[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6221442,"mediaKeyId","3613974-38e96f06904ceb8d578712ec7e75b2ae","parentId",3613974,"title","Board members urge streamlined property-tax exemptions to speed affordable housing; Turner Center proposals cited","audioSeconds",1211,"startMs",6753000,"endMs",7964000,"viewUrl","/Search/View?dp=1&key=3613974-38e96f06904ceb8d578712ec7e75b2ae&start=6753&end=7964","thumbnailUrl","https://assets.pipeline.soar.com/3613974-38e96f06904ceb8d578712ec7e75b2ae/thumbnail_6753000.jpg","articleUrl","/articles/6221442/California/Board-members-urge-streamlined-property-tax-exemptions-to-speed-affordable-housing-Turner-Center-proposals-cited","mediaUrl","https://secure.pipeline.soar.com/6221442-defc00022621afbc091cc9e8a60c3578/orig.mp4?Expires=1775633287&Signature=QG1R2-ujr96c3NhUyev3wOta16pf~mGpDUew3c2E-QFOzGAi0z-kbbC7XEPtWtG0sTUX-6agcwguXZ3lbam14uMMlaCwqaChOtB77YOZ542uvj2dCke2bnUZ7ri5TQarJHgtAVHsVWyUwVnySn822TCA2aklRuL2L3qVdDqfelfTHYi6ZHELZiktz40sGCqd099zbOqlJa7W1m6tsHig1yiziSMl~mBL-JyO9RjDkM2YBji19XVAJXpaMzJ5BkIsHL13V7Sw-EtiWLX2F0WKbmzhsaFXnwHpW-MaP~GzrnHL3Z0G5BJhzKO9srh2qTk243NFipDqR5eQ8aFWJE1sIg__&Key-Pair-Id=KUT5TJCACFTXG","author","Board of Equalization","date","2025-05-30T15:13:22Z","article","Board members on May 28 discussed strategies to use property-tax exemptions and administrative changes to accelerate affordable housing production and preservation in California.

Member Amber Vasquez introduced the item and cited a Turner Center Housing Innovation brief: \"A 4 month delay can add almost $20,000 per unit in cost,\" she said, summarizing the brief’s claim and urging the board to consider streamlining procedures where the board and county assessors play a role. Vasquez said the state needs a more coordinated approach and referenced the governor’s proposal to reorganize housing-related state agencies into a one-stop California Housing and Homelessness Agency.

Vice Chair Lieber supported getting additional detail and suggested inviting the Turner Center for a presentation and exploring limited demonstration projects targeted at low-income and extremely low-income housing. \"Potentially getting a presentation from the Turner Center ... could lead ... to a demonstration project or a series of demonstration projects,\" Lieber said.

Member Schaeffer warned of practical enforcement challenges when exemptions rely on tenant income verification and long-term restrictions. He described difficulties collecting reliable tenant income data and questioned whether local governments have capacity to police long-term compliance: \"I think if we took a look at it 5 or 10 years later, we're gonna find there's an awful lot of non enforcement,\" he said, adding concerns about transfer and resale enforcement and the administrative burden on counties.

Members agreed the board’s role—administering the welfare (property-tax) exemption and working with county assessors—makes it appropriate to study how exemptions and procedures could better support new construction and preservation of deeply affordable units. Controller Cohen and others noted that housing affordability and insurance availability are linked to project feasibility; a public commenter asked the board to coordinate with the insurance commissioner on affordability and underwriting for affordable housing projects.

Ending: Members asked staff to continue tracking proposals, invited further analysis and potential external presentations (for example, from the Turner Center), and signaled interest in exploring demonstration projects and regulatory streamlining to reduce time and cost barriers to affordable housing.","mediaType","Video","parentTitle","May 28, 2025 BOE Board Meeting AM Session","oneSentenceSummary","Board members discussed ways the Board of Equalization could help streamline property-tax exemptions to incentivize affordable housing construction and preservation, citing a Turner Center brief and the governor’s proposed housing agency reorganization as potential opportunities.","taxTitle","Board of Equalization, Other State Agencies, Executive, California","taxId",16214,"location","California","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6221447,"Board approves reassessment and penalty abatement for Global Tel Link audit appeal",930,2798000,3728000,"/Search/View?dp=1&key=3613974-38e96f06904ceb8d578712ec7e75b2ae&start=2798&end=3728","https://assets.pipeline.soar.com/3613974-38e96f06904ceb8d578712ec7e75b2ae/thumbnail_2798000.jpg","/articles/6221447/California/Board-approves-reassessment-and-penalty-abatement-for-Global-Tel-Link-audit-appeal","https://secure.pipeline.soar.com/6221447-050043e89593b9e7b25e8acea5537252/orig.mp4?Expires=1775633287&Signature=c3YaQaTW~EmLuGboC7kb69PtFO3NgpEPuZX88cjHf-wr~alz5HxOoc-A~lWnUtD4LVvG1YFkB~Wut9rTjxa95kDDqS7wDknh3-iMt2iXwRSWPC7Ow9VRzGZ3crJHYUEIfAx~wF35Ibho9gtSM5EHwfyuingJ1gFWv8894VR0LcAIDLSf3tXYS6pgV7iRTI~7PZDrQS90WJ5a7xkRQauvx-RZ-UUUCg6-a~I1W0K~wRpx-dgN3osiKzOWfjPIVla83~oppwJZ4bxu7sC9QzQyzSbfPLHj6YDdz2db1qxKg3sXr61b8x-3faTGLQPIT8Mi1Pt99IOT2u1Zt6sKfEguvw__&Key-Pair-Id=KUT5TJCACFTXG","The Board of Equalization on May 28 approved a petition to reassess unitary value and abate a penalty for Global Tel Link Corporation, following staff review and supplemental information provided by the petitioner.

Jack McCool, chief of the State Assessed Properties Division, told the board the item relates to an audit-escaped assessment the board adopted on Feb. 20 that resulted from a multi-year (four-year) audit. \"Petitioner is also requesting abatement of the penalty amount statutorily applied by staff. Global Tel was cooperative through the petition process and has provided staff all the information requested. SAPD has no objection to this abatement request and are in agreement with the petitioner on the recommendation before you,\" McCool said.

McCool said the original unitary value adopted in 2021 for Global Tel was $7,780,000 and that the audit findings had been adopted by the board in February. The company filed a timely petition within the 50-day appeal window and provided additional documentation that, upon verification by staff, showed certain assets had been disposed of prior to the 2021 roll year. McCool said staff verified the additional information and recommended the reassessment and penalty abatement.

Richard Moon, chief counsel, explained contribution-disclosure rules do not apply to non-appearance consent matters: \"The contribution disclosure requirements ... only apply to acuity matters that are pending before the board. And because this is a nonappearance consent, it's not considered, subject to that.\" The board took public comment (none received) and then voted. Vice Chair Lieber moved to approve the petition; Member Schaeffer seconded. Miss Cicchetti called the roll; all participating members voted aye and the motion passed.

Ending: The board adopted the reassessment and abatement as requested by staff and the petitioner, and directed SAPD to process the reassessment consistent with the board's action.","The Board of Equalization approved a petition for reassessment and abatement of penalties for Global Tel Link Corporation after staff and the petitioner resolved discrepancies identified in an audit of prior roll years.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6221452,"Board of Equalization adopts 2025 unitary values; overall statewide total up 8.4%",3643,1675000,5318000,"/Search/View?dp=1&key=3613974-38e96f06904ceb8d578712ec7e75b2ae&start=1675&end=5318","https://assets.pipeline.soar.com/3613974-38e96f06904ceb8d578712ec7e75b2ae/thumbnail_1675000.jpg","/articles/6221452/California/Board-of-Equalization-adopts-2025-unitary-values-overall-statewide-total-up-84","https://secure.pipeline.soar.com/6221452-7520151e9022fee20a245d5b25f91d93/orig.mp4?Expires=1775633287&Signature=RyH-8aNJc7BCnDpGf2ZoBpcLe8HczZwMMtyF6rrPmXLnrB5DQww0ldQzGmoVuHZ0hMAqAUYqR-pALJiCrbLMRbi3EPYrJs4N7eLfHoAbFEyaOzZRQpoXnfmh-UqyC258sEFmjXD-8ZzbDhKw3aps2R556JRSNqlsSpRKXhe7sm2e3rCPqxeV~Erisvavk3uHqRrba7ZDC2wp4MliGBNPWkV54rPWXPC5nkd~WWQgPi4ND7qujubgskTUiztd5UhYSUNVCA~m0kcOb~dphEG98qMsknsAdQh3x6v5drbPIucVYpntyWw~i-tSkZY9Kj0fr86r5ptu3eC~qgPT-~vOSw__&Key-Pair-Id=KUT5TJCACFTXG","The Board of Equalization on May 28 adopted staff-recommended unitary values for state-assessed properties, setting the total 2025 unitary value 8.4% higher than the previous year.

The unitary valuation process, presented by Jack McCool, chief of the State Assessed Properties Division (SAPD), determines the fair market value of assets used in the primary functions of utilities, railroads and other state assessees. McCool told the board that \"this year's unitary values are 8.4% higher than last year's unitary values after adjusting for the results of last year's appeals.\" He said the gas and electric industry accounts for over 74% of the total unitary value and that the four largest utilities alone represent over 70% of the statewide total.

Why it matters: counties use BOE allocations of unitary value to levy local property taxes. Changes in the state-assessed roll flow to county auditors, special districts and school districts as local revenue, and large swings—especially in utilities—can materially affect local budgets.

SAPD described its three-step process: (1) determine each assessee's total unitary value, the matter before the board; (2) allocate that total to counties (work to be completed in mid‑June); and (3) present the final state assessed roll to the board for adoption at the July meeting. McCool emphasized confidentiality constraints for staff recommendations under the Revenue and Taxation Code and Government Code: \"the material SAPD provides to the board ... are considered confidential under Revenue and Taxation Code section 833 and Government Code section 15619. As a result, the staff recommended unitary values are not made public prior to adoption of the values,\" he said.

On industry trends, SAPD told the board the gas and electric industry's increase (about 10% for the industry group) is largely the result of large-scale replacement and new construction by investor-owned utilities, including wildfire-hardening projects and undergrounding of lines. McCool said, \"most of these utilities are replacing older property that is severely depreciated with new property that has experienced little to no depreciation yet.\" He added that pipeline and railroad industries rose roughly 5% and electric generation about 5%, while telecommunications showed mixed results: local telephone values declined about 4.5% and interexchange/fiber investments rose about 7.5%.

Board action followed staff presentations. The board voted industry by industry on staff recommendations: pipeline, electric generation, telecommunications and railroad values were approved. Chairman Gaines recused himself on several items; the board noted recusal when applicable and completed the votes with participating members. For gas and electric, the board adopted staff recommendations excluding three companies for which Gaines did not participate; the remaining four recused-company votes were taken later by the participating members and carried 4–0. Miss Cicchetti called each roll; recorded votes were aye from Chairman Gaines (when participating), Vice Chair Lieber, Member Vasquez, Member Schaeffer and Controller Cohen where applicable.

SAPD said it will mail notices of unitary value to each state assessee in mid‑June after allocations are complete. Those preliminary allocations are intended to give county auditors and budget offices earlier visibility for local budget planning ahead of the board's final adoption in July.

Ending: Board members pressed staff on practical impacts, including whether county auditors protest values (staff said they are often in close communication and raise questions about large changes), and on the role of inflation and tariffs. McCool said some recent inflation effects were seen in telecoms in prior years and that tariffs' effects will appear insofar as they affect industry-specific demand (for example, shipping volumes that can affect rail valuations). Member Vasquez said the board should stay alert to the budgetary consequences for counties with large increases and highlighted wildfire-related replacement as one driver of higher assessed values.","The California Board of Equalization on May 28 adopted staff-recommended unitary values for state-assessed properties, a portfolio that increased 8.4% from last year driven largely by investments from the gas and electric industry. The board voted industry-by-industry, with recusal noted for several companies.","actionData","errors"]

Article not found

Board members urge streamlined property-tax exemptions to speed affordable housing; Turner Center proposals cited

Board approves reassessment and penalty abatement for Global Tel Link audit appeal

Board of Equalization adopts 2025 unitary values; overall statewide total up 8.4%