Okla. Stat. tit. 62, § 62-867
This is the official text of Okla. Stat. tit. 62, § 62-867, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Report to taxing entity
Official statutory text
A. For those increment districts in operation for nine (9)
months or more, on or before the ninetieth day following the end of
each fiscal year, the governing body of a city, town or county shall
submit a report to the chief executive officer of each taxing entity
that levies ad valorem taxes on property in an increment district.
The report shall include:
1. The amount and source of revenue captured and apportioned
pursuant to the project plan;
2. The amount and purpose of expenditures;
3. The amount of principal and interest due on outstanding
bonded indebtedness;
4. The tax increment base and current captured appraised value
or the other local tax or fees collections retained by the area;
5. The captured appraised value or the other local tax or fee
collections shared by the city, town or county and other taxing
entities, the total amount of tax increments received and any
additional information necessary to demonstrate compliance with the
plan adopted by the city, town or county;
6. The name of the person who is currently in charge of the
implementation of the plan; and
7. The names of the persons who have disclosed an interest as
required pursuant to Section 857 of this title and the interest
disclosed.
B. For those incentive districts in operation for nine (9)
months or more, on or before the ninetieth day following the end of
each fiscal year, the governing body of a city, town or county shall
submit to the chief executive officer of each taxing entity that
Oklahoma Statutes - Title 62. Public Finance Page 566
levies property taxes on real property in an incentive district.
The report shall include:
1. The parties receiving incentives or exemptions;
2. A general description of the property and the improvements
to be made;
3. The portion and fair market value of the property to be
exempted or that portion of the local taxes to be subject to
incentives or to be exempted;
4. The duration of the incentives or exemptions;
5. Any additional information necessary to demonstrate
compliance with the tax incentives or exemptions;
6. The name of the person who is currently in charge of the
implementation of the plan; and
7. The names of the persons who have disclosed an interest as
required pursuant to Section 857 of this title and the interest
disclosed.
C. At the time of submitting the reports as required by
subsections A and B of this section, the governing body shall
publish in a newspaper of general circulation in the city, town or
county, a summary of the relevant financial information along with a
notice to the effect that such report has been prepared and that the
report is available for inspection during business hours in the
office of the municipal or county clerk.
months or more, on or before the ninetieth day following the end of
each fiscal year, the governing body of a city, town or county shall
submit a report to the chief executive officer of each taxing entity
that levies ad valorem taxes on property in an increment district.
The report shall include:
1. The amount and source of revenue captured and apportioned
pursuant to the project plan;
2. The amount and purpose of expenditures;
3. The amount of principal and interest due on outstanding
bonded indebtedness;
4. The tax increment base and current captured appraised value
or the other local tax or fees collections retained by the area;
5. The captured appraised value or the other local tax or fee
collections shared by the city, town or county and other taxing
entities, the total amount of tax increments received and any
additional information necessary to demonstrate compliance with the
plan adopted by the city, town or county;
6. The name of the person who is currently in charge of the
implementation of the plan; and
7. The names of the persons who have disclosed an interest as
required pursuant to Section 857 of this title and the interest
disclosed.
B. For those incentive districts in operation for nine (9)
months or more, on or before the ninetieth day following the end of
each fiscal year, the governing body of a city, town or county shall
submit to the chief executive officer of each taxing entity that
Oklahoma Statutes - Title 62. Public Finance Page 566
levies property taxes on real property in an incentive district.
The report shall include:
1. The parties receiving incentives or exemptions;
2. A general description of the property and the improvements
to be made;
3. The portion and fair market value of the property to be
exempted or that portion of the local taxes to be subject to
incentives or to be exempted;
4. The duration of the incentives or exemptions;
5. Any additional information necessary to demonstrate
compliance with the tax incentives or exemptions;
6. The name of the person who is currently in charge of the
implementation of the plan; and
7. The names of the persons who have disclosed an interest as
required pursuant to Section 857 of this title and the interest
disclosed.
C. At the time of submitting the reports as required by
subsections A and B of this section, the governing body shall
publish in a newspaper of general circulation in the city, town or
county, a summary of the relevant financial information along with a
notice to the effect that such report has been prepared and that the
report is available for inspection during business hours in the
office of the municipal or county clerk.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.