Maui mayor’s $1.187 billion budget proposal focuses on housing, tourism management and more


Maui Mayor Michael Victorino unveiled a proposed budget that for the first time in county history exceeds $1 billion for fiscal year 2023.

Victorino’s proposed $1.187 billion budget will focus on building more housing, diversifying the economy, better managing the hospitality industry and investing in clean infrastructure.

The administration has proposed increasing the amount of property tax revenue the county sets aside for the Affordable Housing Fund from 3% to 7%, or nearly $29.4 million.

In his presentation to the Maui County Board, Victorino credited the new taxation with increasing revenue flowing into county coffers.

“Today, I am proposing for the first time a record budget topping $1 billion, because together we, the people of Maui County, have done it right. Even during this most difficult time, we have operated from conservative manner, managed our money responsibly and taken calculated risks when needed. Our revenues are up due to property valuations and the new TAT surcharge. Let’s continue to work together and collaborate with strong fiscal strength said Victorino.

Victorino offered to set aside $10 million for COVID-19 relief and an additional $3.4 million to replenish Maui County’s emergency fund.

County council members will have to flesh out the mayor’s proposed budget for the 2023 fiscal year, which begins July 1.

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