HomeMy WebLinkAboutCOM 0293.007 2016-2018VALERIE T. POINDEXTER
Council Chairwoman & Presiding Officer
Council District 1
Phone: (808) 961-8828
Fax: (808) 961-8912
Email: Poindexter@co.hawaii.hi.us
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.
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:
HAWAII COUNTY COUNCIL
Net Taxable Buildings
(Revenue /o)
Net Taxable Lands
(Revenue /o)
County of Hawai `i
Residential
[ ] 16.73%
[ A]
Hawai `i County Building
B.
Affordable Rental Housing
[8:3�°A] .36%
25 Aupuni Street, Suite 1402
0.18%
c7
Apartment
Hilo, Hawaii 96720
:z
QC')
=—
D.
Hotel and Resort
C—
C=
=C
1.99%
E.
Commercial
[28"] 2.89%
[�$]
2.71%
to
C:)
DATE:
June 5, 2017
-0
nr
Agricultural or Native Forests
[SOA] 9.08%
[9.93-0418.51%
TO:jalene
bers of the Hawaii County Council
0.21%
3>FROM:
1.07%
I.
Homeowner
[fie] 7.69%
[]
6.18%
T. Poindexter, Council Chairwoman
SUBJECT:
A Proposed Amendment to Resolution No. 213-17;
A Resolution Determining the
Real Property Tax Rates for the County of Hawaii for the Fiscal Year July 1, 2017,
to June 30, 2018.
Below is a proposed amendment to Resolution No. 213-17 to amend the real property tax rates as
proposed in the Operating Budget (Bill No. 11, Draft 2) for fiscal year 2017-2018. The
amendment also changes revenues and revenue percentages based on the amended rates.
The proposed amendment is illustrated below in Ramseyer format with respect to Resolution
No. 213-17 (material to be deleted is bracketed and stricken; material to be added is underscored).
Due to the time constraints, a clean copy of Resolution No. 213-17, Draft 2, is not attached.
The enacting clause and the two BE IT FURTHER RESOLVED clauses are amended as follows:
"BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the
approximate percentage of the revenue to be derived from real property taxes for net taxable lands
and net taxable buildings within each class of property are listed as follows:
COMM.
Ref. Tot Un C,1
Ref. ®ate
Hawai 'i County Is an Equal Opportunity Provider and Employer
Classes of Property
Net Taxable Buildings
(Revenue /o)
Net Taxable Lands
(Revenue /o)
A.
Residential
[ ] 16.73%
[ A]
17.00%
B.
Affordable Rental Housing
[8:3�°A] .36%
0.18%
C.
Apartment
[195%] 14.18%
[449%]
4.27%
D.
Hotel and Resort
[345 -OA] 3.06%
1.99%
E.
Commercial
[28"] 2.89%
[�$]
2.71%
F.
Industrial
[fie] 1.90%
[4-.9"0
1.99%
G.
Agricultural or Native Forests
[SOA] 9.08%
[9.93-0418.51%
H.
Conservation
0.21%
1.07%
I.
Homeowner
[fie] 7.69%
[]
6.18%
COMM.
Ref. Tot Un C,1
Ref. ®ate
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:
BE IT FURTHER RESOLVED that based upon the aforementioned resolves, the
Council of the County of Hawaii hereby determines the following schedule of rates to which the
various classes of real property in the County of Hawaii shall be taxed per $1,000 of assessed
valuation for the fiscal year July 1, 2017, to June 30, 2018:
Classes of Property
Tax Rate Per
Thousand Net
Taxable Buildings
Net Taxable Buildings
(Revenue)
A.
Net Taxable Lands
(Revenue)
Net Taxable Real Property
(Revenue)
A.
Residential
$
[4 ,4�-�443-5] 49,601,476
$
[4&,46T,460] 50,383,066
$[96,
-5] 99,984,542
B.
Affordable
Rental Housing
$
1,055,528
$
546,470
$
1,601,998
C.
Apartment
$
[44, ri] 42,042,283
$
[12,4�SI,47-5] 12,643,572
$[«,°
54] 54,685,855
D.
Hotel and Resort
$
9,083,148
$
5,909,664
$
14,992,812
E.
Commercial
$
8,555,622
$
8,021,374
$
16,576,996
F.
Industrial
$
5,629,586
$
5,892,168
$
11,521,754
G.
Agricultural or
Native Forests
$
[2-J48-,233] 26,909,237
$
['6�-5] 25,212,285
$ [54,-90
52,121,522
H.
Conservation
$
621,475
$
3,177,971
$
3,799,446
I.
Homeowner
$
[24,279,6] 22,796,924$
[10, 0°] 18,327,910
$ [43,�
7W,&W] 41,124,834
TOTAL (ALL
CLASSES):
$[f664,003-56]166,295,279
$[13$, 6]130,114,480
$[297,567,642]296,409 759
BE IT FURTHER RESOLVED that based upon the aforementioned resolves, the
Council of the County of Hawaii hereby determines the following schedule of rates to which the
various classes of real property in the County of Hawaii shall be taxed per $1,000 of assessed
valuation for the fiscal year July 1, 2017, to June 30, 2018:
2
Classes of Property
Tax Rate Per
Thousand Net
Taxable Buildings
Tax Rate Per
Thousand Net Taxable
Lands
A.
Residential
$
[44.70] 11.10
$
[44-.70] 11.10
B.
Affordable Rental Housing
$
6.15
$
6.15
C.
Apartment
$
[1.1-.55-5] 11.70
$
[44-.�] 11.70
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�5] 9.35
$
[9-.95] 9.35
H.
Conservation
$
11.55
$
11.55
I.
Homeowner
$
[636] 6.15
$
[6-.5-5] 6.15
2