Higher property values are enabling the county to bump up its spending plan this year by $23.9 million — or 5.5 percent — according to a preliminary budget released Tuesday by Mayor Billy Kenoi.
Source: Mayor releases budget plan; Preliminary numbers show higher property values will allow county to bump up spending | Hawaii Tribune-Herald (http://www.hawaiitribune-herald.com/local-news/mayor-releases-budget-plan-preliminary-numbers-show-property-values-will-allow-county-to-bump-up-spending).
Accessed on 02 March 2016, 15:36 hrs, UTC.
Reporter: Nancy Cook Lauer, “West Hawaii Today.”
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Mayor Billy Kenoi has submitted a preliminary budget of $462.7 million to the Hawaii County Council. According to reporter Nancy Cook Lauer, the “biggest chunk” of the spending plan will be used for Public Safety, with negotiated pay raises for police officers and firefighters being absorbed in the budget.
Opinion: Thanks to the increased value of property on Hawaii Island, the county administration will be able to hire extra Parks and Recreation personnel and help retire the county’s debt a bit faster. Although there is no increase in the property tax rate, a re-evaluation of property values will raise an extra 7.9 percent of income for the county. In effect, your property tax will go up, but not as a direct tax.
The mayor will submit his final county budget plan by early May. The Hawaii County Council will soon schedule public hearings to discuss the mayor’s budget.
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