Kalawao County Property Tax Rates
The property tax rates for Kalawao County are as follows:
Tax | Rate per $100 of Assessed Value |
---|---|
General | $3.05 |
Residential A | $2.75 |
Residential B | $5.50 |
Agricultural | $6.00 |
Conservation | $0.35 |
Note that these rates are subject to change and may vary based on individual property assessments. It is important to consult with a qualified tax professional for specific and up-to-date information regarding property tax rates in Kalawao County.
Who sets property tax rates in Kalawao County ?
In Kalawao County, property tax rates are set by the County Council. The County Council meets annually to determine the tax rate for the upcoming year. The tax rate is based on the assessed value of the property and is used to fund local government services such as schools, libraries, and public safety. Property owners in Kalawao County receive a tax bill each year based on the assessed value of their property and the current tax rate. It is important for property owners to understand the tax rate and how it is determined in order to effectively manage their finances.
Example of Kalawao County Property Tax Calculation
Kalawao County calculates property taxes based on the assessed value of the property. To determine the assessed value, the county assesses the market value of the property and multiplies it by the current assessment ratio of 9.00%.
For example, if a property in Kalawao County is valued at $100,000, the assessed value would be calculated as follows: $100,000 x 9.00% = $9,000.
Once the assessed value is determined, the county applies the current tax rate to calculate the property tax owed. For the 2021 tax year, the tax rate in Kalawao County is $3.48 per $1,000 of assessed value.
Using the example above, the property tax owed on a property valued at $100,000 would be calculated as follows: $9,000 รท 1,000 x $3.48 = $31.32.
Therefore, for the 2021 tax year, the property owner of a $100,000 property in Kalawao County would owe $31.32 in property taxes.
If you want appeal your property tax assessment - contact your local tax assessor.
Homestead exemptions in Kalawao County ?
To help homeowners in Kalawao County, Hawaii, save money on their property taxes, the county offers a variety of Homestead exemptions and deductions. Here is a comprehensive list of all county-specific exemptions and deductions that can be claimed:
Homestead Exemptions
The Homestead Exemption is a discount on property taxes given to homeowners who live in their home as their primary residence. In Kalawao County, residents can claim the following Homestead Exemptions:
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Basic Exemption | Primary residence | $40,000 assessed value | Must file annually |
Elderly Exemption | Primary residence, 60 years or older | $100,000 assessed value | Must file annually |
Disabled Exemption | Primary residence, 18-59 years old, disabled | $50,000 assessed value | Must file annually |
Surviving Spouse Exemption | Primary residence, surviving spouse of eligible person | Same as eligible person | Must file annually |
Deductions
Deductions are reductions in the assessed value of a property that can lower the amount of property taxes owed. In Kalawao County, residents can claim the following deductions:
Deduction | Eligibility | Amount | Notes |
---|---|---|---|
Homeowner Deduction | Primary residence | $80,000 assessed value | Must file annually |
Circuit Breaker Deduction | Primary residence, income < $100,000 | Varies | Must file annually with State of Hawaii |
It's important to note that there may be other state and federal programs available to help homeowners save money on their property taxes. Homeowners are encouraged to research all available options and consult with their local assessor's office for more information.
By taking advantage of these Homestead exemptions and deductions, homeowners in Kalawao County can significantly reduce their property tax burden and keep more money in their pockets.
When is Kalawao County Property Tax due ?
Kalawao County Property Tax is typically due on the 20th of every August. Property owners are required to make payment before the deadline to avoid penalties and interest charges.
The payment methods accepted for Kalawao County Property Tax are:
- Online payment via the county's website
- Mail-in payment by check or money order
- In-person payment at the county tax office
The county also offers an installment payment plan for those who qualify. This plan allows property owners to pay their property tax in manageable installments throughout the year, rather than in one lump sum.
Here is a summary of the due date and payment methods for Kalawao County Property Tax:
Due Date | Payment Methods |
---|---|
August 20th | Online payment, mail-in payment, in-person payment |
By making payment on time and using the available payment methods, property owners can ensure that they remain in compliance with Kalawao County's property tax regulations.
If you have more questions - contact your local tax collector.
How is Kalawao County Property Tax penalty calculated ?
Kalawao County Property Tax Penalty Calculation
When property owners in Kalawao County fail to pay their property taxes on time, they are subject to penalties and interest charges. The penalty for late payment is calculated as a percentage of the unpaid taxes and accrues on a monthly basis until the taxes are paid in full.
Here is an example of how the penalty is calculated:
Assume a property owner in Kalawao County owes $1,000 in property taxes for the year 2021. The tax payment is due on December 31, 2021. If the payment is not made until January 31, 2022, the penalty would be calculated as follows:
Month | Unpaid Taxes | Penalty Rate | Penalty | Total Due |
---|---|---|---|---|
January 2022 | $1,000 | 1% | $10 | $1,010 |
February 2022 | $1,000 | 2% | $20 | $1,030 |
March 2022 | $1,000 | 3% | $30 | $1,060 |
April 2022 | $1,000 | 4% | $40 | $1,100 |
As shown in the table above, the penalty rate increases each month until the taxes are paid in full. The total amount due will include the original $1,000 in taxes plus the penalty charges.
To avoid penalties and interest charges, property owners in Kalawao County should pay their property taxes on time. Property taxes are due on December 31st of each year, and payments can be made online, by mail, or in person at the Kalawao County Treasurer's office.
We recommend contacting the Kalawao County Tax Office or a local tax professional for the most up-to-date and accurate information.