Honolulu property-tax resolution: revenue simulator
Current law compared directly with the proposed resolution, using the 2026 assessment roll and FY2026–27 certified revenue totals.
Exactly where revenue changes
| Component | Current law | Resolution | Change |
|---|---|---|---|
| Residential A tax | |||
| Income-based credits | |||
| All other property tax | $0 | ||
| Total revenue |
Residential A tier calculation
| Value band | Taxable base | Rate | Revenue |
|---|---|---|---|
| Total |
Owner-occupant impact and revenue neutrality
| Effective proposed income ceiling | |
| Estimated recipients under current law | |
| Estimated recipients under resolution | |
| Additional recipients | |
| Added annual credit cost | |
| Tier 4 rate needed for revenue neutrality |
|---|
Current program anchored to RPAD’s 2,047 income-exemption records and $237.924M exempt assessed value (about $0.833M at the residential rate). The proposal scales from parcel values using the selected income assumptions.
What is measured and what is estimated
Measured: parcel values and exemptions from 325,544 HOLIS 2026 assessment records; official class revenue, taxable value, and record counts from RPAD.
Estimated: household income, participation, and which non-home-exempt high-value records are Residential A. The last is calibrated to RPAD’s official 30,603 records and $48.106B taxable base.
Resolution revenue = $1.796488B current revenue + Residential A change − added credit cost
Standalone file: no backend and no network requests. Scenario model only; appeals, behavior, other-property ownership, and filing compliance are excluded.