Okla. Stat. tit. 68, § 68-2481.4: Payment of revaluation costs - Apportionment of costs -

Appropriation of amount - Statement to jurisdictions receiving

revenue - Billing statement.

A. The cost of the comprehensive program of revaluation shall

be paid by appropriate warrants from those who receive the revenues

of the mill rates levied on the property of the county in the

following manner: The county assessor shall prepare a special

budget for such comprehensive program of revaluation and file the

same with the county excise board or county budget board.

B. That board shall apportion such cost among the various

recipients of revenues from the mill rates levied, including the

county, all cities and towns, all school districts excluding any

sinking funds of such recipients, in the ratio which each

recipient's total tax proceeds collected from its mill rates levied

for the preceding year bears to the total tax proceeds of all

recipients, excluding sinking funds, from all their mill rates

levied for the preceding year.

C. Such amounts shall be included in or added to the budgets of

each such recipient and the mill rates to be established by the

board for each such recipient for the current year shall include and

be based upon such amounts. Then the board and each such recipient

shall appropriate the said amounts to the county assessor for

expenditure for the comprehensive program of revaluation.

D. The county assessor shall render a statement to each of the

jurisdictions within the county which receive revenue from an ad

valorem mill rate excluding sinking funds. Such statement shall

include the following information:

1. The current fiscal year in which the charge has been

incorporated in the jurisdiction's budget;

2. All jurisdictions receiving statements from the county

assessor, the mill rate for each in the previous year, and the

proportion of each to the combined mill rates of each jurisdiction

within the county for the previous year; the proportions specified

in this paragraph should sum to one hundred percent (100%); and

3. The charge for the entity receiving the statement as well as

the charge for each jurisdiction of the county based upon the

proportions specified in paragraph 2 of this subsection; the total

of all current year charges for all county jurisdictions should sum

to the total county assessor's budget for the comprehensive program

of revaluation for the current fiscal year.

E. In any county wherein any jurisdiction's budget and mill

rates are not subject to review and approval by the county excise

board, the county assessor shall nevertheless include any such

jurisdiction in the calculations required under subsection A of this

section. The county assessor shall also render a billing statement

to any such jurisdiction showing the charge for the current fiscal

year due from the jurisdiction. Such billing statement shall also

show all the information specified in paragraphs 2 and 3 of

subsection D of this section. Such billing statement shall clearly

indicate that the charge payable by the jurisdiction is due and

payable by December 31 of the current fiscal year.