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HomeMy WebLinkAboutCOM 0258.002 1998-2000 a l LY Stephen K. Yamashiro Harry A. Takahashi Direc(or Mayor S.K. Schulte .••O'N N?'~J Deputy County of Hawaii DEPARTMENT OF FINANCE -REAL PROPERTY TAX 865 Piilani Strea • Hilo, Hawaii 96720.4679 • Fax (808) 961-8415 - Appraisers (608) 961-8354 • Clerical (808) 961-8201 • Collections (808) 961-8282 April 30, 1999 The Honorable James Arakaki, Chairman And Members Of The Hawaii County Council County of Hawaii 25 Aupuni Street Hilo, HI 96720 Dear Mr. Arakaki and Council Members: I am embarrassed to report that another error was discovered on the corrected pages of the certification report that was submitted to you on April 27, 1999. I am submitting two replacement pages that are labeled, "CORRECTION TO CORRECTED COPY" at the top of the page. The first page that must be replaced is titled, "CORRECTED COPY, COUNTY OF HAWAII, 1999, ZONE SUMMARY OF TAXABLE PROPERTIES BY LAND CLASS, IMPROVED RESIDENTIAL." This page is dated April 27, 1999 and is listed as PAGE - 1. This page is contained in the folder titled, "1999 ASSESSMENT LIST." The error occurred in the columns labeled LAND and NET LAND in the Zone 2 row. The land value was changed from $277,170,200 to $277,245,200, which represents a $75,000, increase in value. Corresponding adjustments were made to the TOTALS that were reported on that page. The second page that must be replaced is contained in the COUNCIL DISTRICT CERTIFICATION folder. Another error was discovered in the Council District 3 report. The amended copy of the Council District 3 certification report is printed on green paper and is labeled "CORRECTION TO CORRECTED COPY" at the top of the page. This page is dated April 30, 1999 and is labeled PAGE - 3. This page should replace the original corrected copy of the COUNCIL DISTRICT CERTIFICATION report labeled COUNCIL DISTRICT 3, SUMMARY OF TAXABLE PROPERTIES BY LAND CLASS, 1999-00. The error occurred in the columns labeled LAND, EXEMPTION, and NET LAND in the row listed as H/O, which represents the Homeowner CIa~ Sg, • 0 02„ Cotnm. No. File No. Ref. To: Presented Ref. Date, QS - James Arakaki, Council Chairman April 30, 1999 Page 2 The land value was changed from $202,168,100 to $202,093,100, which represents a reduction of $75,000. The exemption was changed from $44,691,015 to $44,684,515, which represents a reduction of $6,500, And finally, the NET LAND was changed from $157,477,085 to $157,408,585, which represents a reducction of $68,500 in the net land value. This change was the result of moving one property from the homeowner class to the improved residential class, thereby increasing the values in the improved residential class and reducing the values in the homeowner class. The parcel counts for the respective classes were adjusted to reflect the change. As I stated earlier, the error is deemed insignificant in relation to the total net taxable value of properties in the County of Hawaii. Again, I sincerely apologize for the error and the confusion this has caused you and the other members of the Council. Please find nine sets of the replacement pages. Since Gary M. 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