable for tax purposes as of April 19, 1983, certifi ed and
furnished by the Director of Finan ce 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 $ 399,179,840 $ 648,250,008 $1,047,429,848
(B) Unimproved residential 17,627,792 119,363,890 136,991,682
(C) Apartment 478,173,187 149,343,398 627,516,585
(D) Hotel and resort 232,660,686 39,392,820 272,053,506
(E) Commercial 157,299,539 116,920,139 274,219,678
(F) Industrial 93,849,045 54,446,709 148,295,754
(G) Agricultural 297,948,932 1,164,311,905 1,462,260,837
(H) Conservation 4,186,352 47,374,805 51,561,157
TOTAL - ALL CLASSES $1,680,925,373 $2,339,403,674 $4,020,329,047
and
WHEREAS, the amount to be raised from real property taxes for the fiscal
year July 1, 1983 to June 30, 1984, is the sum of $36,942,438.
NOW, THEREFORE, 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, 1983, to
June 30, 1984.
Tax Rate Tax Rate
Classes of Per Thousand Per Thousand
Property Net Taxable Buildings Net Taxable La
(A) Improved residential 8.60 8.60
(B) Unimproved residential 8.60 10.00
(C) Apartment 8.60 10.00
(D) Hotel and resort 8.60 10.00
(E) Commercial 8.60 10.00
(F) Industrial 8.60 10.00
(G) Agricultural 8.60 10.00
(H) Conservation 8.60 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 8th day of June , 1983.
INTRODUCED BY:
!S-'Yt1w~r, ,T ~
COUNCIL MEMBER, COUNT 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 8, 19.83
ATTEST:
~~ `
COUNTY CLE AIRMAN & P IDING OFFICER
ROLL CALL VOTE
AYES NOES
De Luz, III X
Domingo X
Hale '~
Kawahara X
Lai X
Schulte X
Chr. Yamashiro X
Reference:
M.B. No.
RESOLUTION N0. ~~~ ~~