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HomeMy WebLinkAboutCOM 0755.034 2016-2018From: Mark Gordon To: Council Testimony Cc: Ohara, Eileen; Richards, Tim; Sen. Lorraine R. Inouye; Rep. Cindy Evans Subject: Fwd: Property Taxes Date: Sunday, May 27, 2018 2:22:14 PM Hi As an addendum to my Testimony below, I believe efforts should continue to increase the TAT allocations to the Island to the original percentages. Thanks Mark Gordon Waikoloa HI. ---------- Forwarded message ---------- .gmail.com> From: Mark Gordon <mark.�ordon>>>�cr,. Date: Sun, May 27, 2018 at 2:17 PM Subject: Property Taxes To: counciltestimonykhawaiicounty.gov Cc: "Ohara, Eileen" <eoharaLci)co.hawaiJ.,hi. us>, "Richards, Tim" <tim.richards(r)hawai icounty. Li ov> I have read that with the increasing costs incurred by County government due to Kilauea, there is some consideration to property tax increases. F $•u���--rig I believe only as a LAST RESORT should property taxes be raised on full time residents. As we know, an increase in property taxes for full time residents would have an impact on a large number of families, especially those with lower incomes. Some other areas where property taxes could be increased are the following: - Increase the property tax rate for those who have second homes on Hawaii's Island and who are not full time residents of the Island - Increase the tax rate on vacation property rentals - Increase resort and hotel property taxes. The U.S. economy is doing very well. I believe there would not be an decrease in tourism if hotel/resort fees need to be raised. Guests to our Island know and are willing to pay higher room costs. - If needed, increase the tax rate on those property owners only paying the minimum property tax rate Mahalo for allowing me to share my Testimony. Mark Gordon, Waikoloa. III. Mark Gum. Ref. To n �C C3 "< qn =r - Dm g= D� No. __15]�I�q Ww Ref. Date JUN 06 2018 -----