HomeMy WebLinkAboutCOM 0293.002 2016-2018 Eileen O'Hara 6p*� F 7!!, !!!!! !`•':',; Phone: (808) 965-2712
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Council Member :*� �'
Council District 4 `-- , •• Email: eileen.ohara(chawaiicounty.go�
Chair Environmental •,'+rE•a;•H,+'�: Vice Chair Planning Committee and
Management Committee Agriculture, Water&Energy
Sustainability Committee
County of Hawai`i
Hawai`i County Council
25 Aupuni Street, Suite 1402 • Hilo, Hawaii 96720 ,,� C :
(808)961-8255 • Fax (808)961-8912
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DATE: May 23, 2017 Cr"(
s
TO: Valerie T. Poindexter, Council Chair
and Members of the Hawaii County Council
f • .
FROM: Eileen O'Hara, Council Member
Council District 4
SUBJECT: A Proposed Amendment to Resolution No. 213-17; A Resolution Determining the
Real Property Tax Rates for the County of Hawaii for the Fiscal Year July 1, 2017,
to June 30, 2018.
Below is a proposed amendment to Resolution No. 213-17 to amend the real property tax rates as
proposed in the Operating Budget(Bill No. 11, Draft 2) for fiscal year 2017-2018. The amendment
also changes revenues and revenue percentages based on the amended rates. A corresponding
budget amendment to Bill No. 11, Draft 2, has also been submitted for processing.
The proposed amendment is illustrated below in Ramseyer format with respect to Resolution
No. 213-17 (material to be deleted is bracketed and stricken; material to be added is underscored).
Due to the time constraints, a clean copy of Resolution No. 213-17,Draft 2, is not attached.
The enacting clause and the two BE IT FURTHER RESOLVED clauses are amended as follows:
"BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the
approximate percentage of the revenue to be derived from real property taxes for net taxable lands
and net taxable buildings within each class of property are listed as follows:
Classes of Property Net Taxable Buildings Net Taxable Lands
(Revenue %) (Revenue %)
A. Residential [16.07%] 16.36% [16.32%] 16.61%
B. Affordable Rental Housing 0.35% 0.18%
C. Apartment [13.95%] 14.18% [4.19%] 4.26%
D. Hotel and Resort [3.05%] 3.10% [1.99%] 2.02%
E. Commercial [2.88%] 2.93% [2.70%] 2.74%
F. Industrial [1.89%] 1.93% [1.98%] 2.02%
G. Agricultural or Native Forests [9.53%] 9.18% [fie] 8.60%
H. Conservation 0.21% 1.07%
I. Homeowner [8.16%] 7.90% [fie] 6.35%
Comm. No. 2..
Ref. To: Cpum .
Ref. Date MAY 2 4 2Q17
Hawai'i County Is an Equal Opportunity Provider and Employer `
BE IT FURTHER RESOLVED that based upon the assigned percentages of approximate
revenue to be raised, the amount of revenues to be derived from real property taxes for net taxable
lands and net taxable buildings within each class of property are listed as follows:
Classes of Property Net Taxable Buildings Net Taxable Lands Net Taxable Real Property
(Revenue) (Revenue) (Revenue)
A. Residential $ [47,811,035] 48,707,755 $ [18,567,160] 49,475263 $ [96,384495] 98,183,018
Affordable
B. Rental Housing $ 1,055,528 $ 546,470 $ 1,601,998
C. Apartment $ [11,503,279] 42,221,951 $ ['2484475] 12,697,604 $ [53,981,751] 54,919,555
D. Hotel and Resort $ [9,083,118] 9,240,432 $ [5,909,661] 6,011,996 $ [14,992,812] 15,252,428
E. Commercial $ [8,555,622] 8,715,541 $ [8,021,371] 8,171,307 $ [16,576,996] 16,886,848
F. Industrial $ [5,629,586] 5,734,812 $ [5,892,168] 6,002,302 $ [11,521,751] 11,737,114
Agricultural or
G. Native Forests $ [28,318,233] 27,340,936 $ [26,560,535] 25,616,760 $ [51,908,768] 52,957,696
H. Conservation $ 621,475 $ 3,177,971 $ 3,799,446
I. Homeowner $ [24,279,650] 23,538,287 $ [19,519,969] 18,923,939 $ [13,799,619] 42,462,226
TOTAL (ALL
CLASSES): $[166,890,556]1 67,176,717 $[130,677,086]130,623,612 $[297,567,612]297,800,329
BE IT FURTHER RESOLVED that based upon the aforementioned resolves, the Council
of the County of Hawai`i hereby determines the following schedule of rates to which the various
classes of real property in the County of Hawai`i shall be taxed per $1,000 of assessed valuation for
the fiscal year July 1, 2017,to June 30, 2018:
Tax Rate Per Tax Rate Per
Classes of Property Thousand Net Thousand Net Taxable
Taxable Buildings Lands
A. Residential $ [10.70] 10.90 $ [ 0] 10.90
B. Affordable Rental Housing $ 6.15 $ 6.15
C. Apartment $ [11.55] 11.75 $ [11.55] 11.75
D. Hotel and Resort $ [11.55] 11.75 $ [11.55] 11.75
E. Commercial $ [-10 0] 10.90 $ [4-0770] 10.90
F. Industrial $ [ 0] 10.90 $ [10.70] 10.90
G. Agricultural or Native Forests $ [9.85] 9.50 $ [9.85] 9.50
H. Conservation $ 11.55 $ 11.55
I. Homeowner $ [6755] 6.35 $ [e5] 6.35 "
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