Honolulu Property Tax Assessments Are Down
December 28th, 2009 categories: Rants & Riffs, The Market
If you own a home or condo in Honolulu, you should have received your tax assessment by the time you are reading this. If you are like most of my clients, the assessed value of your property down as compared to last year. At first, this looks like a good thing because you should pay less in taxes because, theoretically, there is less to be taxed. Pacific Business News had a very interesting take on the reduction.
“So city officials will be forced to choose between cuts to services and increases to tax bills.”
CLICK HERE TO READ THE ENTIRE ARTICLE
With the tight economy, let’s hope that the City and County of Honolulu can find a way to make up for the shortage without a significant decrease in essential services.
If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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