Budget Chair Radiant Cordero and Permitted Interaction Group Call Special Meeting to Encourage Community Input on Long-Term Tax Relief Tax Relief

FOR IMMEDIATE RELEASE

BUDGET CHAIR RADIANT CORDERO

Honolulu City Council - District 7

May 10, 2023

 HONOLULU, HAWAI’I - Budget Chair Cordero, in collaboration with the Permitted Interaction Group (PIG), has announced a special meeting on Real Property Taxation (RPT). The meeting will take place on Tuesday, May 16, at 10:00 a.m. at Honolulu Hale and will focus on further exploring long-term tax relief solutions for the community.

 "Real Property Taxation is a complex issue; while it allows us to provide crucial services and infrastructure, we also understand the financial effects fluctuating property values can have on our community. This is why it is imperative that we work together with the community to explore long-term solutions that provide real property tax relief while still ensuring the funding necessary for vital public services," said Cordero.

 During the meeting, Cordero and the PIG will discuss bills and proposals addressing issues concerning RPT such as long-term rental classifications or exemptions, modifications to the real property tax credit, homeowner exemptions, and residential and residential A classifications. They will also provide an opportunity for community members to communicate their thoughts on their experiences with RPT.

 "This is a major concern for our community and we want to ensure that their voices are heard. We encourage everyone to participate in the hearing and share their perspectives with us," added Cordero.

 The meeting is open to the public and any individuals interested in providing written or oral testimony should visit hnldoc.ehawaii.gov/hnldoc/testimony. (View agenda)

 Cordero represents City Council District 7, which spans from Kapālama Kai to ʻAiea and includes Kalihi Kai, Kahauiki, Mauliola (Sand Island), Moku Mokauea, Moanalua, Āliapaʻakai (Salt Lake), Māpunapuna, Āhua (Airport), Āliamanu, Kapūkakī (Red Hill), Kapuaikaula (Hickam), Mokuʻumeʻume (Ford Island), Hālawa, Kalauao, and Waimalu Kai. 

Cordero along with Council Chair Waters, Vice Chair Kiaʻāina, and Budget Vice Chair Weyer were designated as members of the PIG through Resolution 23-40, which

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