State Question 847: What Oklahoma Voters Need to Know Before Nov. 3

State Question 847: What Oklahoma Voters Need to Know Before Nov. 3

State Question 847, on the November 3 ballot, would lower Oklahoma's annual property assessment growth caps — from 3% to 1.75% for homesteads and from 5% to 4% for commercial and rental properties. Supporters say it eases inflation pressure on homeowners and farmers. Critics say it will squeeze schools, counties and cities.

SQ 847: Voters to consider lowering maximum property valuation increases

Oklahoma voters will decide their second state question about property taxes of the year Nov. 3 when they consider a proposal from lawmakers that aims to stem the tide of rising tax assessments. State Question 847 would lower the maximum percentages that the “fair cash value” of properties can increase each year. However, analysts say […]

In The Know: State Question 847: What Oklahoma Voters Need to Know Before Nov. 3 | Defamation suit against Ryan Walters can advance, court rules | Oklahomans can vote with confidence

In The Know is your daily briefing on Oklahoma policy-related news. OK Policy encourages the support of Oklahoma’s state and local media, which are vital to an informed citizenry. Inclusion of a story does not necessarily mean endorsement by the… Read more The post In The Know: State Question 847: What Oklahoma Voters Need to Know Before Nov. 3 | Defamation suit against Ryan Walters can advance, court rules | Oklahomans can vote with confidence…