Tax relief solution for Kalihi residents submitted to council - Hawaii News Now - KGMB and KHNL

Tax relief solution for Kalihi residents submitted to council

HONOLULU (HawaiiNewsNow) Acting Honolulu Mayor Kirk Caldwell submitted a bill to the City Council Wednesday that contains the specifics on how approximately 250 Kalihi residents can get relief from property taxes that have in some cases quadrupled. The residents however, have only one week to act in order to take advantage of the relief.

The city sent out letters Wednesday to the affected residents explaining how the proposal will work. In order to qualify, the owners will have to return their applications by next Wednesday, September 1. On the application the homeowners will be required to dedicate their property for residential use only for the next five years. The applications will then have to be approved by the city assessor's office.

If the application is approved, the taxpayers will be charged the residential rate for the current year. They will still have to make payments on the current tax bills now being collected, but overpayments will be refunded. The measure still has to be approved by the council in order to take effect.

Applications can be downloaded at this website:

https://www.realpropertyhonolulu.com/portal/rpadcms?parent=HOME&code=-1

More about this story on HawaiiNewsNow.com:

Kalihi residents may eventually get relief from huge property tax hike

Hannemann and Abercrombie debate property tax hike

Property tax quadruples for needy families in Kalihi

Copyright 2010 Hawaii News Now. All rights reserved.

Powered by Frankly