Okla. Admin. Code § 710:10-10-3

Current through Vol. 42, No. 4, November 1, 2024

Section 710:10-10-3 - Elements required of the visual inspection plan

(a) Prior to the beginning of the first four-year visual inspection cycle and each subsequent visual inspection cycle, the county assessor shall develop a detailed visual inspection plan, to be submitted to the Oklahoma Tax Commission, which shall contain the comprehensive elements set out in (1) through (10) of this Section.

(1) The county assessor shall develop a plan that specifies the number of real property parcels to be inspected in each year of the cycle.

(2) The county assessor shall further detail the number of real property parcels to be inspected in each year of the cycle by use category.

(3) The county assessor shall designate in this plan the number of real property parcels to be inspected and covered in each year of the cycle by geographic area.

(4) The county assessor shall develop a visual inspection plan that describes the resources and proposed budget to complete the four year visual inspection.

(5) The county assessor shall propose a detailed plan to complete the valuation methodology to be used in determining the fair cash value of the property and improvements thereon.

(6) The plan shall be adequate to ensure the visual inspection of all parcels of property within the county at least once each four-year cycle.

(7) The plan shall also be adequate to ensure that the information collected from the visual inspection of real property each year is sufficient to establish a representative sample from each use category in order to conduct the proper valuation of all taxable property within each use category.

(8) The plan shall also be adequate to ensure that the information collected from the visual inspection of real property each year is sufficient in order to conduct the proper valuation of all taxable property by means of an accepted standard(s) established by the Oklahoma Tax Commission for mass appraisal practice.

(9) The county assessor shall allow the Oklahoma Tax Commission to review copies of all contracts using monies from the visual inspection fund.

(10) The county assessor shall attest that all funds in the visual inspection program are being used exclusively to carry out the visual inspection program as authorized by 68 O.S. § 2820 et. seq.

(b) The Oklahoma Tax Commission shall approve or reject the plan in writing. The plan and resources need to be detailed to assure completion of the cycle. The plan will result in a representative sample from each use category in order to value all taxable property each year. If rejected by the Tax Commission, the county assessor shall correct and modify the plan in order to establish a program for visual inspection that shall be completed by the end of the cycle.

(c) An approved plan shall be in place for each county as of January 1 of the first year of each cycle and a copy of such plan shall be filed with the Ad Valorem Division of the Oklahoma Tax Commission.

(d) The county assessor shall submit the proposed plan to the Ad Valorem Division of the Oklahoma Tax Commission by the first working day in October preceding the beginning of the four-year cycle.

Okla. Admin. Code § 710:10-10-3

Added at 14 Ok Reg 2670, eff 6-26-97; Amended at 18 Ok Reg 2796, eff 6-25-01; Amended at 19 Ok Reg 1205, eff 5-11-02