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HomeMy WebLinkAboutCOM 0293.000 2016-2018 OJNSYOiy!; VALERIE T. POINDEXTERn N,,��; Phone: (808)961-8828 Council Chairwoman&Presiding Officer ;,{� �.�►; !%�• Fax: (808)961-8912 Council District 1 f Email: vpoindexter@co.hawaii.hi.us HAWAII COUNTY COUNCIL County of Hawai`i ' Hawai`i County Building Cc, 25 Aupuni Street, Suite 1402 Hilo, Hawai`i 96720 -C rn DATE: May 15, 2017 7p = TO: Members of the Hawai`i County Council FROM: i alerie T. Poindexter, Council Chairwoman RE: Resolution Determining the Real Property Tax Rates for Fiscal Year 2017-2018 Attached is a resolution that establishes the real property tax rates for net taxable buildings and net taxable lands for each class of property in the County of Hawai`i. The schedule of rates at which the various classes of real property in the County of Hawai`i are taxed per $1,000 of assessed valuation have been changed to accommodate the proposed Operating Budget(Bill No. 11, Draft 2) for fiscal year 2017-2018. The new rates, as shown below, are based on Bill No. 11, Draft 2, as submitted by the Mayor. Tax Rate Per Tax Rate Per Classes of Property Thousand Net Thousand Net Taxable Buildings Taxable Lands A. Residential $ 10.70 $ 10.70 B. Affordable Rental Housing $ 6.15 $ 6.15 C. Apartment $ 11.55 $ 11.55 D. Hotel and Resort $ 11.55 $ 11.55 E. Commercial $ 10.70 $ 10.70 F. Industrial $ 10.70 $ 10.70 G. Agricultural or Native Forests $ 9.85 $ 9.85 H. Conservation $ 11.55 $ 11.55 I. Homeowner $ 6.55 $ 6.55 I am requesting that this matter be waived from the Committee on Finance and placed on the agenda for the Special Meeting of the Council scheduled for June 5, 2017. VP/sc Att. 2q 3 Comm. No. 12.45. 2_1'1-11%7 Ref. To: (MAI FC-) Ref. Date MAY 1 7 2017 Hawai`i County is an Equal Opportunity Provider and Employer MAILE MEDEIROS DAVID ot-OF AARON S.Y. CHUNG Chairperson ^ ��J;• DRU MAMO KANUHA "ir` 0SUSAN L.K.LEE LOY KAREN EOFF •- •=' EILEEN O'HARA Vice Chair �e VALERIE T.POINDEXTER • '•�•OF•MAt'•' HERBERT M. "TIM"RICHARDS,III JENNIFER RUGGLES HAWAII COUNTY COUNCIL County of Hawai`i Hawai`i County Building 25 Aupuni Street Hilo,Hawai`i 96720 May 15, 2017 Valerie T. Poindexter, Chairperson Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 RE: Resolution No. 213-17 : A Resolution Determining the Real Property Tax Rates for Fiscal Year 2017-2018 Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawai`i, this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter, timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, 4111gwilrAM- Maile David, Chairperson Committee on Finance (pproveC Date/Waive to Council: Disapproved/Date/Refer to FC: Valerie T. Poindexter, Chairperson 51/6h7 Valerie T. Poindexter, Chairperson Hawai`i County Council Hawai`i County Council Hawai`i County is an Equal Opportunity Provider and Employer