With the Assessment Property Values increasing over prior year, keeping the rates the same will in fact and effect be a property Tax increase already. Seems too often that the Maui Government officials do not understand that and when they increase the rates as well, they are compounding the net increase much more than they considered. The WMTA intends to make that point clear in our testimony regarding rates, to hold the line as that will already provide the County with significantly more income. We do not know what that exact amount of increase would be pending appeals and hope that a good number will be available to the Council and Administration to know prior to setting any new rate increases.
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