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HomeMy WebLinkAboutCOM 0289.001 2012-2014 N,' h`'`' Nancy E. Crawford William P.Kenoi :p cl't'+�l Director Mayor - •SAr�"�",0.1*: Deanna S. Sako i�•; M; p Deputy Director 44 of IVO County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8248 June 3, 2013 n • oc) c_o J Yoshimoto, Council Chair and W —4 Members of the Hawai`i County Councilt7 Hawai`i County Council S _Er- 25 Aupuni Street ; Hilo, Hawai`i 96720 _" co Re: Bill 85 —Relating to Vehicle Registration Fees and Weight Tax On May 16, 2013 we transmitted Communication 289, submitting a bill for an ordinance to set the County of Hawai`i's vehicle registration fees at $12, to increase motor vehicle weight taxes by a half cent, and to set minimum weight tax at $12. These fees and taxes have not been increased since 2002 and 2004, respectively. Revenue from these fee and tax adjustments was instrumental in achieving a balanced operating budget for FY 2013-14. That budget strategically invests in the service improvements our community has been demanding. In the area of transportation, that includes keeping our island roadways in better condition and improving the operations of the Vehicle Registration and Licensing Division. Attached to this communication is a summary of relevant information showing current and proposed Hawaii County fees and weight tax, along with comparative rates for other counties. As shown in that summary, our proposed fees and tax rates are at or below the lowest rates in the state. Thank you for your consideration of Bill 85. If you have any questions, please do not hesitate to contact me at 961-8234 or by email. � L so Nancy Crawford Director of Finance Comm. No. Ref.To: �L Ref. Date JUN _ Hawaii County is an Equal Opportunity Provider and Employer Vehicle Registration Fee and Weight Tax Increase Vehicle Registration Fee: Hawai`i County Hawaii County Honolulu Maui Kauai Current Proposed $5.00 $12.00 $20.00 $17.50 $17.00 • Fee has not increased since 2002 • Additional General Fund revenue reflected in FY 2013-14 budget is $894,600 Weight Tax: Hawai`i Hawai`i Weight Tax County County Honolulu Maui Kauai per Pound Current Proposed Passenger $0.0075 $0.0125 $0.0500 $0.0275 $0.0125 Freight $0.0200 $0.0250 $0.0550 $0.0400 $0.0250 Total Minimum Tax $6.00 $12.00 $12.00 $12.00 $12.00 • Proposed increase is a half cent each for Passenger Tax and Freight Tax to 1.250 and 2.50, respectively • Tax not increased since 2004 • Additional Highway Fund revenue reflected in FY 2013-14 budget is $1,881,680 Impact from fee and weight tax increase: Hawai`i Hawaii Sample County County Honolulu Maui Kauai Vehicle Current Proposed Toyota Camry (3,540 Ibs) $152.00 $176.70 $311.45 $227.30 $173.70 Ford F-110 Commercial (5,560 Ibs) $285.90 $320.70 $489.50 $401.60 $317.70 • Toyota Camry - $24.70 annual increase • Ford F-110 Pickup (commercial) - $34.80 annual increase