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Code · Oklahoma · Title 70 — Schools

§70-18-107.1. Determining financial support to school districts

103 words·~1 min read·/ok/title-70-schools/70-18-107-1·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

through State Aid Formula - Property included in assessed valuation.
Except as provided for in subsection D of Section 18-200 of this title, for the purpose of determining the financial support to school districts through the State Aid Formula, the assessed valuation of a school district shall include the total valuation of
property exempt from taxation by virtue of Section 6B of Article X of the Oklahoma Constitution as approved for reimbursement by the Oklahoma Tax Commission pursuant to the provisions of Section 193 of Title 62 of the Oklahoma Statutes. Added by Laws 1992, c. 334, § 43, eff. July 1, 1992.
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