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BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the <br /> approximate percentage of the revenue to be derived from real property taxes for net taxable <br /> lands and net taxable buildings within each class of property are listed as follows: <br /> Net Taxable Net Taxable <br /> Classes of Property Buildings Lands <br /> (Revenue %) (Revenue%) <br /> A. Residential 16.73% 17.00% <br /> B. Affordable Rental Housing 0.36% 0.18% <br /> C. Apaituient 14.18% 4.27% <br /> D. Hotel and Resort 3.06% 1.99% <br /> E. Coimiercial 2.89% - 2.71% <br /> F. Industrial 1.90% 1.99% <br /> G. Agricultural or Native Forests. 9.08% 8.51% <br /> H. Conservation 0.21% 1.07% <br /> I. Homeowner 7.69% 6.18% <br /> BE IT FURTHER RESOLVED that based upon the assigned percentages of <br /> approximate revenue to be raised, the amount of revenues to be derived from real property taxes <br /> for net taxable lands and net taxable buildings within each class of property are listed as follows: <br /> Net Taxable Net Taxable Net Taxable <br /> Classes of Property Buildings Lands Real Property <br /> (Revenue) (Revenue) (Revenue) <br /> A. Residential $ 49,601,476 $ 50,383,066 $ 99,984,542 <br /> B. Affordable Rental Housing $ 1,055,528 $ 546,470 $ 1,601,998 <br /> C. Apartment $ 42,042,283 $ 12,643,572 $ 54,685,855 <br /> D. Hotel and Resort $ 9,083,148 $ 5,909,664 $ 14,992,812 <br /> E. Commercial $ 8,555,622 $ 8,021,374 $ 16,576,996 <br /> F. Industrial $ 5,629,586 $ 5,892,168 $ 11,521,754 <br /> G. Agricultural or Native Forests $ 26,909,237 $ 25,212,285 $ 52,121,522 <br /> H. Conservation $ 621,475 $ 3,177,971 $ 3,799,446 <br /> I. Homeowner $ 22,796,924 $ 18,327,910 $ 41,124,834 <br /> TOTAL(ALL CLASSES): $ 166,295,279 $ 130,114,480 $ 296,409,759 <br /> 2 <br />