NO CHANGE IN TAX RATES

May 16th, 2008

At a meeting on Wednesday, the Maui County Council set the property tax rates for Maui real estate for the 2008-2009 fiscal year. The rates are as follows:

 

 Homeowner: $2 per $1,000 of assessed value.

• Improved residential: $4.85.

• Apartment: $4.55.

• Commercial: $6.25.

• Industrial: $6.50.

• Agricultural: $4.50.

• Conservation: $4.75.

• Unimproved residential: $5.35.

• Hotel: $8.20.

• Time share: $14.