BOE to Hear Budget Update Describing Headquarters Relocation Efforts

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By Staff Reports

(Victor Valley)– The California State Board of Equalization (BOE) will receive an update on its headquarters building, listen to ideas and concerns about business and property taxes, and hear personal income, franchise, and sales tax appeals during its three-day meeting in Culver City on June 24-26, 2014.

During the BOE’s Administration Deputy Director’s report to the Board, the deputy director will brief members regarding the state budget and its absence of funding to address the BOE’s troubled Sacramento headquarters building. While the budget item was rejected, Assembly Bill 1656 would begin the process of BOE headquarters relocation and consolidation, and is currently moving through the legislative process.

The Board will take up whether to adopt values for harvested timber, and modified harvest values. This will establish the immediate value for timber harvested between July 1 and December 31, 2014. This action will also modify the immediate value of timber that was killed or damaged during in the Ponderosa, Reading, and Bagley Fires in 2012, and the Rim Fire during the 2013 fire season.

Taxpayers are also invited to present their ideas, concerns, and recommendations on how the BOE can improve its services at the annual Business and Property Taxes Annual Taxpayers’ Bill of Rights Hearings on June 24 before the Board. The hearings provide tax and fee payers with an opportunity to address their elected representative and share thoughts on how the agency can improve the administration of business taxes, fees, and property taxes. The Taxpayers’ Bill of Rights Hearings will start at approximately 1:30pm.

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The five-member California State Board of Equalization (BOE) is a publicly elected tax board. The BOE collects $56 billion annually in taxes and fees supporting state and local government services. It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes.  For more information on other taxes and fees in California, visit www.taxes.ca.gov.

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