Okla. Stat. tit. 68, § 68-2820

A. Each county assessor shall conduct a comprehensive program

for the individual visual inspection of all taxable property within

his respective county. Each assessor shall thereafter maintain an

active and systematic program of visual inspection on a continuous

basis and shall establish an inspection schedule which will result

in the individual visual inspection of all taxable property within

the county at least once each four (4) years.

B. The first cycle of visual inspections for property shall

begin upon January 1, 1991, as prescribed by Section 2481.1 of Title

68 of the Oklahoma Statutes, and shall end upon December 31, 1994.

Thereafter, each succeeding four-year cycle for visual inspections

shall begin upon January 1 of the year following the fourth year of

the preceding cycle and shall end upon December 31 of the applicable

four-year cycle. The county assessor shall utilize the standard

parcel identification system required by law to assign each parcel

of real property a unique identification code or number. The code or

number shall be used to ensure that the inspection sequence for real

property results in a visual inspection of each parcel at least once

each four (4) years. Each successor of the county assessor shall

use the same cycle as used by the assessor's predecessor in office

for visual inspections of property.

C. Prior to the beginning of the first visual inspection cycle

and each subsequent visual inspection cycle, the county assessor

shall develop a plan that details the number of real property

parcels to be inspected in each year of the cycle by use category,

geographic area or other basis, the resources and budget proposed to

complete the inspections and the valuation methodology to be used in

determining the fair cash value of the real property and

improvements thereon. The plan shall be adequate to ensure the

visual inspection of all parcels of real property within the county

at least once each four (4) years. The plan shall also be adequate

to ensure that the information collected from the visual inspection

of real property each year is sufficient to establish a

representative sample from each use category in order to conduct the

proper valuation of all taxable property within each use category by

means of an accepted standard for mass appraisal practice. The

county assessor shall submit the proposed plan to the Oklahoma Tax

Commission by the first working day in October preceding the

beginning of the four-year cycle. The Oklahoma Tax Commission shall

either approve the plan if the plan and resources are adequate to

complete the cycle and if the plan will result in a representative

sample from each use category in order to value all taxable property

each year or shall correct and modify the plan in order to establish

a program for visual inspection that will be completed by the end of

the cycle and that will provide a representative sample from each

Oklahoma Statutes - Title 68. Revenue and Taxation Page 1158

use category in order to value all taxable property each year. An

approved plan shall be made for each county as of the beginning date

of each cycle and a copy of such plan shall be filed with the

Oklahoma Tax Commission.

D. Each year the county assessor shall submit a progress report

to the Oklahoma Tax Commission indicating the number of real

property parcels inspected by use category, geographic area or other

basis, the resources and budget expended in the last completed

fiscal year and the valuation methodology used to determine fair

cash values of the real property and improvements. The Oklahoma Tax

Commission shall correct and modify any visual inspection plan

during the four-year cycle if progress reports indicate that

inspection of real property parcels will not be completed or will be

performed in violation of legal requirements for such inspections.

The county assessor shall be required to complete the four-year
ir

cash values of the real property and improvements. The Oklahoma Tax

Commission shall correct and modify any visual inspection plan

during the four-year cycle if progress reports indicate that

inspection of real property parcels will not be completed or will be

performed in violation of legal requirements for such inspections.

The county assessor shall be required to complete the four-year

cycle in accordance with such plan as corrected and modified.

E. Each county assessor shall prepare and submit to the

Oklahoma Tax Commission a detailed report of the progress made in

the visual inspection program in his county to the date of the

report and it shall be made a matter of public record. Such report

shall be submitted upon forms supplied by the Oklahoma Tax

Commission and shall consist of such information as the Oklahoma Tax

Commission requires. The progress report shall be submitted not

later than October 15 each year or the first working day thereafter.

Based in part on all such county progress reports, the Oklahoma Tax

Commission shall prepare its own report from all sources and

transmit a copy of its own report to the Legislature and the State

Board of Equalization.