Oklahoma § 68-2842 - Assessment roll - Form - Content - Adjustments - Annual

§ 68-2842. Assessment roll - Form - Content - Adjustments - Annual

report.

A. Each county assessor in the state shall annually prepare an

assessment roll, which shall be in such form as may be prescribed by

the Oklahoma Tax Commission and shall contain the following:

1. A list of all lands in the county in numerical order

beginning with the lowest numbered section, in the lowest numbered

township in the lowest numbered range in the county, and ending in

the highest numbered section, township and range, with the number of

acres in each tract, and the numbers of the school districts in

which such lands are located, and the name and address of the owner

in each instance excepting unplatted lands located inside a city or

town;

2. A list of town lots in each town or city in like numerical

order and the unplatted lands located inside each city and town, in

numerical order beginning with the lowest numbered section in the

lowest numbered township and range with the number of acres in each

tract, and the number of the school district in which such lots or

tracts are located, and the name and address of the owner in each

instance;

3. A list in alphabetical order of all persons and bodies

corporate in whose names any personal property has been assessed,

the address of each such taxpayer, the number of the school district

in which such property is taxable, with a sufficient number of

columns opposite each name to enter the value, and where practicable

the number of the several classes of property assessed to each

property owner;

4. The value fixed by the county assessor of all property; and

additional columns to show the equalized value as fixed by the State

Board of Equalization. In listing real estate the value of land and

improvements shall be shown separately in each instance; provided,

in those counties in this state which have approved an exemption of

household goods of the heads of families and livestock employed in

support of the family from ad valorem taxation pursuant to the

provisions of subsection (b) of Section 6 of Article X of the

Oklahoma Constitution, the county assessor may, in preparation of

the assessment roll, combine the value of land and improvements

thereon; and

5. Such other information as may be required by the Tax

Commission. Each property in which there is a homestead interest

shall be entered on a separate line, and the assessment roll shall

Oklahoma Statutes - Title 68. Revenue and Taxation

show the total assessed valuation of each homestead, the amount of

exemption allowed, and the assessed valuation less the exemption.

B. The assessment roll shall be available electronically to the

county board of equalization while the board is in session, in order

that the board may correct and adjust the taxable value of the

property of the county. If there should be any lawful adjustments

necessary, the board shall inform the county assessor in writing on

a form prescribed by the Oklahoma Tax Commission.

C. Prior to November 1 each year, the county assessor shall

submit on a form prepared by the Tax Commission a report to the Tax

Commission which states the net assessed valuation and millage levy

of each political subdivision or taxing authority of the state that

is authorized to levy a property tax regardless of whether such

property tax is actually levied.

Added by Laws 1988, c. 162, § 42, eff. Jan. 1, 1992. Amended by

Laws 1989, c. 321, § 11, operative Jan. 1, 1992; Laws 1998, c. 405,

§ 6, eff. Nov. 1, 1998; Laws 2005, c. 116, § 5, eff. Nov. 1, 2005.