Attached is the current schedule of real property taxes for the various counties in the State of Hawaii. The most significant change from the previous fiscal year is the adoption of a two tiered tax rate applicable to the Residential A classification on Oahu. The new Residential A tax rate tiers are as follows:
- $4.50 per $1,000 will be applied to the net taxable value of Oahu Residential A property up to $1,000,000; and
- $9.00 per $1,000 will be applied to the net taxable value of Oahu Residential A property in excess of $1,000,000.
There were no other changes to real property tax rates for the County of Honolulu (Oahu). There were no changes to the County of Kauai real property tax rates. There were incremental increases to all County of Maui real property tax rates, and incremental increases to all County of Hawaii real property tax rates except the Affordable Rental Housing and Homeowner tax rates.
Attached for your convenience are the 2016-2017 and 2017-2018 rate schedules for all counties and a flyer setting forth the criteria for the new two tier Residential A classification for Oahu.
Please feel free to download these flyers or to contact any First American Title – Hawaii representative for color copies.