California’s Assessed Property Value Reaches $9.1 Trillion — Delivering $100 Billion in Property Tax Revenues to Schools and Local Government

Sacramento, CA…The California State Board of Equalization (BOE) has released its 2024-25 Annual Report for the fiscal year (FY) that ended on June 30, 2025. The net statewide assessed property value for the January 1, 2025, lien date is reported at $9.1 trillion (+4.6% from the FY 2023-24 lien date), including approximately $9.0 trillion in county-assessed properties and $165 billion from state-assessed properties.

For county-assessed properties (mainly residential and commercial), the state’s 58 County Assessors determined total local property tax revenues of approximately $97.2 billion after establishing values for over 13 million assessments. This is an additional $4.5 billion, or a 4.9% increase from FY 2023-24.

For state-assessed properties, schools and local communities statewide will receive approximately $2.8 billion in revenue (+7.7% from FY 2023-24) from the $165 billion directly assessed by the BOE. This was a $12.3 billion increase over 2024 lien year values. State-assessed properties include telephone, gas, and electric companies; independent power producers; regulated railroads; and intercounty pipelines directly assessed by the BOE.

Altogether, FY 2024-25 property tax revenues are contributing $53.5 billion to schools and $46.5 billion to counties, cities, and special districts.

“Behind these numbers are the schools that educate our children and the local services that keep our communities safe and strong. From classrooms to fire protection and law enforcement, property tax revenues help ensure California communities receive the vital funding they depend on. The Board of Equalization works to ensure assessments are fair and consistent statewide.”

BOE Chair Sally J. Lieber (2nd District)

Where County Property Tax Dollars Go

All Californians benefit from property tax revenues. Property tax is allocated among local governments, with schools getting more than half the revenues.

This year’s report includes statewide maps that illustrate total FY 2024-25 net-assessed property values and the average property tax rates for all of California’s 58 counties. The report also has the total value of qualifying property tax exemptions and more statewide property tax data.

Other Programs Supporting California

The BOE is also responsible for administering the Alcoholic Beverage Tax Program, which produced $415 million in FY 2024-25, and co-administering the Tax on Insurers Program, which added $3.5 billion to the state. With the addition of $12 million collected in Private Railroad Car Tax, BOE helped contribute $3.9 billion to the General Fund in FY 2024-25.

Revenue Summary

In total, programs administered and overseen by the BOE contributed $103.9 billion to state and local government.

Past annual reports and additional information can be found on the BOE website.

The California State Board of Equalization (BOE) is the nation’s only elected tax board. It includes four elected Board Members who represent equalization districts and the State Controller. Since 1879, the BOE has carried out its constitutional and statutory duties to support fair and equitable property tax administration in California. The BOE oversees the work of the state’s 58 County Assessors to help ensure assessment practices are uniform statewide. The BOE also directly assesses the property of regulated railroads and certain public utilities. In addition, the BOE collects the Private Railroad Car Tax, and administers the Alcoholic Beverage Tax and Tax on Insurers programs. BOE’s critical role in California’s property tax system helps protect the tax revenues that schools, local communities, and the State depend on every day.

BOARD MEMBERS
Ted Gaines

First District

Sacramento

Sally J. Lieber

Second District

San Francisco

Antonio Vazquez

Third District

Santa Monica

Mike Schaefer

Fourth District

San Diego

Malia M. Cohen

State Controller

Yvette M. Stowers

Executive Director

13 Responses to "California’s Assessed Property Value Reaches $9.1 Trillion — Delivering $100 Billion in Property Tax Revenues to Schools and Local Government"

  1. Anonymous   April 24, 2026 7:31 am - at 7:31 am

    Let the fraud begin.

    • Anonymous   April 29, 2026 5:22 am - at 5:22 am

      Thank you God for giving governor Newsom his wisdom that keeps our convicted criminals connected to their loved ones. Without Newsom’s empathy towards our violent murderers, rapist, drug and human traffickers and all of the other scums behind bars, how on earth would they still be able to laugh at the stupidity of the liberal left?
      What is this all about you ask?
      Read below.

      “While California families struggle with skyrocketing housing costs, unchecked retail theft, and a homelessness crisis that Gov. Gavin Newsom has poured billions into with little to show, the state has been quietly rolling out free Android tablets to every one of its roughly 90,000 state prison inmates — at a taxpayer cost of up to $315 million.”

      “The program drew fresh outrage after a viral X post by retired homicide detective Hunter Eagleman, which highlighted how the devices — complete with free state-paid phone calls, e-messages, video calls, e-books, games, and more — keep inmates “entertained and communicating with their fellow criminals outside the walls.”

      Just yesterday, the California Globe reported on the FBI’s sweeping “Operation Gangsta’s Paradise,” which resulted in the indictment of 43 Mexican Mafia members and associates. Federal agents, utilizing bugged devices and surveillance, exposed how incarcerated bosses in California state prisons — using contraband cellphones and encrypted communications — directed a violent criminal enterprise on the streets of Orange County, including fentanyl trafficking, kidnappings, extortion, illegal gambling, and murder.

      NEVER UNDER ESTIMATE THE INSANE-STUPIDITY OF THE LIBERAL LEFT’S ROTTING, MAGGOT INFESTED, OOZING ALLEGED BRAIN. IT’S NO GREAT WONDER WHY CALIF HAS FALLEN SO FAR AWAY FROM IT’S GLORY DAYS OF BEING ONE OF THE POST GREATEST STATES IN AMERICA THAT PEOPLE FLOCKED TO. TODAY, CALIF IS THE STATE PEOPLE ARE LEAVING, ALONG WITH THE RICHEST PEOPLE IN AMERICA, TAKING THEIR BUSINESSES AND THEIR EMPLOYEES, ALONG WITH THE BILLIONS OF TAX REVENUE THAT CALIF DEPENDED ON…ALL BECAUSE OF GREED, AND THE CORRUPTION THAT HAS GROWN BECAUSE OF THE LEFT.

    • Anonymous   April 29, 2026 5:45 am - at 5:45 am

      HEADLINE NEWS, GAVIN NEWSOM RESPONSIBLE FOR WORST IN HISTORY

      Calls are growing for California’s high-speed rail to be abandoned completely after revelations the estimated cost of completing Gavin Newsom’s fantasy train project has ballooned to a staggering $231 billion.

      The latest cost revisions for the project — revealed during a Senate Transportation Committee meeting — left lawmakers fuming after the nonpartisan Legislative Analyst’s Office flagged numerous concerns.

      State Sen. Tony Strickland, vice chair of the STC, said the California High-Speed Rail Authority’s plan continues to obscure true costs — and now he’s calling for the entire project to be scrapped.

      BUT GAVIN NEWSOM WHO HAS NEVER ADMITTED THAT HE WAS WRONG IN ANYTHING SAYS, FULL SPEED AHEAD TO THE WHITE HOUSE AHAHAHAHAHAHAHAHAHAHAHA

      https://nypost.com/2026/04/28/us-news/california-high-speed-rail-falls-behind-as-costs-soar-to-231-billion/

  2. Anonymous   April 24, 2026 7:38 am - at 7:38 am

    Where’s the little league games being played on Saturday, Adam Fairy

  3. Anonymous   April 24, 2026 8:36 am - at 8:36 am

    In this weeks TACO news……
    DOJ just dropped its case against Chairman Powell, FED Chief, at the behest of Trumps booze riddled puppet, the tramp Jenine Pirro. That tramp will do anything Don wants, especially if it involves getting down on her knees after consuming a bottle of cheap wine. hahahahahahahahahahahahahahahahahahahahaha

    Also, how that redistricting battle you started working out for you Don??
    Let me tell you. Dems are picking up seats in congress all across the country because of your “another failed legal battle”. Just ask Texas, Virginia, California.
    Not working out too good is it Don????? hohohohohohohohohohohohohohohoho

    Now Don says “Don’t rush me” when asked how long this Iran bout of self induced diaharrea is going. Hey Don, thought it was 4-5 weeks until “total surrender” by Iran.
    Now your’e comparing it to Vietnam?????? You know, the war you started your always chickening out schtick during.
    “Don’t rush me”………..hhehehehehehehehehehehehehehehehehehehehehe

    Its all starting to spiral isn’t it Donnybrook???

    So in a nutshell Calaveras County Central Republican Party………..”DOH”…………..

    “I love the uneducated”………..Donald Trump
    circa 2023

    Hear that Calatrumplicans???????? He loves YOU!!!!!

    hahahahahahahhohohohohohohohehehehehehehe

    • Anonymous   April 29, 2026 5:41 am - at 5:41 am

      Said the guy who wanted Kamala the SF Whore to be POTUS?
      AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
      NOW THAT’S RICH!!!
      AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

  4. Anonymous   April 24, 2026 12:34 pm - at 12:34 pm

    My father and I where raised here. He would be proud of me for owning a trailer in a first class mobile home park on Live Oak Dr..

  5. Anonymous   April 25, 2026 9:55 am - at 9:55 am

    If someone asks show me a lies. I say show me a democrat. Fighting for democracy.

  6. Anonymous   April 28, 2026 6:59 pm - at 6:59 pm

    You can thank Gavin …

  7. Anonymous   April 28, 2026 7:31 pm - at 7:31 pm

    California is kicking some weak ass trump crap clean out of mother freaking town

  8. Anonymous   April 29, 2026 5:26 am - at 5:26 am

    I know, lets take that money and sink it in to the 33 Billion Dollar Bullet Train that was suppose to be 30 Billion Dollars AND FINISHED BY 2020

    • Anonymous   April 29, 2026 5:55 am - at 5:55 am

      This is the perfect example why most Unions back democrat politicians. These leeches back politicians like Newsom who throws our tax dollars in the pockets of unions for their votes. So what, he throws Billions into the Bullet Train, his backers get rich, his voters are so ignorant and dense, they are clueless about all his failures, tax payers money going to his backers, the corruption and fraud. Why should the dem marionettes care, as long as they get their “free” stuff from our tax dollars they are as happy as pigs in shit

      • Anonymous   April 29, 2026 7:49 am - at 7:49 am

        ^^Fuk you Trumper.