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According to the Oklahoma County Assessor's Office: Filing for a homestead exemption with the county clerk exempts the first $1,000 of assessed value from taxation on your residential property.
Leonard Sullivan (December 12, 1934- October 4, 2021) was an American politician who served in the Oklahoma House of Representatives between 1986 and 2004 and as the Oklahoma County Assessor between 2004 and 2018.
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The County Assessor is the core of the Oklahoma property tax system. The assessor is required to establish the market and taxable value of real and business property in the county. Each year, the assessor prepares ex assessments and submits them to the county treasurer. The assessor does not raise or lower the property tax, only sets the value ...
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On December 1 of each year, or the first working day thereafter, the Board must equalize the taxable real and personal property value of the several counties for the purpose of tax assessment by the county assessors. This is done by determining the ratio of the aggregate assessed value of the county to the fair cash value of the county.
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