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HomeMy WebLinkAboutRES 388 Draft 01 1980-1984County of Hawaii—State of Hawaii Resolution No. 388 82 DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII FOR THE FISCAL YEAR JULY 1, 1982 TO JUNE 30, 1983. WHEREAS, Section 94 (b) of Ordinance 613, 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 Section 56 (d) of Ordinance 613; 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, 1982, certified and furnished by the Director of Finance of the County of Hawaii: and WHEREAS, the amount to be raised from real property taxes for the fiscal year July 1, 1982 to June 30, 1983 is the sum of $36,386,861. 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, 1982 to June 30, 1983. Value of Value of Value of Classes of Classes of Net Taxable Net Taxable Net Taxable Taxable Buildings Property Buildings Land Real Property $14.90 (A) Single-family residential $186,091,388 $ 408,182,546 $ 594,273,934 (B) Two or more family residential 15,498,290 22,710,759 38,209,049 (C) Apartment 269,653,189 93,221,781 362,874,970 (D) Hotel and resort 128,785,215 20,2401680 149,025,895 (E) Commercial 82,114,389 68,562,266 150,676,655 (F) Industrial 53,388,047 32,937,495 86,325,542 (G) Agricultural 145,595,371 626,294,810 771,890,181 (H) Conservation 2,368,491 25,212,545 27,581,036 TOTAL - ALL CLASSES $883,494,380 $1,297,362,882 $2,180,857,262 and WHEREAS, the amount to be raised from real property taxes for the fiscal year July 1, 1982 to June 30, 1983 is the sum of $36,386,861. 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, 1982 to June 30, 1983. Tax Rate Tax Rate Classes of Per Thousand Per Thousand Property Net Taxable Buildings Net Taxable Lands (A) Single-family residential $14.90 $17.90 (B) Two or more family residential 14.90 17.90 (C) Apartment 14.90 17.90 (D) Hotel and resort 14.90 17.90 (E) Commercial 14.90 17.90 (F) Industrial 14.90 17.90 (G) Agricultural 14.90 17.90 (H) Conservation 14.90 17.90 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 1982. INTRODUCED /BY: COUNCIL MEMBER, COUNTY OFF 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 7, 1982 ATTEST: 9?, /�, COUNTY CLE ROLL CALL VOTE 1AYESI NOES A/E s x —T— De Luz, III x Domingo x Fujii x Hale x Kawahara x Lai x Schutte x Chr. Yamashiro x Reference: M.B. No. FFICER 388 62 RESOLUTION N0.