OklahomaState Question 847

State Question 847

Oklahoma · November 3, 2026

Reduce the annual growth limit of the calculated fair cash value of property

A yes vote means The yearly growth limit for how much a property's taxable value can increase will be reduced.
A no vote means Property values will continue to grow at the current annual rate for tax purposes.
Simple explanation
Property taxes are usually based on what your home is worth, and that value can go up each year. This measure would slow down how fast that value can increase for tax purposes — like putting a speed limit on how much your property's value can jump year to year. This could mean smaller property tax increases over time.

Source: Ballotpedia

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