Okla. Stat. tit. 62, § 62-864: Adjustment in school State Aid

In those cases where the net assessed valuation of the real

property within a school district increases as a result of the

provisions of Sections 860 and 861 of this title, the school

district's State Aid shall be determined by subtracting such

increase in the net assessed valuation from the assessed valuation

of the school district and the state. Such increase shall be

subtracted for each fiscal year during which the incentives or

exemptions are granted in the case of property within an incentive

district or such increase shall be subtracted for each fiscal year

the increment is captured in the case of property within an

increment district. The increase in net assessed valuation

subtracted, in the case of property within an increment district,

shall be the amount that represents that portion of the increment

which is captured and which is actually used for the purposes of

this act.