comscore VIDEO: Mayor Caldwell announces plan to allow for deferral of Oahu property taxes | Honolulu Star-Advertiser
Top News

VIDEO: Mayor Caldwell announces plan to allow for deferral of Oahu property taxes


Mayor Kirk Caldwell announced today that all property taxpayers on Oahu will be eligible to defer paying a major portion of their August tax bills, and instead pay in four installments to lessen hardships caused by the coronavirus pandemic.

“Instead of having to make a lump sum, six-month payment come August, it can be paid over a longer period of time, through four installments with no penalties, no interest assessed because of a spreading out these payments,” Caldwell said.

Businesses, residents and those in other property tax classifications would be eligible for the interest-free deferrals. They will be issued “coupons” allowing them to pay on Aug. 20, Sept. 20, Oct. 20 and Nov. 18, Budget Director Nelson Koyanagi said.

All property owners are experiencing some kind of economic hardship and no proof of a financial burden needs to be presented in order to get the deferral, Koyanagi said.

Property taxes are the city’s largest source of revenues. Property owners, in normal times, pay their taxes in two installments — in February and August.

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Comments (47)

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines.

Having trouble with comments? Learn more here.

Scroll Up