BOE Special Meeting 05/20/2026

The Oklahoma County Board of Equalization held a special meeting on May 20, 2026, primarily focused on setting fair market values for various properties. The board reviewed multiple property valuations, including residential, land, and large apartment complexes, discussing assessor and taxpayer valuations, construction costs, and income analyses. Several motions were made and passed to establish property values, such as setting a residential property at $187,000, a 2.9-acre land parcel at $1,450,000, and large apartment complexes at values ranging from approximately $13.5 million to $90 million. The discussions included detailed considerations of remodeling costs, construction labor, vacancy rates, and operating expenses, reflecting the board's efforts to reconcile differing valuations and finalize assessments for tax purposes.