What If Oprah Lived Here?
In what is being called one of the largest deals in the nation for a private home, Oprah Winfrey, the talk show host, has purchased a 42-acre estate in Montecito, Calif., for $50 million.
This news led Oklahoma County Assessor Mike Means to ask: "Wouldn't it have been great if Oprah had moved to Oklahoma County? Just think about the positive impact that kind of value could add to our school districts?"
To find out, Means said, first, you take the $50 million and take the 11 percent assessed value of $5,499,000 after the $1,000 homestead exemption. When you take the assessed rate and multiply it by the millage rate for Oklahoma City Schools, Oprah would …
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Publication information: Article title: What If Oprah Lived Here?. Contributors: Not available. Newspaper title: THE JOURNAL RECORD. Publication date: July 1, 2001. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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