Maui Best Property Tax Rates Prevail!

The budget chairman, Riki Hokama, said Friday that he had nixed the mayor’s proposed tiered scheme for property taxes designed to increase income from second homes and investment properties.

His proposed property tax rate structure follows with proposed and current rates per $1,000 of assessed value:• Homeowner, $2.85, $2.86.• Commercialized residential, $4.55, $4.56.• Residential, $5.52, $5.54.• Agricultural, $6, $6.01.• Apartment, $6.31, $6.32.• Conservation, $6.35, $6.37.• Commercial, $7.25, $7.28.• Industrial, $7.45, $7.49.• Short-term rental, $9.28, $9.28.• Hotel and resort, $9.37, $9.37.• Time share, $15.41, $15.43.

Maui continues to have reasonably low real estate tax rates. Contact The Hansen Ohana today for all your real estate needs!

Waiehu Golf Course Saved

Maui County Council Budget and Finance Committee finalized the budget for 2018. The budget includes saving Waiehu Golf Course, and funds to resurface roads. The budget for 2018 fiscal year will take effect on July 1.

The proposed budget is $45.3 million more than the current fiscal years budget. $5.2 million is allocated for road resurfacing, and $2.5 million on environmental protection. Saving the golf course was a priority for the committee.  Other Budget highlights include $4.3 Million for the revitalization of Wailuku town, $25 million for a new county service center at the Maui Business Park in Kahului, $1.2 Million for the expansion of Kula Agricultural Park, just to name a few.

To read this article in its entirety list Maui News here.

Budget For Kaiser Agreed On

A budget for the Maui County hospitals to be run by Kaiser Permanente was agreed upon by legislative officials on Monday.  The $33.4 million budget would include improvement and expansion plans as well.

The final total figure has not been agreed upon, but the two-year budget is expect to run from July 1, 2017 to June 30, 2019. Lawmakers could go to vote as early as tomorrow on budget bills.

Other budget items that may be voted on include $3.7 million for the Paia bypass design, $103 million for Kahului Airport improvements, $9.3 million for Kaanapali Beach restoration, $2 million to replace the gym floor and make band room expansions at Maui High School, and many others! All budget worksheet details are available in the Office of Executive Judiciary and Office of Hawaiian Affairs.

To view this article in it’s entirety visit Maui News here.