Monday, November 23, 2009
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Mayor signs property tax bill designed to help owner-occupants
By Star-Bulletin staff
POSTED: 03:23 p.m. HST, Oct 30, 2009
Mayor Mufi Hannemann today gave his approval to a bill creating a separate "homeowner" classification for real property tax assessments.
The new class would open up the possibility of having separate property tax rates for owner-occupants versus other owners who do not live in the property.
"We've always said we wanted to help our local homeowners," Hannemann said at a signing ceremony in his office.
Rates would be set by the City Council.
Bill 51 had been shelved by the City Council at its meeting Tuesday, but it was revived after Hannemann convinced Chairman Todd Apo to change his vote and advance the proposal.
The administration says the new tax class is needed as a tool to help address a looming budget deficit next fiscal year.
Opponents of the measure say it could lead to higher rents and higher taxes on other classes, such as commercial and agricultural property.
Mayor Mufi Hannemann today gave his approval to a bill creating a separate "homeowner" classification for real property tax assessments.
The new class would open up the possibility of having separate property tax rates for owner-occupants versus other owners who do not live in the property.
"We've always said we wanted to help our local homeowners," Hannemann said at a signing ceremony in his office.
Rates would be set by the City Council.
Bill 51 had been shelved by the City Council at its meeting Tuesday, but it was revived after Hannemann convinced Chairman Todd Apo to change his vote and advance the proposal.
The administration says the new tax class is needed as a tool to help address a looming budget deficit next fiscal year.
Opponents of the measure say it could lead to higher rents and higher taxes on other classes, such as commercial and agricultural property.
Today’s Edition
- Troubled bridges over island waters
- Man shot in police encounter
- 70 U.S. Army reservists receive warrior citizen awards
- Family raises $66,000 for son's liver surgery
- Ocean Watch: A love of fish catches new friends, families
- Island Images
- Newswatch
- Police and Fire
- Trader with a taste for risk fishes for tuna from a kayak
- Deal will turn a hospital private, with goal of efficiency
- Readers asked to share holiday horrors
- Easing holiday stress
- It's About Time: An annual reality check can help you reorganize
- Da Kine
- Pet Ohana
- Got nutrients?
- Wahine dominate All-WAC honors
- Hawaii starts defense of its WAC tourney title tomorrow
- Crucial homestand for chance at bowl
- Five big plays from Hawaii's 17-10 victory
- Further Review: Streak means nothing with 8-3 Navy heading in
- Garcia advances at Reef Hawaiian Pro
- Hawaii Beat
- Scoreboard
- Television & Radio
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