The Cleveland County Excise Board met on August 13, 2026, at 10:00 AM local time in Norman, Oklahoma, for a special meeting with a single agenda item: discussion and possible action regarding approval of the 2026 Cleveland County Valuations. No public comments were submitted. The board unanimously approved the valuations after a presentation from the County Assessor's office, which highlighted a countywide growth of just over 5% in total assessed value.
Here. Here. We have a quorum. All right. We have a quorum. Uh, the notice of this meeting was properly posted on August the tenth, twenty twenty-six. And uh, there is a public comment item on our agenda today. Is anybody that's no one signed up? No public comments today. We have one item of business, and that is the discussion of possible action regarding approval at the twenty twenty-six Cleveland County valuation. This is uh big day. This is the twenty twenty-six Cleveland County uh excise report to the orc report to the excise board. This is what everybody that gets more dollars once they get this report, then they can take their estimate of these and evaluation either school district cities, and we can figure out basically right more taxes or other either. So everybody wants to do this. We have uh they audit for the or trying to get it uh we've got financial feedback, etc. So anyway, with that, I'm gonna give you uh one everybody wants to know how much growth we've had in the county. And that kind of gets you an estimate. What Cleveland County is doing. And obviously, a lot of counties in the state don't have growth, and they're going the other way. A lot of different things that help us continue. We've grown. Some more, some less, but that allows us to improve services for the boys. Um, the commissioners we get additional money there, we do things for the public. It's just a positive if we have more growth, we can do some extra things. So I'm gonna give you this. This is the one that's gonna show in the blue, it's gonna show growth, uh, where we have growth in the different areas, school districts, crew techs, things like that in the county. So in a minute, I'm gonna give you the actual true exile report. It's about probably 25 pages off. This is for anybody financial, whether it's uh CFOs, chief financial officers, people that work for entities that figure what we call uh nominal tax rate or double deals. These first three pages, that's all they're the report's got another 27 pages that it's just kind of some other statistical, but anybody financial wants these. So on this first page, uh it's broken down. This is the first county valuation that's broken down by school district. You see up on the top of Low. Well, you can see it's broken down. We break it down by categories by personal property, public service, real estate, you know, personal property could be farm equipment, business, personal, you know, machinery, equipment, inventories, public services like OGE, uh OGE, things like that, real estate's lands and buildings, and then they're in that fourth column. You got the total total valuations. Then in Cleveland County, all counties across the state are statutorily exemptions that you can qualify. Most common homestead, we have a double homestead. We have uh we have a lot of veterans in our county, where a veteran he's disabled 100% serving in a war national emergency. He can actually get his property uh from this county. So those are about exemptions. Then we get to the third end. If you go down to the bottom, it'll tell our county that third column on the end. It'll go down to county total plus tip, which we do have one TIF currently in Cleveland County, it's around campus area. Uh but that takes the county total growth plus that tip, which is a tax and incremental finance district. Our total county value valuation this year is three billion five hundred and twelve million two hundred and thirty two hundred fourteen thousand three hundred and eighty-nine. So that's our total growth. If you divide that by that tells you how much guys actually taxable, you divide that by twelve percent or assessment level. That means we have about twenty-nine billion dollars that are taxed on Cleveland County. In reality, because of uh the cash three and five percent that come out sometimes.