Maui Property Taxes: Proposed Rates for Fiscal Year July 1, 2024-June 30, 2025
Posted by Courtney M. Brown on Friday, April 5th, 2024 at 10:18am.
Maui Property Taxes: What is proposed for this year?
Each year the county council reviews the proposed budget and sets property tax rates for the fiscal year (July 1, 2024-June 30, 2025)
This year, the Mayor of Maui County has proposed increases to the Owner Occupant Rate, Residential Rate (real property improved with a dwelling, as defined in the comprehensive zoning ordinance, that would not be classified as “owner-occupied”, “hotel and resort”, “time share”, “short-term rental”, “commercial”, “industrial” or “commercialized residential”), Short Term Rental Rate.
There are no proposed changes to the Long Term Rental Category, Commercial, Agricultural, Conservation, Industrial, Hotel & Resort or Timeshare Rates.
The county council is taking input from taxpayers on how they feel the proposed budget should be prioritized at https://tinyurl.com/2ztautkh
View the Maui County Mayor's Proposed Budget Synopsis
* note there is an error in the document provided on the county website. The changes noted in the PDF version of the Budget synopsis for STRs state the increase is 2.6%. The actual changes range between 5-27%
| Classification | 2024 (Proposed) | 2023 | % Change |
| Owner Occupied | $2.00-$3.25 | $1.90-2.75 | |
| Tier 1 <$1,000,000 | $2.00 | $1.90 | 5% |
| Tier 2 $1,000,001-$3,000,000 | $2.50 | $2.00 | 25% |
| Tier 3 $3,000,001> | $3.25 | $2.75 | 18% |
| Residential | $6.00-$14.00 | $5.85-12.50 | |
| Tier 1 <$1,000,000 | $6.00 | $5.85 | 3% |
| Tier 2 $1,000,001-$4,500,000 | $8.50 | $8.00 | 6% |
| Tier 3 $4,500,001> | $14.00 | $12.50 | 12% |
| Commercialized Residential | $5.00 | $4.40 | 14% |
| Long Term Rental | $3.00-$8.00 | $3.00-8.00 | |
| Tier 1 <$1,000,000 | $3.00 | $3.00 | 0% |
| Tier 2 $1,000,001-$3,000,000 | $5.00 | $5.00 | 0% |
| Tier 3 $3,000,001> | $8.00 | $8.00 | 0% |
| Apartment | $3.50 | $3.50 | 0% |
| Short Term Rental | $12.5-$15.00 | $11.85 | |
| Tier 1 <$1,000,000 | $12.50 | $11.85 | 5% |
| Tier 2 $1,000,001-$3,000,000 | $13.50 | $11.85 | 14% |
| Tier 3 $3,000,001> | $15.00 | $11.85 | 27% |
| Commercial (all three tiers) | $6.05 | $6.05 | 0% |
| Agricultural | $5.74 | $5.74 | 0% |
| Conservation | $6.43 | $6.43 | 0% |
| Industrial | $7.05 | $7.05 | 0% |
| Hotel & Resort | $11.75 | $11.75 | 0% |
| Timeshare | $14.60 | $14.60 | 0% |
The following chart may help illustrate how the proposed changes compare with prior years.
| Classification | 2024 (Proposed) | 2023 | 2022 | 2021 | 2020 | 2019 |
| Owner Occupied | $2.00-$3.25 | $1.90-2.75 | $2.00-2.71 | $2.41-2.71 | $2.51-2.61 | $2.90 |
| Tier 1 <$1,000,000 | $2.00 | $1.90 | $2.00 | $2.41 | $2.51 | NA |
| Tier 2 $1,000,001-$3,000,000 | $2.50 | $2.00 | $2.10 | $2.51 | $2.56 | NA |
| Tier 3 $3,000,001> | $3.25 | $2.75 | $2.71 | $2.71 | $2.61 | NA |
| Residential | $6.00-$14.00 | $5.85-12.50 | $5.85-12.50 | $5.45-8.00 | $5.45-6.90 | $5.60 |
| Tier 1 <$1,000,000 | $6.00 | $5.85 | $5.85 | $5.45 | $5.45 | NA |
| Tier 2 $1,000,001-$4,500,000 | $8.50 | $8.00 | $8.00 | $6.05 | $6.05 | NA |
| Tier 3 $4,500,001> | $14.00 | $12.50 | $12.50 | $8.00 | $6.90 | NA |
| Commercialized Residential | $5.00 | $4.40 | $4.40 | $4.40 | $4.40 | $4.60 |
| Long Term Rental | $3.00-$8.00 | $3.00-8.00 | $3.00-8.00 | NA | NA | NA |
| Tier 1 <$1,000,000 | $3.00 | $3.00 | $3.00 | NA | NA | NA |
| Tier 2 $1,000,001-$3,000,000 | $5.00 | $5.00 | $5.00 | NA | NA | NA |
| Tier 3 $3,000,001> | $8.00 | $8.00 | $8.00 | NA | NA | NA |
| Apartment | $3.50 | $3.50 | $3.50 | $5.55 | $5.55 | $6.31 |
| Short Term Rental | $12.5-$15.00 | $11.85 | $11.85 | $11.11-11.20 | $11.08 | $10.75 |
| Tier 1 <$1,000,000 | $12.50 | $11.85 | $11.85 | $11.11 | $11.08 | NA |
| Tier 2 $1,000,001-$3,000,000 | $13.50 | $11.85 | $11.85 | $11.15 | $11.08 | NA |
| Tier 3 $3,000,001> | $15.00 | $11.85 | $11.85 | $11.20 | $11.08 | NA |
| Commercial (all three tiers) | $6.05 | $6.05 | $6.05 | $6.29 | $6.29 | $7.39 |
| Agricultural | $5.74 | $5.74 | $5.74 | $5.94 | $5.94 | $5.94 |
| Conservation | $6.43 | $6.43 | $6.43 | $6.43 | $6.43 | $6.43 |
| Industrial | $7.05 | $7.05 | $7.05 | $7.20 | $7.20 | $7.48 |
| Hotel & Resort | $11.75 | $11.75 | $11.75 | $11.75 | $10.70 | $11.00 |
| Timeshare | $14.60 | $14.60 | $14.60 | $14.60 | $14.40 | $14.40 |
What do Maui County Classifications mean?
Per the Maui County website*, the County of Maui details the classifications of real property as follows:
- Time Share – real property that is subject to a time share plan as defined in section 514E-1, Hawaii Revised Statutes.
- Non-owner-occupied - real property improved with a dwelling, as defined in the comprehensive zoning ordinance, that would not be classified as “owner-occupied”, “hotel and resort”, “time share”, “short-term rental”, “commercial”, “industrial” or “commercialized residential”.
- Commercialized Residential – real property that serves as the owner’s principal residence and has been granted bed and breakfast home permit, a short-term rental home permit, or a conditional permit allowing a transient vacation rental use.
- Short Term Rental – lodging or dwelling units occupied by transient tenants for periods of less than six consecutive months, including real property that does not serve as the owner’s principal residence and has been granted a short-term rental home permit or a conditional permit allowing transient vacation rental use without regard to its highest and best use and cannot qualify for a home exemption.
- Apartment – multi-dwelling-unit improvements containing five or more dwellings that would not be classified “short-term rental”.
- Commercial
- Industrial
- Agricultural
- Conservation
- Hotel and Resort – properties occupied by transient tenants for period of less than six consecutive months, have eight or more lodging or dwelling units and employ more than twenty full time persons.
- Owner-occupied – properties owned and occupied as a principal home and for which a home exemption was filed and granted.
- NEW Long-term rental – lodging or dwelling units as defined in the comprehensive zoning ordinance occupied by long-term tenants for periods of twelve consecutive months or more to the same tenant and have been granted a long-term rental exemption.
Note: No definition was provided for Commercial, Industrial, Agricultural or Conservation.
*This information taken from https://www.mauicounty.gov/755/Classification-for-Tax-Rate-Purposes as of the date of this post. It is subject to change.
Important Dates
- July 1—Tax year commences. Taxes are calculated based upon January 1 assessed values and fiscal year tax rates.
- July 20 — First half of fiscal year tax bills mailed.
- August 20 — First half of fiscal year tax payments due.
- September 1 — Deadline for filing dedication petitions.
- December 1 — Condominium AOAO use declaration.
- December 31 — Deadline for filing circuit breaker applications for the next fiscal year.
- December 31 — Deadline for filing exemption claims and ownership documents.
- January 1 — Assessed values established for use during the next tax year.
- January 20 — Second half of fiscal year tax bills mailed.
- February 20 — Second half of fiscal year tax bills due.
- March 15 — Assessment notices mailed.
- April 9 — Deadline for filing appeals.
- May 1 — Certified assessments forwarded to the County Council for budget purposes.
- June 20 — Tax rates established by the County Council
For additional information, all dates to remember, and appeals information visit the Maui County website
Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty