HCC §32-72
How special tax bonds are counted for debt limits
Read the official text at hawaiicounty.gov ↗This section says that bonds backed only by special taxes or property liens in a district do not count toward the county's limit for general obligation bonds or funded debt under the state constitution. It only affects how these bonds are calculated, not other rules.
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The ordinance, as written (Hawaiʻi County) — Debt limit calculation
A copy, taken August 21, 2026. The version published by Hawaiʻi County is the one that governs, and it may have changed since. Check it before relying on anything here.
Bonds issued under this chapter, when the only security for such bonds is the special taxes or liens on the property in the district subject thereto, shall be excluded from any determination of the power of the County to issue general obligation bonds or funded debt for purposes of section 13 of Article VII of the Constitution of the State of Hawai‘i. (1994, ord 94-77, sec 3.)32-72
Published by the County of Hawaiʻi Office of the County Clerk.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.