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HomeMy WebLinkAboutREP FC 011 10/09/1973 1972-1976 • • FINANCE COMMITTEE REPORT NO. 11 Hawaii County Council Hilo,Hawaii The following are the recommendations of the Finance Committee which were considered at its meeting of October 9, 1973 : COMMUNICATIONS /No. 515 : NET FUNDED DEBT OF THE COUNTY OF HAWAII From Stanley A. Nakamae, Director of Finance, dated September 25, 1973, submitting for concurrence a tabular summary (with supporting schedules) of the net funded debt of the County of Hawaii as of July 1, 1973 : v 517: NET TAXABLE VALUATION OF REAL PROPERTY WITHIN THE COUNTY OF HAWAII From Ralph W. Kondo, Director of Taxation, dated October 4, 1973, submitting his certificate showing the net taxable valuation of real property within the County of Hawaii . This certificate is furnished in connection with the setting of the real property tax rates for the County of Hawaii for the tax year beginning July 1, 1973 : v- 517.1: From Mayor Shunichi Kimura dated October 9, 1973, transmitting for consideration a resolution setting the real property tax rates for the fiscal year 1973-74. In spite of the shortage of 51.3 million in revenues from real property taxes, recommends that the present average tax rate of $17.90 per S1,000 of assessed valuation be retained : The Committee recommends receiving and filing the communications. (Information only. ) ADOPTED: October 10, 1973 Report No. " .�,..� File No. FGv M. D. No. -3c" ... Date: .�.T..�...4...1 .7. .... „. `R is IIV FC-11 - 2 - Oct . 9, 1973 RESOLUTION Res. 131: REAL PROPERTY TAX RATES Determining the Real Property Tax Rates for the County of Hawaii for the fiscal year July 1, 1973, to June 30, 1974: (Intr. by: Mr. Matayoshi ) The Committee recommends passage on first reading . The Committee further recommends that the County Council hold a public hearing on the real property tax rate for the fiscal year 1973-74 in the County Councilroom on October 23, 1973, at 7:30 p.m. 4 ow / . \ H °BERT T . MAPAYOSHI, CHAIRMAN /11.” 1 el—0 f...04.,to a-i e L.-4of IKUO HISAOKA, VICE CHAIRMAN ' 11114 1/141All JO N FAR Ar , JR. , M IBER 122 \ WILLiM S . -AWAHARA, MEMBER