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HomeMy WebLinkAboutCOM 0962.003 2018-2020 Aaron S. Y. Chung c°J�� �� Phone No.: (808)961-8272 �. li1,; `, Chair and Presiding Officer • • , Fax No.: (808)961-8912 Hawaii County Council _ aaron.chung@hawaiicounty.gov • Council Member District 2 -•'_ _- HAWAI`I COUNTY COUNCIL County of Hawai Hawaii County Building '-? 25 Aupuni Street Hilo, Hawaii 96720 KM • E LJ DATE: June 5, 2020 TO: Members of the Hawai`i County CouncilO -- FROM: gNI Aaron S. Y. Chung, Council Chair RE: Resolution Determining the Real Property Tax Rates for Fiscal Year 2020-2021 Attached is Resolution No. 658-20 as amended to Draft 2 with the contents of Communication Nos. 962.1 and 962.2 and duly approved by the Council on June 4, 2020. Resolution No. 658-20, Draft 2, 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 for fiscal year 2020- 2021, as follows. Classes of Property Tax Rate Per Tax Rate Per $1,000 Net Taxable $1,000 Net Buildings Taxable Lands A. Residential Tier 1 $ 11.10 $ 11.10 Residential Tier 2 $ 13.60 $ 13.60 B. Affordable Rental Housing $ 6.15 $ 6.15 C. Apartment $ 11.70 $ 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 $ 9.35 $ 9.35 H. Conservation $ 11.55 $ 11.55 I. Homeowner $ 6.15 $ 6.15 ASYC/de Att. Comm.No. .CIL/2' Ref.'`To: COUP Cl Ref.Date JUN 4 2Q2.0 Hawai`i County Is an Equal Opportunity Provider and Employer