Example of Kauai County Property Tax Calculation
Kauai County Property Tax is calculated based on the assessed value of the property. The County's Assessor's Office determines the assessed value of the property, which is then multiplied by the property tax rate.
For example, if a property in Kauai County has an assessed value of $500,000 and the property tax rate is 1%, the property tax would be $5,000 per year. This means that the property owner would need to pay $5,000 in property tax to the County each year.
It is important to note that the property tax rate can vary depending on the location and type of property. Additionally, Kauai County offers various exemptions and tax credits for eligible property owners such as senior citizens, veterans, and those with disabilities. Property owners can contact the County's Assessor's Office for more information on exemptions and tax credits.
If you want appeal your property tax assessment - contact your local tax assessor.
Kauai County Property Tax Rates
The Kauai County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Residential | $5.70 |
| Agricultural | $6.00 |
| Conservation | $6.05 |
| Hotel and Resort | $9.85 |
| Commercial | $8.85 |
| Industrial | $8.85 |
It is important to note that these rates are subject to change and individuals should always verify with the appropriate authorities.
Who sets property tax rates in Kauai County ?
In Kauai County, property tax rates are set by the County Council. This happens annually in June, during the budget approval process. The council considers revenue needs, public services, and community input before setting the rates. The rates are based on the assessed value of the property, and are used to fund county services such as police, fire, and schools. Property owners can view their property tax bills online or in person at the county tax office.
Homestead exemptions in Kauai County ?
Table: Kauai County Homestead Exemptions and Deductions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Residential Exemption | Primary residence | $160,000 | Applies to assessed value of primary residence. |
| Veterans Exemption | Veterans with 100% service-related disability | $120,000 | Applies to assessed value of primary residence. |
| Circuit Breaker | Low-income seniors/disabled | Varies | Based on income and property value. |
| Historic Preservation | Historic properties | Varies | Based on property value and level of preservation. |
| Neighbor Island | Non-primary residence owners | Varies | Based on property value and residency status. |
| Homeowner Assistance | Homeowners with limited income | Varies | Based on income and property value. |
Kauai County in Hawaii offers several Homestead exemptions and deductions to eligible residents. These exemptions and deductions aim to provide financial relief to individuals who own and occupy their primary residence in the county. Here are the county-specific Homestead exemptions and deductions:
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Residential Exemption: This exemption applies to the assessed value of the primary residence of the homeowner. The homeowner can receive up to $160,000 off their assessed property value.
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Veterans Exemption: Veterans with a 100% service-related disability can receive up to $120,000 off their assessed property value.
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Circuit Breaker: Low-income seniors and disabled individuals may qualify for the Circuit Breaker program. The amount of relief provided varies and is determined by income and property value.
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Historic Preservation: Property owners with a historic property may qualify for a Homestead exemption. The amount of relief varies based on property value and level of preservation.
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Neighbor Island: Non-primary residence owners on Kauai may qualify for a Homestead exemption. The amount of relief varies based on residency status and property value.
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Homeowner Assistance: Homeowners with limited income may qualify for a Homestead exemption. The amount of relief varies based on income and property value.
These Homestead exemptions and deductions in Kauai County can help eligible residents save money on property taxes. It's important to note that each exemption has specific eligibility requirements, and some exemptions may have additional notes or regulations. Homeowners in Kauai County should research and speak with a tax professional to determine which exemptions they may qualify for.
When is Kauai County Property Tax due ?
Kauai County Property Tax is typically due on August 20th each year. However, if August 20th falls on a weekend or holiday, the deadline is extended to the next business day.
There are several methods to make property tax payments in Kauai County:
| Payment Method | Details |
|---|---|
| Online | Payments can be made through the Kauai County website using a credit or debit card. |
| Payments can be mailed to the Kauai County Treasurer's Office. Checks or money orders should be made payable to "County of Kauai." | |
| In-Person | Payments can be made in person at the Kauai County Treasurer's Office or at select Safeway stores on Kauai. Cash, check, or credit/debit card payments are accepted. |
| Installments | Property owners may also choose to pay their property taxes in four equal installments throughout the year. The due dates for installments are February 20th, May 20th, August 20th, and November 20th. |
It is important for property owners to make their payments on time to avoid penalties and interest charges. If you have any questions about Kauai County Property Tax payments, please contact the Kauai County Treasurer's Office.
If you have more questions - contact your local tax collector.
How is Kauai County Property Tax penalty calculated ?
Kauai County Property Tax Penalty Calculation:
When a property owner fails to pay their property taxes on time in Kauai County, penalties may be assessed. The penalty is calculated based on the amount of the unpaid taxes and the length of time the payment is overdue.
Here's an example of how the penalty is calculated:
| Situation | Amount of Unpaid Taxes | Length of Time Overdue | Penalty Rate | Penalty Amount |
|---|---|---|---|---|
| Unpaid taxes | $10,000 | 1 month late | 1% | $100 |
| Unpaid taxes | $10,000 | 3 months late | 3% | $300 |
| Unpaid taxes | $10,000 | 6 months late | 6% | $600 |
| Unpaid taxes | $10,000 | 12 months late | 12% | $1,200 |
As you can see in the table above, the penalty rate increases as the length of time the payment is overdue increases. For example, if a property owner owes $10,000 in property taxes and is only 1 month late, their penalty would be 1% of the unpaid taxes, or $100. However, if they are 12 months late, the penalty would be 12% of the unpaid taxes, or $1,200.
It's important to note that the penalty is in addition to the unpaid taxes owed. Therefore, if a property owner fails to pay their property taxes on time and incurs a penalty, they will owe both the unpaid taxes and the penalty amount.
In conclusion, property owners in Kauai County should make every effort to pay their property taxes on time to avoid penalty fees.
We recommend contacting the Kauai County Tax Office or a local tax professional for the most up-to-date and accurate information.