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Board approves 2026 State Assessed Property roll totaling about $169.7 billion

Board of Equalization · July 24, 2026
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Summary

Board adopted staff's 2026 state assessed property roll allocating unitary values to counties (total ≈ $169.7 billion); members pressed staff about drivers of changes, including infrastructure investments and inclusion of VoIP assessments.

Jason Ibarra, supervisor in the State Assessed Properties Division, presented the 2026 recommendation for the state-assessed property roll and told the board that "this year's state assess rule totals approximately 169,700,000,000 of assessed value." He explained the allocation process, noted adjustments from appeal decisions and board‑adopted audits, and requested adoption.

Members asked whether the increases reflected infrastructure improvements and industry investment; Jack McCool explained the roll was about 3.13% higher overall and that large investor‑owned electric utilities account for roughly 75% of the assessed value. Member Vasquez moved approval, Member Schaeffer seconded, and the roll passed unanimously on the roll call.