Okla. Stat. tit. 70, § 70-5-134

A. No later than December 31 of each year the board of

education of each school district of the state shall prepare, on a

form prescribed by the State Board of Education, a preliminary

estimate of the amount or amounts of money and tax rate or rates

which it then believes will be required for the district for the

ensuing fiscal year; and if such preliminary estimate shows an

estimated need for a levy requiring the approval of the school

district electors of the district under Section 9 or Section 10 of

Article X of the Oklahoma Constitution, as amended on April 5, 1955,

such preliminary estimate shall contain a call for an election to be

held on the second Tuesday in February, or on such other date as may

be provided for the election of the members of the board of

Oklahoma Statutes - Title 70. Schools Page 294

education to vote on the question of making such levy or levies. In

determining the eligibility of the school district to make an

emergency levy under the provisions of subsection (d) of Section 9

of Article X of the Oklahoma Constitution, as amended, the legal

current expenses of the district shall be all the expenditures from

the general fund of the district during the preceding year, except

(1) expenditures for transportation of pupils; (2) capital outlay;

(3) debt service; and (4) the amount appropriated from any previous

emergency levy; and the Two Hundred Fifty Dollars ($250.00) per

capita cost fixed by said subsection (d) of Section 9 of Article X

of the Oklahoma Constitution, for the fiscal year ending June 30,

1956, is hereby increased to One Thousand Dollars ($1,000.00) for

the fiscal year ending June 30, 1963, and said sum of One Thousand

Dollars ($1,000.00) shall thereafter be increased or decreased by

the State Board of Education in proportion to the increase or

decrease in the per capita income of Oklahoma citizens. Such

preliminary estimate shall be published in one issue of a newspaper

having general circulation in the district at least ten (10) days

before such election. Provided, that the county excise board or the

board of education of any school district may call a special

election for any date for the purpose of voting upon a levy

authorized by Section 9 or 10 of Article X of the Oklahoma

Constitution, as amended. Notice of any election called under the

provisions of this section shall be given by publication in one

issue of a newspaper having general circulation in the school

district at least ten (10) days before such election.

B. The requirements of this section shall not apply to school

districts that have adopted a permanent millage pursuant to

subsection (d-2) of Section 9 of Article X of the Oklahoma

Constitution.