We have here a curious case where The Oklahoman thinks some of us are insufficiently taxed:
[S]ome Oklahoma counties have failed to assess properties at market value and collect the associated property taxes.
A study prepared by the Oklahoma Tax Commission at the request of State Auditor and Inspector Gary Jones and Oklahoma Watch found 52 of Oklahoma’s 77 counties failed to collect $192 million in property tax revenue in 2014. That shortfall was created by county assessors who didn’t appraise property at market values.
The big counties, which have their own systems, seem to be doing okay, but the smaller ones, part of a multi-county computer system, maybe not so much:
In Pottawatomie County, for example, the study concluded residential property valuations were 16 percent below market value, and commercial property valuations were 24 percent too low.
In Pittsburg County, residential properties were 19 percent undervalued and commercial property was 54 percent below market rates.
Assessors in 16 counties have done such a bad job that the state Board of Equalization has warned that those counties’ assessors could have their paychecks suspended and their offices taken over by the state. Those counties are Adair, Bryan, Choctaw, Coal, Haskell, Johnston, Latimer, McCurtain, Murray, Nowata, Okfuskee, Pittsburg, Pontotoc, Pushmataha, Seminole and Texas.
Of course, trying to fix this will cause all manner of wailing and gnashing of teeth.