California Black Media

Your Taxes Raised $83.1 Billion for the State Last Fiscal Year; Schools Received $44.6 Billion

Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month. The funds collected from property owners for the 2021-22 fiscal year, which ended last June, was an increase of 3.8% from the previous fiscal year. Overall, local property tax revenues increased 4% or $3.2 billion to $83.1 billion total. In addition to schools, the funds were funneled to the coffers of local governments throughout California.

Published

1 year ago

May 9, 2023

Oakland Post

BOE Chairman Antonio Vazquez said in an April 18 statement that property taxes are a steady and reliable revenue stream for government services and schools that Californians depend on daily. “The BOE’s critical role protects these dollars through its oversight of property tax assessments and that they are done fairly, uniformly, and consistently,” he said.

McKenzie Jackson
California Black Media

The funds collected from property owners for the 2021-22 fiscal year, which ended last June, was an increase of 3.8% from the previous fiscal year. Overall, local property tax revenues increased 4% or $3.2 billion to $83.1 billion total. In addition to schools, the funds were funneled to the coffers of local governments throughout California.

BOE Chairman Antonio Vazquez said in an April 18 statement that property taxes are a steady and reliable revenue stream for government services and schools that Californians depend on daily.

“The BOE’s critical role protects these dollars through its oversight of property tax assessments and that they are done fairly, uniformly, and consistently,” he said.

The board released a 26-page report weeks after California Democratic lawmakers proposed Assembly Constitutional Amendment (ACA) 11 to abolish the board and reassign its duties to other state tax agencies effective Jan. 1, 2026.

The board is responsible for overseeing property tax collection in all 58 of California’s counties. It also makes more than 13 million tax assessments every year.

The report, released yearly to provide information on revenue collected by the five-member tax body and detail its accomplishments, made no mention of the amendment.

In addition to Vazquez, who represents the BOE’s Third District, other members are: State Controller Malia M. Cohen; Ted Gaines (First District); Sally J. Lieber (Second District); and Mike Schaefer, Vice Chair (Fourth District). Yvette M. Stowers, who was appointed by the Board, serves as Executive Director.

Cohen, the first African American woman to chair the BOE, was voted State Controller last November. She took office in January this year.

This year’s report found that the total net statewide county-assessed property value increased by 7% to $7.6 trillion in fiscal year 2021-22, up $500 billion from the previous year.

The assessed property value has increased annually for the past 10 years from $4.6 trillion in 2013. For example, it was $5.8 trillion in 2017, $6.9 trillion in 2020 and $7.2 trillion in 2021.

Schools receive a lion’s share of property tax revenues. The 2020-21 fiscal year, $38.5 billion went to counties ($11.7 billion), cities ($10.4 billion) and special districts ($16.3 billion).

Local governments also received $2.2 billion from state-assessed property tax revenues. Last May, the board set the values of 339 state-assessed properties — mainly public utilities and railroads — at $133.9 billion, an increase of $10.8 billion from the previous year. This property tax revenue together with the county-assessed property tax monies will give local municipalities $85.3 billion in property tax funds.

The report also informs Californians of the Taxpayers Rights Advocate (TRA) Office, which is independent of the BOE.

The TRA Office receives contacts from taxpayers and others who are either seeking assistance with a problem or a disagreement they have in the assessment and collection of property taxes or a concern with a program administered by our agency,” the report reads. “Generally, the TRA Office assists taxpayers who have been unable to resolve a matter through normal channels and seek confirmation that they were treated fairly under the law.”

The BOE report found that the state government will receive $3.3 billion in revenue from the Alcoholic Beverage Tax Program, Tax on Insurers Program and Private Railroad Car Tax.

The Alcoholic Beverage Tax Program garnered $429 million. The program is a per-gallon excise tax collected on the sale, distribution, or importation of alcoholic beverages to the state. The monies from this tax are placed into the Alcohol Beverage Control Fund and are withdrawn to be used by the state’s general funds or to pay refunds under the program.

The Tax on Insurers Program, administered by the board, State Controller’s Office, and California Department of Insurance, generated $2.9 billion for the state. Insurance companies conducting business in California are subject to as many as three taxes — a tax on gross premiums, a retaliatory tax, and the ocean marine tax.

The Private Railroad Car Tax, an in-lieu property tax on railroad cars owned by non-railroad companies and operated upon California railroads, generated $9.8 million in funds.

The report also revealed that bills that became effective in the last two years impacted programs run by the Board of Equalization. Assembly Bill 137, for example, extended the assessment appeals decision deadline for qualified applications whose two-year deadline was between March 4, 2020, and March 31, 2021 to Dec. 31, 2021. One bill, AB 1203, expanded the type of work experience an individual must have to be eligible to serve on an assessment appeals board in Los Angeles County to include professional experience in fields such as real estate.

Senate Bill (SB) 825 extended the welfare exemption from property tax for land conservancies and trusts from lien date 2022 to lien date 2027. The legislation also extended the sunset gate for intercounty pipeline right-of-way assessments from 2020-21 to 2025-26.

In a letter at the beginning of the budget report, Board of Equalization Executive Director Yvette Stowers said the board is focused on its mission of tax administration to support California governments.

“We are proud to serve this great State of California and will continue to do our part to provide essential revenues for the state and local governments,” Stowers wrote.

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Oakland Post: Week of September 11 -17, 2024

The printed Weekly Edition of the Oakland Post: Week of September 11 – 17, 2024

Published

6 days ago

September 13, 2024

Oakland Post

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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California Black Media

Republicans and Democrats Spar Over Bill That Would Allow Some Life Sentences to be Overturned

California Senate and Assembly Republicans are rallying against Senate Bill (SB) 94, legislation that would allow people sentenced to life in prison without the possibility of parole to petition the court for a lighter sentence. The bill authored by Senator Dave Cortese (D-San Jose), would enable the court to resentence people imprisoned without the possibility of parole if the individual has served a minimum of 25 years and if their offense occurred before June 5, 1990.

Published

1 week ago

September 11, 2024

Oakland Post

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By Bo Tefu, California Black Media

California Senate and Assembly Republicans are rallying against Senate Bill (SB) 94, legislation that would allow people sentenced to life in prison without the possibility of parole to petition the court for a lighter sentence.

The bill authored by Senator Dave Cortese (D-San Jose), would enable the court to resentence people imprisoned without the possibility of parole if the individual has served a minimum of 25 years and if their offense occurred before June 5, 1990.

According to SB 94, only individuals convicted under “special circumstance murder” would be eligible to petition for a new sentence. The proposed law would not apply to individuals that committed murder in an egregious manner such as torture, poison, lying in wait, rape by instrument, mayhem, and other offenses, according to Cortese.

Republican Senators released an extensive analysis of the bill outlining how it undermines public safety and arguing that the early release of violent criminals is “an affront to victims, their families and people concerned about crime rates statewide.”

At a press conference on Aug. 22, Senate Minority Leader Brian W. Jones (R-San Diego), joined other GOP lawmakers in denouncing the bill, asserting that freedom is a right reserved for law-abiding citizens.

“When violent murderers brutally take a life, they lose their right to freedom,” said Jones.

“Now, radical Democrat politicians want to bring these violent offenders back into our communities. Releasing heinous murderers after promising justice to the victims’ families is not just disrespectful, it’s dangerous,” he said.

Pushing back on the criticisms from across the aisle, Cortese put out on statement stating that Republicans are spreading misinformation about the bill. Cortese reiterated that the bill would not release people from prison, rather it would send people to judicial court, State Parole Board, and the Governor. .

“At each level, public safety is paramount, by utilizing the four-tiered process we are ensuring that only those who have rehabilitated pursuant to a Judicial Court, the Parole Board, and our Governor have the potential to be released. All three must agree. Only those having already served a minimum of 25 years may request a hearing,” said Cortese.

“I would encourage everyone to read the bill and read our proposed amendments,” Cortese added.

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California Black Media

Opinion: California’s Historic Partnership to Save Journalism Creates a Critical Way Forward for News Publishers

Published

1 week ago

September 11, 2024

Oakland Post

Regina Wilson is the Executive Director of California Black Media.

By Regina Wilson, California Black Media

Last week, California arrived at a turning point in the decades-long quest to find a solution to the news crisis in our state.

Assemblymember Buffy Wicks (D-Oakland) brokered a deal that promises to change the future of news in our state. This isn’t just another plan — it’s a unique collaboration that brings together the State of California, news publishers and tech companies, to give our newsrooms the financial support they desperately need.

It also includes the launching of a new National AI Accelerator to explore how artificial intelligence can help journalism thrive in today’s digital world.

This partnership couldn’t come at a more critical time. Local journalism is on life support across our state. Across the country, news outlets are shrinking or shutting down at an alarming rate, leaving communities without vital information. A recent study from Northwestern University found that two and a half newspapers in the U.S. close every week. Since 2005, we’ve lost two-thirds of our newspaper journalists. In California alone, over 100 newspapers have disappeared in the last decade.

Assemblymember Wicks, along with the state and other key players, have come up with a pragmatic way to address this crisis. They’ve created an agreement to revive local journalism in California by using tech industry and public resources — without raising taxes on Californians.

Over the next five years, more than $250 million in public and private funding will go to California’s newsrooms, especially small, local, and community-focused outlets. This isn’t just about saving what’s left. It’s about creating a future where journalism can be strengthened enough to resume its critical roles as interpreter of current events; watchdog of developments in business and public policy; and reliable source of news and information.

As the Executive Director of California Black Media, I can’t stress enough how important this initiative is for ethnic and community media outlets. We’ve always been the trusted voices for historically underrepresented communities, providing news and information that larger outlets often overlook or under-explore. For many of us, this funding could mean the difference between staying open and closing down.

Gov. Gavin Newsom’s support for this initiative, along with his backing of AB 1511, authored by Assemblymember Miguel Santiago (D-Los Angeles), demonstrates the administration’s strong commitment to local and underrepresented media. AB 1511 seeks to increase the state’s investment in marketing, advertising, and outreach dollars directed specifically to our local community news providers.

It’s important to note that this partnership is just the beginning. As Assemblymember Wicks said, this effort is about laying the foundation for a free and vibrant press in California.

As we move forward, I encourage all stakeholders — publishers, journalists, community leaders, and policymakers — to come together and make the most of this opportunity. The future of California’s media landscape is at a crossroads, and with the right support, we can ensure it is incrementally funded to become more diverse, dynamic, and democratic.

About the Author

Regina Wilson is the Executive Director of California Black Media.