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HomeMy WebLinkAboutCOM 0866.000 2008-2010William P. Kenoi Mayor July 13, 2010 J Yoshimoto, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 County of Hawaii Finance Department 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720 (808) 961 -8234 • Fax (808) 961 -8248 Re: Amendment to the Hawaii County Code JUL 1 Nancy E. Crawford Director Deanna S. Sako Deputy Director Enclosed is a bill for an ordinance amending Chapter 19, related to Real Property Tax. Section 19 -90(e) is amended to delete language that provides for certain properties receiving a home exemption or totally disabled veteran exemption to be charged a minimum tax of less than $100. This change would result in all properties with a market value greater than $500 being taxed a minimum of $100. The County Code currently allows for reductions below the $100 minimum tax for a property owner receiving a home exemption or totally disabled veteran exemption which results in the minimum tax, when the assessed value of the improvements is $75,000 or Tess. The proposed change would affect approximately 6000 properties and result in increased tax revenue of approximately $270,000. If there are any questions, please do not hesitate to call Stan Sitko, Real Property Tax Administrator. Approved: Nancy E. Crawford Director of Finance iam P. enoi Mayor Enclosure < 11 d,to Hawaii County is an Equal Opportunity Provider and Employer Comm No. ?COQ, Ref. Tos 2010