1. (a) The analysis of the assessment and valuation equity of each county shall consist of a comprehensive review of sales and assessments within the county. The purpose of this analysis shall be to prepare a median sales ratio for residential and commercial, and a use-value median ratio for agricultural property within each county in the state. This information shall be used to obtain, at a minimum, the following statistics:

   1. (1) Median sales assessment ratio for each of the three sub-classes of real property;
   2. (2) Coefficient of dispersion for each of the three classes of property;
   3. (3) Comparative data for each class of property to determine the deviation between the three use classifications of real property;
   4. (4) Other statistical data as deemed necessary by the Director of the Ad Valorem Division to ensure a valid and accurate report.
2. (b) The sales and assessment information necessary for the analysis shall follow the general procedures for data collection described in this Subchapter.

Added at 11 Ok Reg 3469, eff 6-26-94

Amended at 14 Ok Reg 2670, eff 6-26-97