HomeMy WebLinkAboutRES 131 Draft 01 1972-1976
County of Hawaii-State of Hawaii
Resolution No. 131
DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII
FOR THE FISCAL YEAR JULY 1, 1973, TO JUNE 30, 1974.
WHEREAS, Section 248-2 of the Hawaii Revised Statutes
provides that the Board of Supervisors, now County Council, of
the County of Hawaii shall determine the tax rates for buildings
and for all other real property, exclusive of buildings, for
each class of property established in accordance with subsection
246-10(d), Hawaii Revised Statutes, except that the Council shall
determine a single tax rate to be applied to net taxable real
property, for each class of 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 following
schedule of aggregate values of real property for the various
classes in the County of Hawaii assessable for tax purposes as
of September 30, 1973, certified and furnished by the Director
of Taxation of the State of Hawaii:
Value of Value of Value of
Net Taxable Net Taxable Net Taxable
Category I Buildings Land Real Property
Improved Residential $ 49,840,404 $127,723,792 $177,564,196
Agricultural 32,197,624 225,478,907 257,676,531
Conservation 1,886,546 21,670,453 23,556,999
Category II
Unimproved Residential 2,743,697 27,468,355 30,212,052
Hotel/Apartment 82,576,875 56,986,754 139,563,629
Category III
Commercial 35,740,693 31,986,622 67,727,315
Category IV
Industrial 21,218,345 16,694,827 37,913,172
Total - All Classes $226,204,184 $508,009,710 $734,213,894
and:
e e ^
WHEREAS, the amount to be raised from real property taxes
for the fiscal year July 1, 1973, to June 30, 1974, is the sum
of $13,142,428; and
WHEREAS, under subsection 248-2(d), Hawaii Revised Statutes,
the building tax factor is now seventy per cent;
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
$1,000.00 of assessed value for the fiscal year July 1, 1973,
to June 30, 1974:
Tax Rate
Per Thousand
Category I Net Taxable Real Property
Improved Residential $17.90
Agricultural 17.90
Conservation 17.90
Tax Rate Tax Rate
Per Thousand Per Thousand
Category II Net Taxable Lands Net Taxable Buildings
Unimproved Residential $18.43 $12.91
Hotel and Apartment 21.76 15.24
Category III
Commercial 21.26 14.99
Category IV
Industrial 21.50 15.05
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RESOLUTION NO. 321'
0 0 ^
BE IT FURTHER RESOLVED, that a certified copy of this
Resolution be transmitted by the County Clerk to the Director
of Taxation of the State of Hawaii, as required by law.
Dated at Honokaa , Hawaii, this 10th day of
October, 1973.
r
INTRODUCED BY:
00,
Councilman, C unty of awaii
AYES: Councilmen Carpenter, De Luz, Farias, Fujii, Hisaoka,
Kawahara, Matayoshi, Yadao & Council Chairman Yamada
NOES: None
ROLL CALL VOTE
COUNTY COUNCIL
AYES NOES A/E
County of Hawaii Carpenter
Hilo, Hawaii De Luz
X
I hereby certify that the foregoing RESOLUTION was by the vote indicated to Farias X
Fujii X
the right hereof adopted by the COUNCIL of the County of Hawaii on.
Hisaoka X
0 Kawahara X
----------------ctober--2.4,-,---- 19-73 Matayoshi X
ATTEST: Yadao X
_ Chr. Yamada X
9
• tING . Referen t C-517.1/FC-11
Robert M. Ya e
Tadashi Suzuki
COUNTY CLERK CHAIRMAN & PICER
M.B. No .
RESOLUTION NO. ..........13.
HPL