Oahu Residential Properties Valued at $145 Billion

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hawaiimoneyblog:

Residential properties on Oahu have been valued at $145.05 billion for the 2012 tax year, up 0.7 percent over this year, according to the latest assessments by the City and County of Honolulu.

The city will base property tax bills on these assessments, once the City Council sets the rates. Property taxes represent a big chunk of the city’s budget: Real property tax revenue is budgeted for $796.5 million this year.

All taxable property on Oahu has been assessed at $180.15 billion, up from $178.26 billion last year.

 

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