Maui County Council will discuss legislation Thursday to dedicate 20% of transient accommodations tax revenue to a new Climate Action and Resiliency Fund. The proposal would allocate about $13 million annually from vacation rental and hotel taxes to fund over 100 climate resilience projects.
- The proposed fund would receive 20% of annual transient accommodations tax revenue, estimated at $13 million from the projected $65 million collected in fiscal year 2027.
- Tax revenue comes from the county’s 3% assessment on hotels and vacation rentals.
- Planned projects include evacuation route improvements, disaster readiness, invasive species removal, and nature-based shoreline management.
- The Agriculture, Diversification, Environment and Public Transportation Committee meets Thursday at 9 a.m. to discuss the legislation.
- Council forecasts show visitor arrivals and spending are projected to increase steadily, potentially growing the fund’s revenue.
Source: Maui Now
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