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HomeMy WebLinkAboutRES 271 Draft 01 1976-1980 County of Hawaii—State of Hawaii 271 Resolution No. DETERMINING THE REAL PROPERTY TAX RATES FOR THE COUNTY OF HAWAII FOR THE FISCAL YEAR JULY 1, 1978, TO JUNE 30 , 1979 . WHEREAS, Section 248-2 , Hawaii Revised Statutes, as amended, provides that the Council of the County of Hawaii shall determine the tax rates for buildings and for all other real property, exclusive of buildings, for each category of property established in accordance with subsection 246-10 (d) , HRS, as amended, except that the Council shall determine a single tax rate to be applied to net taxable real property within Category I ; and WHEREAS, the Council has taken as a basis for calculating the real property tax rates for the County of Hawaii the following schedule of aggregate values of real property for the various categories in the County of Hawaii assessable for tax purposes as of April 19 , 1978, certified and furnished by the Director of Taxation of the State of Hawaii: Value of Value of Value of Net Taxable Net Taxable Net Taxable Category I Buildings Land Real Property Improved Residential $ 86 ,525 , 602 $186 ,232 ,955 $272 , 758,557 Agricultural 53 ,286 , 342 305 , 484 ,555 358, 770 , 897 Conservation 2 ,075 , 464 20,269 ,175 22 , 344 ,639 Category II Unimproved Residential 5 ,044, 019 43,158,276 48,202 ,295 Hotel/Apartment 157 ,993, 848 69 , 571,480 227,565 , 328 Category III Commercial 51,274 ,591 41,996 , 893 93, 271, 484 -2- Category IV Industrial 30,495, 873 21,276, 071 51,771, 944 TOTAL - ALL CATEGORIES $386, 695 ,739 $687,989 ,405 $1,074,685,144 and WHEREAS, the amount to be raised from real property taxes for the fiscal year July 1, 1978, to June 30, 1979 , is the sum of $19 ,236 , 864; and WHEREAS, under subsection 248-2 (d) , HRS, as amended, the building tax factor is now eighty percent. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the following schedule of rates be and is hereby determined as the respective rates at which real property of the various categories in the County of Hawaii shall be taxed per $1,000 of assessed value for the fiscal year July 1, 1978, to June 30 , 1979 : Tax Rate Per Thousand Net Taxable Real Property Category I $17. 90 Tax Rate Tax Rate Per Thousand Per Thousand Net Taxable Buildings Net Taxable Lands Category II $16. 24 $20. 30 Category III $16. 09 $20.11 Category IV $16.24 $20. 30 271 RESOLUTION NO. ' -3- BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii be and is hereby directed to transmit a certified copy of this Resolution to the Director of Taxation of the State of Hawaii as required by Law. Dated at Hilo, Hawaii this 3rd day of June, 1978 . INTRODUCED BY: ....--- / '''/� . , f COS M" •' NTY OF HAWAII COUNTY COUNCIL ROLL CALL VOTE AYES• NOES A/E County of Hawaii Dahlberg x Hilo, Hawaii Domingo x I hereby certify that the foregoing RESOLUTION was by the vote indicated to Fujii x the right hereof adopted by the COUNCIL of the County of Hawaii on. Garcia x Kawahara x June 3, 1978 Lai x� Sameshima x ATTEST: Tajiri lx 9 Chr.Yamashiro X 8 1 0 Reference: R.B. LEGASPI a' t STEP EN K.Y SHIRO COUNTY CLERK Chairman&Presi ng Officer M.B. No. RESOLUTION NO. 271