#Property Tax Revenue
Vacation rental phase-out study warns of $1.3 billion hit to Maui’s economy, but glosses over housing for residents
A study funded by a group representing “travel technology innovators,” including short-term rental platforms, is forecasting vast amounts of tax income losses for Maui County if Mayor Richard Bissen’s proposed bill to phase out 7,000 vacation rentals in apartment districts were enacted out to make way for resident housing.
Video: Tavares FY 2011 Budget – Part 2: CIP Funding, TAT Component, Concluding Statements
By Wendy Osher [flashvideo file=http://www.youtube.com/watch?v=jbMYwrjqi2Y /] Maui Mayor Charmaine Tavares unveiled her proposed FY 2011 budget today that calls for 12 furlough days, real property tax adjustments and fee increases for some services. The following video is the second part of her address in which she details highlights of her Capital Improvement Project budget, explains […]