Founded in 1879, the California State Board of Equalization, also known as BOE, is a publicly elected tax board. It hears business tax appeals, acts as an appellate body for franchise and personal income tax appeals and serves a significant role in the assessment and administration of property tax. The California State Board of Equalization offers county property tax assessment practice services. Its revenues support various state and local government programs and services, as well as schools, colleges, hospitals, health care, correctional, transportation and housing facilities, and social welfare, law enforcement, and natural resource management agencies. The California State Board of Equalization maintains one of its offices in Chicago.