Fillable Form Otc 926 - County Assessor Increase In Valuation Notice printable pdf download

Tax Year

OTC

State of Oklahoma

926

County Assessor Increase in Valuation Notice

Date Mailed ___________ by _________________________County

Revised 6-2013

Account #:

Owner:

Mailing Address:

Street Address:

Legal Description:

This is NOT a tax bill

NOTICE: Receipt of this notice will extend the filing period for Homestead Exemption, Additional Homestead Exemption, and the

Senior Valuation Limitation for 30 days after the receipt of this notice.

CATEGORIES

PREVIOUS YEAR

CURRENT YEAR

Fair Cash Value

Taxable Value

Assessment Percentage

Taxpayer has 20 working days from the date the valuation notice was mailed to file a written complaint with the county assessor using

OTC Form 974, which can be obtained from the county assessor or from the OTC website:

68 0.S., SECTION 2876. INCREASE IN VALUATION-NOTICE-COMPLAINTS AND HEARING.

A. If the county assessor shall increase the valuation of any property above that returned by the taxpayer, or in the case of real property

increase the valuation over the assessment from the preceding year, or pursuant to the requirements of law if the assessor has added

property not listed by the taxpayer, the county assessor shall notify in writing the person in whose name any such property is listed, giving

the amount of such valuation as increased or valuation of property so added.

B. The notice required by this section shall, for cases in which the valuation of real property has increased, include the fair cash value of the

property as used in determining the assessment for the preceding and current year, the taxable value for the preceding and current year, if

different than the fair cash value, and the assessment percentage for the pre-ceding and current year.

C. The notice required by this section may be mailed or delivered to the last-known address of the person affected or to the person in

charge of or in possession of the property and shall clearly be marked with the date upon which the notice was prepared. Any notice dated

as required by this section shall be mailed or delivered within one (1) working day of such date. The notice shall describe the property with

sufficient accuracy to notify the taxpayer as to the property included, together with the assessed value of the property. Duplicate copies of

the notice, showing the date of issuance and mailing or delivery, shall be kept in the office of the county assessor. Such records shall be

prima facie evidence as to the fact of notice having been given as required by this section.

D. The taxpayer shall have twenty (20) working days from the date the notice was mailed or in the event that notice was delivered from the

date of delivery in which to file a written complaint with the county assessor specifying objections to action taken by the county assessor;

provided, in the case of a scrivener's error or other admitted error on the part of the county assessor, the assessor may make corrections

to a valuation at any time, notwithstanding the twenty-day period specified in this subsection. The complaint shall set out the pertinent facts

in relation to the matter contained in the notice in ordinary and concise language and in such manner as to enable a person of common

understanding to know what is intended. The complaint shall be made upon a form prescribed by the Oklahoma Tax Commission.

E. A taxpayer may file a complaint if the valuation of property has not increased or decreased from the previous year if the complaint is filed

on or before the first Monday in May. Such complaint shall be made upon a form prescribed by the Oklahoma Tax Commission.

F. The county assessor shall schedule an informal hearing with the taxpayer to hear the protest as to the disputed valuation or addition of

omitted property. The assessor shall take final action upon the matter disputed within five (5) working days of the date of the informal hear-

ing and shall mail or deliver notice of final action to the taxpayer. The notice of final action shall clearly be marked with the date upon which

the notice was prepared. Such notice shall be mailed or delivered within one (1) working day of such date. Within ten (10) working days of

the date the notice is mailed or delivered, the taxpayer may file an appeal with the county board of equalization. For purposes of this sec-

tion, "working days" shall mean Monday through Friday and shall exclude Saturday and Sunday and any legal holidays. The appeal shall be

made upon a form prescribed by the Oklahoma Tax Commission. One copy of the form shall be mailed or delivered to the county assessor

and one copy shall be mailed or delivered to the county board of equalization.

Form Otc 926 - County Assessor Increase In Valuation Notice

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