Budget, Finance, and Economic Development Committee (2025-2027), April 24, 2026
Approves Kihei Drainage Master Plan Funding Offset, 9-0
What happened
The Budget, Finance, and Economic Development Committee worked to balance the FY2027 budget, ultimately achieving balance through adjustments to non-owner occupied property tax tier thresholds rather than rate increases.
- Jurisdiction
- Maui County, HI
- Governing body
- Final authority
- Date
- April 24, 2026
- Decisions
- 17 zoning decisions
- Outcome
- Approved, 9-0
Free sample: decision 1 of 17
Non-Owner Occupied Property Tax Tier Threshold Changes
Changed tier two threshold from $1,001,000-$3,000,000 to $1,001,000-$2,500,000, and tier three from $3,000,000+ to $2,500,000+. No rate changes. Generated $5,668,013 to balance general fund. Vote: 8-1 (Sugimura opposed).
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Budget, Finance, and Economic Development Committee worked to balance the FY2027 budget, ultimately achieving balance through adjustments to non-owner occupied property tax tier thresholds rather than rate increases.
Key Decisions (17)
Non-Owner Occupied Property Tax Tier Threshold Changes
Lahaina Restoration Foundation Funding Reduction
Paris Housing Program Reduction
Ho'onani Village Mixed Use Development GET Funding Condition
Managed Retreat Fund Reduction
Legislative Branch Office Renovations Funding Source Change
South Maui Storm Relief Appropriation Withdrawal
Kihei Drainage Master Plan Funding Offset
Renewable Energy Program Grants Elimination
Environmental Protection Grants Reduction
Firefighter Supplemental Agreement Funding Condition
Bill 61 Fiscal Reserve Fund Referred to BFED
Bill 62 Solid Waste and Environmental Funds
Bill 63 Hawaiian Cultural Restoration Revolving Fund Rename
Bill 64 Electric Vehicle Charging Fees
Bills 66 and 67 Referred to ADEPT Committee
Bill 76 Water System Development Fee Referred to Water Committee
Development Activity (2)
Ho'onani Village Mixed Use Development
Mixed-Use
Lahaina Royal Complex Restoration
Other
Market Signals (5)
Housing Demand
Committee expressed urgency for housing development, noting 'we needed housing…
Sentiment
Non-owner occupied property owners experiencing significant tax burden increases, with…
Infrastructure
Managed retreat fund has been actively used for shoreline property…
Meeting Intelligence Preview
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