OKC’s late June storm damage to property totaled $7.4 million

 

 Oklahoma County Assessor personnel were in the field June 26th to determine property damage after severe storms on June 25th caused serious wind damage in Oklahoma City.  In three locations in Oklahoma County, $7.4 million in damage resulted from the wind event.  That translates to an estimated $100,600 reduction in property taxes.

     The Assessor’s office has the statutory duty to set property values and has the ability to reduce them to save property owners money on their taxes after acts of God such as storms, fires and other natural disasters.

Who:  Oklahoma County Assessor

What:  $7.4 Million Property damage from June 25, 2024 Severe Storms – $100,600 reduced property taxes

Where:  Oklahoma County – Three locations

When:  June 25, 2024

Why:  The Assessor’s Office has the statutory duty to set values and has the ability to reduce property values after Acts of God and save property owners on their property taxes after storms, fires or other natural disasters.