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Board approves 2024 five-year manufacturers' exemption report; assessor warns of threat to ad valorem tax base
Summary
The Oklahoma County Board of Equalization voted Jan. 27, 2025 to approve the county’s amended 2024 five-year manufacturers' exemption report and to submit two previously denied forms to the Oklahoma Tax Commission.
The Oklahoma County Board of Equalization voted unanimously on Jan. 27, 2025 to approve, as amended, the county’s 2024 five-year manufacturers' exemption report and to submit two previously denied forms (XM2 and XM4 for Latica) to the Oklahoma Tax Commission for review.
Assessor’s office staff told the board the XM2 and XM4 accounts were not included in last year’s submission because the county had previously been denied by the Tax Commission; however, the Tax Commission advised those forms still must be submitted. The board approved signing and…
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