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California State Board of Equalization Annual Report 2016-17

California State Board of EqualizationA NNUA LREPORT2 016 -17 Board MEMBERSSEN. GEORGE RUNNER (RET.)First DistrictLancasterFIONA MA, CPAS econd DistrictSan FranciscoJEROME E. HORTONT hird DistrictLos Angeles CountyDIANE L. HARKEYF ourth DistrictOrange CountyBETTY T. YEES tate ControllerEXECUTIVE DIRECTORDEAN R. KINNEEThe Honorable Edmund G. Brown, Jr. Governor of CaliforniaJu ne 2018 Dear Governor Brown: On behalf of the Members of the State Board of Equalization (BOE), I am pleased to present to you our Annual Report for fiscal year 2016-17 . The BOE supports California s State and local governmental finance system and provides essential revenue for the State s cities, counties, and special tax districts. BOE-administered programs produced $ billion in revenue in 2016-17 . The State s portion, $ billion, contributed percent of all State revenue for the fiscal year. Thanks to the continual commitment of employees and a steady focus on improving technology, the BOE provides efficient and effective tax administration.

On behalf of the Members of the State Board of Equalization (BOE), I am pleased to present to you our annual report for fiscal year 2016-17.

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