Oklahoma County Assessor Larry Stein announced this week his office had determined the early November tornadoes that hit the county partially damaged or destroyed 231 properties.
He also said the damages totaled $57.9 million and were growing.
“Our teams have been all across the area impacted by the rare early November 2-3 storm system which hit overnight. I’ve toured the areas and seen the incredible destruction and it is incredible and an amazing blessing everyone survived the storms with only minor injuries,” Stein said.
“If your home was damaged, you may not know if we have already documented the damage to your home. If you are wondering, you can always call our office at (405) 713-1201 and we can confirm if we have documented any damage to your property. We are doing our best to document and complete this task as soon as possible,” Stein said.
What Happens Next
“After the documentation of damage the assessor will report the damage to the Board of Tax Roll Corrections. When the property value is reduced or eliminated, the property taxes on the real property may also be reduced or eliminated. The bad news is the properties have been damaged or destroyed and families have suffered a devastating event. The Assessor’s Office CAN PROVIDE property tax relief. Currently we are documenting the damage which should save property owners more than $700,000 in property tax savings,” Stein said.
“Assessors made this legislative suggestion and the legislature approved the legislation after wildfires in Central Oklahoma in April of 2010. The fires hopscotched across the county destroying more than 100 homes and injuring more than 30 people. With this change in Title 68, homeowners would have suffered the loss of their home and have been required to pay the entire year’s property taxes on a home that was no longer there. This change was able to provide relief from natural disasters,” Stein explained.
Source: press release
