Board Of Equalization Sets Record $170.8 Billion In Assessed Utilities Property Values img:is([sizes="auto" i], [sizes^="auto," i]) { contain-intrinsic-size: 3000px 1500px } Board Of Equalization Sets Record $170.8 Billion In Assessed
Board Of Equalization Sets Record $170.8 Billion In Assessed Utilities Property Values
img:is([sizes="auto" i], [sizes^="auto," i]) { contain-intrinsic-size: 3000px 1500px }
Board Of Equalization Sets Record $170.8 Billion In Assessed
Source: KHTS Hometown Station
Date: 06/02/2026 9:30am
Article Summary:
California Board of Equalization Approves Record $170.8 Billion in Assessed Utility Property Values for 2026–27
The California State Board of Equalization has approved a record $170.8 billion in assessed property values for 374 utility and transportation companies for the 2026–27 fiscal year. The 2.3% increase over last year is expected to generate about $2.9 billion in property tax revenue to support schools and local services statewide, including roughly $64 million in additional revenue. The total includes 61 newly assessed VoIP companies added to the state’s jurisdiction.
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Date: 06/02/2026 9:30am
Article Summary:
California Board of Equalization Approves Record $170.8 Billion in Assessed Utility Property Values for 2026–27
The California State Board of Equalization has approved a record $170.8 billion in assessed property values for 374 utility and transportation companies for the 2026–27 fiscal year. The 2.3% increase over last year is expected to generate about $2.9 billion in property tax revenue to support schools and local services statewide, including roughly $64 million in additional revenue. The total includes 61 newly assessed VoIP companies added to the state’s jurisdiction.
Read article here »