Utility Property Values Set for Fiscal Year 2014-15 by Brian Miller - City News Group, Inc.
View Upcoming Events View Your Local Sales

Community Calendar

SEPTEMBER
S M T W T F S
30 31 01 02 03 04 05
06 07 08 09 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 01 02 03
View Events
Submit Events
directory

Utility Property Values Set for Fiscal Year 2014-15

By Brian Miller,
September 3, 2014 at 11:31am. Views: 189

Local governments will collect $1.075 billion in tax revenue in the upcoming fiscal year thanks to the California State Board of Equalization’s (BOE) assessment of privately owned public utilities and railroads. The values for these properties for Fiscal Year 2014-15 were set at $94.8 billion by the Board at its May 22, 2014 meeting in Sacramento. Total values are $3.4 billion more than the $91.4 billion adopted by the Board last year, and will generate approximately $40 million more in taxes for local governments than in the current fiscal year. Values were set for 409 companies with property in California. They include telephone (long distance, local, and wireless), gas and electric companies, railroads, and inter-county pipelines. While most properties are assessed by county officials, privately held public utilities are assessed by the BOE statewide. These properties are not subject to Proposition 13, and are reappraised annually at their market value. A “unitary value” includes improvements, personal property, and land. A unitary valuation applies to properties owned or used by public utilities and railroads which are considered necessary to their operation. The BOE determines the fair market value on January 1st of each year by considering market conditions, use of the property, income generated by the property, replacement costs, investments in the property, regulatory climate, depreciation, and other factors. The values set by the BOE are used by county governments to levy local property taxes, which help support county governments, cities, special districts, and schools. Penalties are assessed for late or incomplete filings, or failure to file with the BOE. More information on the BOE’s State-Assessed Properties Program is available at www.boe.ca.gov/proptaxes/sappcont.htm.

Related Articles

Photo Courtesy of: Highgrove News

By Margie Miller- Publisher, Community Writer

November 30, -0001 at 12:00am. Views: 247

Barnett has served as the publisher of the Highgrove Happenings newspaper since 1994.Barnett will hold a free event, titled “Early Historic Pictures of Highgrove,” will be held at 6 p.m. on Tuesday, September 8, 2026, at the Norton Younglove Community Center, 459 Center Street in Highgrove.

Photo Courtesy of: Feeding America

By Rachel Bonilla, Community Writer

September 2, 2026 at 10:55pm. Views: 425

According to the latest data available from Feeding America’s Map the Meal Gap study, 48 million people, including more than 14 million children, experienced food insecurity in 2024, the highest level since 2014. Of the communities FARSB serves, we see food insecurity range from a low of 13.8% in Riverside County to a high of 15.6% in San Bernardino County.

Photo Courtesy of: TME Photography by Titan Mom Elvira

By Titan Mom Elvira, Community Writer

September 2, 2026 at 10:55pm. Views: 347

GTHS Senior and student-athlete Annaleya Flores is making her mark on the field and in the classroom while helping lead the Lady Titans during their inaugural GTHS Girls Flag Football season.

Photo Courtesy of: Office of Assemblymember James Ramos

By Carl M. Dameron, Contributing Writer

September 2, 2026 at 10:55pm. Views: 450

California Assemblymember James Ramos is the keynote speaker at The Salvation Army’s Red Kettle Kickoff celebration, the official launch of the 2026 Christmas fundraising campaign. Tuesday, October 20, 2026, at 5:30 PM at the Bear Springs Event Center in Highland, California.

Photo Courtesy of: Margie Miller

By Margie Miller- Publisher, Community Writer

August 28, 2026 at 08:13am. Views: 1525

Mike Miller & Lori Miller, Restaurateurs of Timber Ridge Steakhouse, the newsest restaurant on Hospitality Lane in San Bernardino located in the familiar spot previously occupied by Claim Jumper, and for those of us "older folks", Bobby McGees. You can find Mike & Lori at 1905 Commercenter E San Bernardino CA, 92408

Photo Courtesy of: City of Moreno Valley

By Ruby Stephenson, Community Writer

August 26, 2026 at 01:40pm. Views: 1058

Fall 2026 Soaring Activity Guide is hitting the mail this week, and it’s chock-full of all the exciting things the City has planned throughout the Fall.

Photo Courtesy of: City of Moreno Valley

By William Cortez, Community Writer

August 26, 2026 at 01:40pm. Views: 859

When temperatures climb to 97 degrees and above, heat-sensitive residents may seek refuge at the City of Moreno Valley's designated cool centers.

Photo Courtesy of: City of Moreno Valley

By WIlliam Cortez, Community Writer

August 26, 2026 at 01:40pm. Views: 914

he City of Moreno Valley has received the California Municipal Treasurers Association’s Investment Policy Certification, recognizing the City’s commitment to responsible and transparent management of public funds.

Photo Courtesy of: Feeding America Riverside San Bernardino

By Rachel Bonilla, Community Writer

August 26, 2026 at 01:40pm. Views: 1107

Photo Courtesy of: County of San Bernardino

By Ruby Stephenson, Community Writer

August 26, 2026 at 01:40pm. Views: 1173

Between Aug. 3 and Aug. 9, investigators from the San Bernardino County Sheriff’s Department – Gangs/Narcotics Division, along with deputies from patrol stations and personnel from partnering agencies, served 16 search warrants and contacted suspects throughout the county.

Photo Courtesy of: County of San Bernardino

By William Cortez, Community Writer

August 26, 2026 at 01:40pm. Views: 975

Bloomington residents gathered at Ayala Park on Tuesday, Aug. 4, for a ribbon cutting ceremony celebrating new improvements designed to enhance accessibility, safety and comfort for children and families.

Photo Courtesy of: Dr.G  (Dr Luis S González)

By Dr.G  (Dr Luis S González), Community Writer

August 26, 2026 at 01:40pm. Views: 1002

Kimberly Huerta, Youth Commissioner and Chair of Colton Youth Council and Dr.G, Council Member and Advisor to the program.

--> -->