County Assessor Stein details property statistics for Village

By Mike W. Ray Staff Writer

The Village has 4,932 residential properties, but only 1,812 of them have filed for a homestead exemption, Oklahoma County Assessor Larry Stein revealed Monday night during a presentation to the City Council.

Approximately 2,100 households in The Village are single occupants, former City Manager Bruce Stone said.

Besides the residences, The Village also has 118 commercial properties and an OG&E substation, Stein said.

More than 410 residents of the community have claimed a “senior freeze” on their property taxes, he said; the assessed value of their homes has been frozen, based on their household income. These are property owners who are at least 65 years of age and have total household income of less than $85,300 – an amount that increased 16.5% last year, Stein said.

The market value of all property inside the two and a half square-mile city limits of the community in northwest Oklahoma City is $914 million and the value of all property in The Village that is assessed

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for ad valorem purposes is $852.5 million, the assessor reported.

Oklahoma County encompasses 720 square miles and has 19 cities and towns, Stein said.

The county has 282,592 residential properties, 15,470 commercial properties, 6,177 industrial properties, 3,035 agricultural properties and 630 public service properties, records reflect.

More than 110,400 homeowners filed for a homestead exemption and more than 20,300 claim the ad valorem “senior freeze.” Oklahoma County also has almost 15,000 parcels of land that are exempt from property taxes, Stein said; these include schools, government buildings,

See VILLAGE, Page 5

Wegeners are Renaissance Ball co-chairs

The Oklahoma City Museum of Art (OKCMOA) announced the 47th Renaissance Ball is to be held on Friday, Sept. 8, at the Oklahoma City Golf and Country Club, 7 p.m. until midnight.

Bobby and Meredith Wegener are the co-chairmen of this year’s blacktie gala and the theme is to reflect the museum’s summer exhibition –“True Nature: Rodin and the Age of Impressionism.”

“Renaissance Ball has served as one of the premier events in Oklahoma City and has kicked off the social season for 46 years on the first Friday after Labor Day,” said Museum CEO and President Michael Anderson, Ph.D.

The ball is a critical part of the museum’s fundraising efforts and provides a major source of support for exhibitions, film and educational programs.”

The evening is to feature an open bar cocktail reception followed by an elegant dinner. The late-night celebration, a separately ticketed event, is set to begin at 9:30 p.m. with an open bar and refreshments continuing until midnight.

“We are thrilled to be chairing this year’s event,” Bobby Wegener said. “Without community support, the museum isn’t able to bring blockbuster exhibitions, such as See BALL, Page