The Norman Transcript

May 2013 Tornadoes

May 21, 2013

County crews will assess property damages



“As long as we get information one way or another, we will determine assessed rates,” he said.  In cases where homes were destroyed, the assessed rate will apply only to the land.  However, if homes are rebuilt on the site, a new assessment will occur.

Thanks to a new law passed by the Legislature just this year and signed by the governor, the cutoff date for adjusted assessment totals has been extended to Oct. 1 in case of storms like tornadoes.  Previously, the law had a cutoff date of May 1.

In June, Tinsley will provide the State Tax Commission with an abstract showing the assessed values of all property.  Last year, the estimate figured at 12 percent of real value.  That 12 percent amounted to nearly $1.7 billion in 2012.

Tinsley said he might need to send in an amended total to the state, which includes damages from this tornado.

Oklahoma County has already contacted Tinsley to offer assistance.

The assessor said he has heard from other assessors in the state, including Roger Mills, Carter, Noble and Pittsburg counties.

Some of the assessors are simply notifying Cleveland County that they are saying prayers.

Tinsley said he even received an offer from a Louisiana assessor wanting to help out.   

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