BOE-571-LA (P2) REV. 23 (05-19)
INSTRUCTIONS FOR COMPLETING ALTERNATE SCHEDULE A FOR BANK, INSURANCE COMPANY,
OR FINANCIAL CORPORATION FIXTURES
This schedule is applicable ONLY to: (1) banks and financial corporations that are subject to taxation under th e provisions of section
23181 et seq. of the Revenue and Taxation Code; and (2) insurance companies that are subject to taxation under the provisions of section
28 of Article XIII of the California Constitution. If the assessee named on this statement is not a bank, financial corporation, or insurance
company as defined in the preceding sentence, so indicate in the "Remarks" section and do not complete this schedule. Complete
BOE-571-L, Business Property Statement, and return it and this schedule to the Assessor.
If the assessee named on this statement is a bank, financial corporation, or insurance company as dened above, complete entire
BOE-571-L, except do not complete Sc hedule A or Column 2 of Sc hedule B of that s tatement. This supplemental schedule must be
completed in lieu of Schedule A and Column 2 of Schedule B and submitted with BOE-571-L.
NAME and LOCATION. Enter the OWNER NAME and LOCATION OF THE PROPERTY as indicated on the front of
BOE-571-L.
CORPORATION NUMBER. Enter t he corporate number issued by t he California Secretary of State. If this number has not been issued,
enter t he equivalent number issued by t he Franchise Tax Board.
FIXTURES. Under the California law, p ersonal property owned by a ban k or financial corporation, and personal property owned by an
insurance company, are exempt from property tax assessment. However, xtures are taxable and must be reported on this schedule.
Report t he cost of y our xtures by calendar year of acquisition in the column that best describes the xtures. Total the reported costs and
enter the total on (P1), line 6, of BOE-571-L.
Do not include building costs which are reported in Column 1 of Schedule B of BOE-571-L.
To facilitate your reporting, below is a list of typical fixtures. Note that some items may be capitalized as personal property on your records,
but must be reported as xtures on this schedule. If additional information is needed, please contact the Assessor’s Office cited on the
face of BOE-571-L.
COLUMNS 3, 5, and 6. Report separately each item’s cost, year of acquisition, and descriptive code ("C" for Carpets, "DR" for Drapes, "V"
for Vault Door, "N" for Night Depository, "D" for Drive-up Window, "W" for Walk-up Window, and "K" for Kiosk.) If carpets and drapes were
acquired in the same year, please attach a separate schedule listing the year of acquisition and the individual costs.
COLUMN 4. ATMs that are installed as free standing or counter-top units within a building are classied as personal property. ATMs installed
in a structure built primarily for the purpose of housing the ATMs, or an ATM installed through the wall of a building, is classied as a xture.
(See Property Tax Rule 122.5(e)(9) and Assessor’s Handbook Section 504, page 18.)
REFERENCE LIST
LIST OF TYPICAL FIXTURES TO BE REPORTED IN COLUMN 1
LIST OF TYPICAL FIXTURES TO BE REPORTED IN COLUMN 2
Auditorium equipment (seating-stage and lighting-sound-projection)
Auxiliary or standby power generation equipment and ride through
Conveyors
generators
Counters (include teller lines and railings)
Burglar alarms
Interior railings (not safety railings-staircase or mezzanine)
Cameras (surveillance) attached to walls or columns
Man traps
Closed circuit television systems
Permanently attached partitions (less than ceiling heights)
Electronic security or surveillance equipment
Power panels, plumbing, and wiring for computers
Music and security paging systems
Restaurant and cafeteria equipment including plumbing
Signs
Safe-deposit booths (partitions)
Standby air conditioning for computers
Shelving (attached or built-in)
Telephone systems equipment if permanently annexed to real
Vault alarm systems
property
Vault ventilator
Trash compactors and paper shredders
Wall-hung desks and built-in desks
Vacuum air tube systems and compressors
