Maui Property Tax



Each year Maui property owners make an investment in the County when they pay their real property taxes. Every dollar is returned in the form of vital services including police and fire protection, street maintenance and recreational facilities and activities.

Tax Map Key Number

Real property is mapped and indexed numerically according to a tax map key system. Based upon legal descriptions, tax map keys identify individual pieces of property for tax purposes. All matters concerning your property should be made in reference to the tax map key.

Assessed values

Every year, properties are assessed at 100% of fee simple market value using the cost and market approaches to value. Real property taxes are calculated by multiplying assessed values less any exemptions by the appropriate tax rate. Once a year, on March 15, property owners receive an assessment notice. The notice lists the assessed value, exemptions, net taxable value and general land classification.

Classification for Tax Rate Purposes

That, in accordance with Sections 3.48.565 through 3.48.575 of the Maui County Code, the real property tax rates per one thousand dollars of net taxable assessed valuation for each class of real property, effective July 1, 2006, shall be set as follows:

 

Classification

Land

Building

A.

Improved Residential

$5.00

$5.00

B.

Apartment

$5.00

$5.00

C.

Commercial

$6.00

$6.00

D.

Industrial

$6.50

$6.50

E.

Agricultural

$4.50

$4.50

F.

Conservation

$4.75

$4.75

G.

Hotel & Resort

$8.20

$8.20

H.

Unimproved Residential

$5.86

$5.86

I.

Homeowner

$2.50

$2.50

J.

Time Share

$14.00

$14.00


Property is classified based upon its highest and best use. Properties receiving homeowner exemptions and condominiums are exceptions. Properties which have been granted a homeowner exemption are classified as Homeowner. Condominiums are classified upon consideration of their actual use (Apartment, Commercial, Hotel/Resort, Homeowner).