#transient accomodation tax

Half way into the current 2012 fiscal year, statewide general fund tax collections are up by 16.0% compared with the 2011 fiscal year.

Hawaii tax revenues were $1.2 billion for July through September, a 32.4% increase as compared to the same period a year ago, according an announcement Thursday by the Hawaii State Department of Taxation.

By Wendy Osher The state legislature did not vote before Friday’s deadline on a proposal to take the county’s share of the Transient accommodation tax or TAT.  Now it’s a wait and see situation as county mayors across the state monitor the latest developments. “We’re not out of the woods quite yet,” said Maui Mayor […]

The Maui County Council unanimously passed an amended budget on first reading this afternoon.  Council Chair Danny Mateo said that not everybody got what they wanted, but “during these tough economic times, the bottom line is to live within one’s means and take an efficient approach.” The council reinstated $4 million in funding for road […]

More than a dozen people signed up to testify today on the county budget as the council resumes deliberations in the hopes of finalizing the document. The council had trimmed $18 million from the budget earlier this month amid uncertainty over access to the county’s share of the transient accommodation tax (TAT). Since then, a […]

Governor Linda Lingle is trying to rally support behind her efforts to veto three bills calling for tax increases.  One of the bills calls for a 28 percent hike in the hotel room tax. Anther bill calls for an increase in conveyance tax for land purchases over $2 million.  And a final bill would increase […]