2011-12 Ad Valorem Forum 1
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Volume XX, Issue XII December 2011 The mission of the Ad Valorem Division of the Oklahoma Tax Commission is to promote an ad valorem property tax system which is fair and equitable to all taxpayers by implementing standard valuation methodology, tax law conformity, and assessment administration compliance. Oklahoma Ad Valorem F O R U M Continued on page 2... “IAAO Zangerle Award Winner: 1997 and 2010” Director’s Notes: Merry Christmas, Happy New Year, and Holiday Wishes from the Ad Valorem Division. Hope that everyone is enjoying this time of year and getting to see family and friends and participating in all the fun things going on in December. The State Board of Equalization had a good session for its December 1, 2011 meeting. We reported on the results of the Equalization Study and the Annual Valuation, the fee schedule report was made by State Auditor Gary Jones. The report on a review of the Equalization and Annual Valuation studies was discussed with a further report December 20, 2011. The Board accepted the Ad Valorem Division’s findings on the Equalization Study. The State Auditor and the Ad Valorem Division have issued orders on the two counties working on their compliance status. The Board amended the recommendation on Caddo County to make it clear the county needs to make progress to resolve its compliance issues by June 15, 2012 or be placed at Category 3. Improvement and concern letters will be out about mid-January 2012. Please discuss those letters with your assessment and equalization analyst assigned to your county, Glen Blood or Joe Hapgood. The letters are an early warning and a reminder to focus your efforts on good values, good records and good assessment practices. Many of these letters have reported the same problem for several years in a row without any progress, and they may become compliance issues. The Business Personal Property Guide for 2012 will be posted on the web site. We expect to finalize it by January 1, 2012 after the Commission reviews the final draft and comments. We’re pleased with all the input that we’ve had this year from industry, county assessors, and ad valorem recipients. Thanks go to Larry Rawlings and the Personal Property Section staff Patty Heath, Doug Brydon, and Paula Gibson for their efforts. For the new assessors who came in last year, it is amazing their first year in office has already passed. I’m sure that they’ve all found it interesting and challenging. There are many little things about the ad valorem system that aren’t exactly covered in the County Handbook, right? As the year ends, we’re reminded that it’s about the people, not the other stuff. County assessors and deputies, county treasurers, company taxpayers, and Center for Local Government Technology, Cooperative Extension, the County Assessors’ Association and the Oklahoma Tax Commission have all continued a solid working relationship in the last few years. We’re looking forward to more of the same in 2012 regardless of the changes that lie ahead. Thanks to everyone for helping us complete all the year end reports.
|Okla State Agency||
Tax Commission, Oklahoma
|Okla Agency Code||'695'|
|Title||Ad valorem forum, 12-2011, v.20 no.12|
Oklahoma Tax Commission.
|Purpose||Director's Notes; "A Mapping Minute" with Troy Frazier One of the consequences of the State's effort to centralize I.T. functions is the centralization of resources on the web.|
|For all issues click||T500.6 A189f|
|Digital Format||PDF, Adobe Reader required|
|ODL electronic copy||Downloaded from Agency website: http://www.tax.ok.gov/advform/avfDec11.pdf|
|Rights and Permissions||This Oklahoma State Government Publication is provided for educational purposes under US copyright law. Other usage requires permission of copyright holders.|