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2nd homes empty property tax rates
#11
Officials estimate the revised structure could generate at least $9 million each year. The bill also requires that no less than $9 million collected annually from the higher tiers be directed toward county-sponsored housing and homelessness programs, unless amended by a future ordinance. 

840 homes generating $9 million in additional property taxes - average increase of  $10,700 per property...
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#12
840 homes generating $9 million in additional property taxes - average increase of  $10,700 per property... 

Looking at this in a different metric, assume each of the 840 homes are just all worth 4,000,000.

An increase of $10,700 per 4 million dollar home equates to a 0.2675% increase.

And lets stay focused as the subterfuge can get pretty thick, but this tax rate applies to ALL homes over 4 million that are NOT the owner's primary residence, are owned but sitting vacant, or are used as rental investments.

Let's also not forget that the bill also requires that no less than $9 million collected annually from the higher tiers be directed toward county-sponsored housing and homelessness programs.

As for this new tax causing rents to go up, I would also have to say the people renting a home valued at 4,000,000 or more can absorb the increase costs. 

But oh, I can hear the wailing, "won't somebody think of the children billionaires?"
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#13
leilianidude - Officials estimate the revised structure could generate at least $9 million each year...

Any chance you could source/link to where ever you copied this from?

840 homes generating $9 million in additional property taxes - average increase of $10,700 per property...
Average increase of at least $10,700 per property if at least $9 million is needed for those county-sponsored housing and homelessness programs.

But just think of all the benefits - if you're one of the other ~70,000 residential properties in Hawai'i County you're less likely to see tax hikes, and potentially your roads, schools, and other essential public infrastructure and services could be better maintained.

HJ - But oh, I can hear the wailing, "won't somebody think of the children billionaires?"
Seriously - I managed to listen in and no one bothered to testify before the council on the matter so apparently all the fat cats were content to be off doing something else, somewhere else. Maybe all are converts to the local church of Ainokea.

https://www.hawaiitribune-herald.com/202...cc09002ebf
The Hawaii County Council voted 5-1 on Wednesday to pass a measure creating a new residential property tax classification for luxury homes worth more than $4 million.
...
During Wednesday’s session, Kagiwada and Hustace commented in support of passing the bill, justifying it as a fair way of filling county coffers while creating a negligible financial burden on those who can most afford it.

“I think we’ve had some good discussions about this, and it’s pretty straightforward, pretty simple,” she said. “It really gives us more flexibility if we want to set up … to consider a more ‘kama‘aina’-centered property tax strategy.”

Using the Hawaiian term for “local,” Kagiwada implied that placing a higher tax burden on wealthy nonlocals is justified, calling the proposed new third-tier for luxury homes “another tool in our tool box.”

Hustace said that passing the bill would “give us another level within our revenue-generating sources,” enabling the county to pay for “big expenses going down the line.”

The new tax classification would only apply to vacant properties, high-end vacation rentals, investment properties, and “second, third (and) fourth homes,” as Kagiwada put it during Wednesday’s meeting. It would not be levied on owner-occupied homes, or on affordable rental and long-term rental properties — which are taxed at lower than residential rates.

The bill would impact 842 parcels, primarily in West Hawaii, with a combined estimated value of $5.3 billion. Since the new tax rate has yet to be determined, it remains unknown how much revenue could be generated from this increase." (more at link)
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#14
www.westhawaiitoday.com/2026/03/05/hawaii-news/council-bill-targets-some-luxury-homes-in-hawaii-county/
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#15
www.westhawaiitoday.com/2026/03/05/hawaii-news/council-bill-targets-some-luxury-homes-in-hawaii-county/

West Hawaii has the same story as the Trib and there is nothing there about the "Officials estimate the revised structure could generate at least $9 million each year. The bill also requires that no less than $9 million collected annually from the higher tiers be directed toward county-sponsored housing and homelessness programs, unless amended by a future ordinance." Can you try again please? I'm hoping you have found that mythical high-factual far-right-of-center Hawaii-related source. Thanks
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#16
"...justifying it as a fair way of filling county coffers while creating a negligible financial burden on those who can most afford it..."
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Typical lib response that they know what someone else can afford while trying to grab more money from folks. Why doesn't the County try to reduce its spending instead, so the County can afford that housing project?
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#17
West Hawaii has the same story as the Trib and there is nothing there about the "$9 million collected annually from the higher tiers be directed toward county-sponsored housing and homelessness programs". Can you try again please? I'm hoping you have found that mythical high-factual far-right-of-center Hawaii-related source. Thanks 

It is actually in the text of the Bill itself:

https://www.hawaiicounty.gov/home/showpu...7207870000
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#18
Typical lib response that they know what someone else can afford

If you say someone who can afford to buy a $4 million dollar home, or a person can afford to rent a $4 million dollar home - - isn’t that a statement of fact? Not a political comment? And they most likely have a budget with more discretionary spending available than average? Again, not political.

If they can’t afford the taxes on a $4 million dollar home, maybe slum it in a $3.75 million dollar place with a smaller pool house?
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#19
HJ - It is actually in the text of the Bill itself: https://www.hawaiicounty.gov/home/showpu...7207870000

While the bill talks about the $9mil it does so in usual legislative language - it does not contain the "Officials estimate..." block of text that leilanidude copied and pasted without a source and then gave the wrong source when asked. It's all very mysterious like, makes one wonder, but try to do as Rob commands - hey leilanidude, can you please provide the actual source for the block of text in your post? Thanks

Protect your brains Punatics - it's not just Rat Lungworm that's trying to tunnel its way in!

Edge - maybe slum it in a $3.75 million dollar place with a smaller pool house?

That'll leave them some extra scratch for these $200 vintage 80s Fat Cat Aloha shirts to blend-in better. "How do you do fellow Hawaiians?"


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#20
it does not contain the "Officials estimate..." block of text that leilanidude copied and pasted without a source 

Dammit! The one time I assumed the Dude gave us credible info!

Now, while assuming and not stating this verbatim as fact, but I assume the quote came from what his AI of choice gave him, as I got when asking the question with my simple Google AI, I managed to get the Dude's "quote" of which I am further assuming the AI simply merged the 9 million "set aside" as contained in the bill as the assumed goal of revenue the bill would achieve.

But yes, Dude, be nice to hear your source.
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