1 BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 2 450 N STREET 3 SACRAMENTO, CALIFORNIA 4 5 6 REPORTER'S TRANSCRIPT 7 JULY 30, 2019 8 9 10 11 ITEM K3 12 PROPERTY TAX DEPUTY DIRECTOR'S REPORT; 13 ITEM K3(C) 14 ADOPTION OF THE 2019 STATE-ASSESSED PROPERTY ROLL 15 16 17 18 19 20 21 22 23 24 25 26 27 REPORTED BY: Jillian M. Sumner 28 CSR NO. 13619 1 1 P R E S E N T 2 3 For the Board of Honorable Malia S. Cohen Equalization: Chair 4 Honorable Antonio Vazquez 5 Vice Chair 6 Honorable Ted Gaines First District 7 Honorable Mike Schaefer 8 Fourth District 9 Yvette Stowers Appearing for Betty T. 10 Yee, State Controller (per Government Code 11 Section 7.9) 12 For the Board of David Yeung 13 Equalization Staff: Chief County-Assessed Properties 14 Division Property Tax Department 15 Jack McCool 16 Supervisor Property Tax Department 17 Henry Nanjo 18 Chief Counsel 19 Toya Davis Clerk 20 Board Proceedings 21 ---oOo--- 22 23 24 25 26 27 28 2 1 450 N STREET 2 SACRAMENTO, CALIFORNIA 3 JULY 30, 2019 4 ---oOo--- 5 MS. DAVIS: Our next item is K3(c), Adoption 6 of the 2019 State-Assessed Property Roll. 7 This item will also be presented by 8 Mr. McCool. This item does require a vote. 9 MS. COHEN: Thank you. 10 MR. McCOOL: Again, John McCool with the 11 State-Assessed Properties Division. 12 I'm here to present for your consideration 13 and adoption the recommendation of the 2019 14 State-Assessed Property Roll. 15 The recommendation includes the unitary 16 values adopted at the May 2019 Board Meeting, plus 17 adjustments based on prior Board actions and staff 18 recommended non-unitary values. 19 These recommendations are allocated to 20 individual counties so they can generate tax bills 21 and collect the property tax. 22 Again, I'm happy to answer any questions, 23 and ask for your adoption of the 2019 State-Assessed 24 Property Roll. 25 MS. COHEN: All right. Is there a motion? 26 MR. SCHAEFER: I would so move. 27 MS. COHEN: All right. Motion made by 28 Mr. Schaefer. 3 1 MR. VAZQUEZ: Seconded. 2 MS. COHEN: Seconded by Mr. Vazquez. 3 Roll-call vote. 4 MS. DAVIS: Madam Chair. 5 MS. COHEN: Aye. 6 MS. DAVIS: Mr. Vazquez. 7 MR. VAZQUEZ: Aye. 8 MS. DAVIS: Mr. Gaines. 9 MR. GAINES: Aye. 10 MS. DAVIS: Mr. Schaefer. 11 MR. SCHAEFER: Aye. 12 MS. DAVIS: Ms. Stowers. 13 MS. STOWERS: Constitutional function. 14 MS. COHEN: Thank you. 15 Moving on. 16 ---o0o--- 17 18 19 20 21 22 23 24 25 26 27 28 4 1 REPORTER'S CERTIFICATE 2 3 State of California ) 4 ) ss 5 County of Sacramento ) 6 7 I, Jillian Sumner, Hearing Reporter for 8 the California State Board of Equalization, certify 9 that on July 30, 2019 I recorded verbatim, in 10 shorthand, to the best of my ability, the 11 proceedings in the above-entitled hearing; that I 12 transcribed the shorthand writing into typewriting; 13 and that the preceding pages 1 through 4 14 constitute a complete and accurate transcription of 15 the shorthand writing. 16 17 Dated: August 9, 2019 18 19 20 ____________________________ 21 JILLIAN SUMNER, CSR #13619 22 Hearing Reporter 23 24 25 26 27 28 5