State-Assessed Properties Program

Description

In accordance with Section 19, Article XIII of the California Constitution, the BOE is responsible for assessing property owned or used by certain public utilities and other specified companies operating in California, enabling counties to use those values to collect local property taxes.

The BOE’s State-Assessed Properties Division (SAPD) is responsible for annually preparing value recommendations for each state assessee. These indicators and recommendations, which are developed annually from information provided by state assessees, are used by the elected Board to determine the fair market value of the assessees unitary property. State-assessed property is not subject to the provisions of Proposition 13 and is assessed at its fair market value as of 12:01 a.m. each January 1.

Property values on the state-assessed roll are allocated by the BOE to the counties where the properties are located. Each county levies, bills, and collects the tax directly from state assessees, based upon the allocated values. The taxes are levied at the same rate that is applied to locally assessed property.

2025 Calendar for the Valuation of Public Utilities and Railroads

• State Assessee Newsletter
• Listing of State Assessees
• Recommendation for Assessment of State-Assessed Property – 2024 (Adopted by the Board on July 23, 2024)
• Board-Adopted Unitary Values
• 2024 Board-Adopted Unitary Values
• Capitalization Rate Study
• Condition Percent Good Factors
• Evaluating Embedded Software Studies for State-Assessed Property
• Obsolescence Guidelines – Telecommunication Properties
• Policy Statement – Classification of Property as Unitary or Nonunitary
• RCN Factors
• State Assessment Manual
• Unitary Valuation Methods, Revised March 2003

Property Statement Reporting Forms and Instructions

The property statement reporting forms and instructions are current for the January 1, 2024 lien date. Adobe Acrobat Reader is required to view or print the property statement forms and instructions. Check the property statement packet that was mailed to your company for any supplemental final requirements. Supplemental filing instructions are not on the internet. For questions regarding property statement reporting, please contact the State-Assessed Properties Division at 1-916-274-3270.

Utilities

Electric Generation Facilities

Form and Instruction	Title
67-EG-LDA	Electric Generation Companies (Instructions)
BOE-82-SA	Authorization for Electronic Transmission of Data – State-Assessed Property
BOE-517-EG	Property Statement: Electric Generation Companies
BOE-517-EXT	Request for Extension of Time to File Property Statement
BOE-529-A	Petition for Unitary Property Reassessment
BOE-529-B	Petition for Nonunitary Property Reassessment
BOE-529-I	Schedule of Intangible Information
BOE-533-SUM	Tangible Property List: Summary
BOE-551	Statement of Land Changes
BOE-551-TRA	Statement Of Land Changes Tax Rate Area Number Changes
BOE-600-A	Schedule of Leased Equipment to be Assessed by the State Board of Equalization to the State Assessee (Lessee)
BOE-600-B	Schedule of Leased Equipment Which is to be Reported by Lessor to the Local Assessor for Assessment
BOE-892	Statement of Authorization

Gas, Electric, and Water Companies

State Assessed Property and Private Railroad Car Tax Appeals

If a state assessee disagrees with the value established for their property, they have a right to appeal the value under certain circumstances and limitations.

Rules for Tax Appeals

• Chapter 3, Property Taxes
• Chapter 5, General Board Hearing Procedures
• Property Tax Appeal Forms
• 529 A, Petition for Unitary Property Reassessment
• 529 B, Petition for Nonunitary Property Reassessment
• 529 C, Petition for Reassessment of Private Railroad Car(s) Value
• 82 P, Authorization for Electronic Transmission of Data—Petition
• 892 P, Statement of Authorization—Petition

Frequently Asked Questions (FAQ)

How do I file a petition?

Unitary Value or Penalty. If a state assessee disagrees with the value or penalty determined by the Board as set forth in the Notice of Unitary Assessed Value, the assessee must file a Petition for Reassessment of Unitary Value by July 20 of the calendar year in which the Notice of Unitary Assessed Value was issued.

Correction of Assessment Allocation. If a state assessee disagrees with an assessment allocation, the assessee must file a Petition for Correction of Assessment Allocation by July 20 of the calendar year in which the Notice of Assessment Allocation was issued.