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Board adopts 2025 state assessed roll and private railroad‑car assessments; private railroad car tax rate set at 1.151%
Summary
The Board adopted allocations of unitary state assessed values to counties and approved the private railroad car assessment roll. The private railroad car tax rate computed by staff for 2025 is 1.151%, down slightly from 1.153% the prior year.
What the board did: At its July 29 meeting in Sacramento the State Board of Equalization adopted the 2025 state assessed property role — the allocation of unitary values to counties after staff adjustments and prior board actions — and separately adopted the 2025 private railroad‑car assessment roll. The adopted state assessed role totals roughly $164 billion in assessed value.
Private railroad car tax…
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