HomeMy WebLinkAboutRES 437 Draft 01 1976-1980County of Hawaii—State of Hawaii
Resolution No.. 437
DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII
FOR THE FISCAL YEAR JULY 1, 1979, TO JUNE 30, 1980.
WHEREAS, Section 248-2, Hawaii Revised Statutes, as amended,
provides that the Council of the County of Hawaii shall determine
the tax rates for buildings and for all other real property,
exclusive of buildings, for each category of property established
in accordance with subsection 246-10(d), HRS, as amended, except
that the Council shall determine a single tax rate to be applied
to net taxable real property within Category I; and
WHEREAS, the Council has taken as a basis for calculating
the real property tax rates for the County of Hawaii the follow-
ing schedule of aggregate values of real property for the various
categories in the County of Hawaii assessable for tax purposes as
of April 19, 1979, certified and furnished by the Director of
Taxation of the State of Hawaii:
Category I
Value of
Net Taxable
Buildings
Improved Residential $102,227,592
Agricultural 65,906,113
Conservation 1,231,475
Category II
Unimproved Residential 4,568,326
Value of
Net Taxable
Land
Value of
Net Taxable
Real Property
$204,448,430 $306,676,022
340,626,405
21,356,381
43,469,412
406,532,518
22,587,856
48,037,738
Hotel/Apartment 172,392,886 71,143,126 243,536,012
. 0 0
-2-
Category III
Commercial 55,921,231
Category IV
Industrial 37,721,883
TOTAL - ALL CATEGORIES $439,969,506
and
45,450,025
24,909,458
101,371,256
62,631,341
$751,403,237 $1;191,372,743
WHEREAS, the amount to be raised from real property taxes for
the fiscal year July 1, 1979 to June 30, 1980, is the sum of
$21,324,270; and
WHEREAS, under subsection 248-2(d), HRS, as amended, the
building tax factor is now ninety percent.
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 categories in the County of Hawaii shall be taxed per
$1,000 of assessed value for the fiscal year July 1, 1979, to
June 30, 1980.
Category I
Category II
Category III
Category IV
Tax Rate
Per Thousand
Net Taxable Buildings
$17.15
$17.05
$17.15
Tax Rate
Per Thousand
Net 'Taxable Real Property
$17.90
Tax Rate
Per Thousand
Net Taxable Lands
$19.05
$18.95
$19.05
"4-' 437
RESOLUTION R9(�"
-3 -
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 Taxation of the State of Hawaii as
required by Law.
Dated at Hilo, Hawaii, this 6th day of June , 1979.
INTRODUCED BY:
COU CILjOF
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 61979
-- ........r......----......_.....
ATTEST:
�IE �2ga�,oj
B. LEGASP�I'/
COUNTY CLERK
i
�V
TEP EN ASHIflO
hairman & ding Officer
ROLL
CALL VOTE
AYES
NOES A/E
Dahlberg
x
Domingo
x
Fujii
x
Garcia
x
Kawahara
x
Lai
x
Sameshima
x
Tajiri
x
Chr. Yamashiro
x
7
2 0
Reference: ...........
M.B. No. ..... ............... .._..._... _....._...
RESOLUTION NO. ..
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