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Idea to send:	Topic Local Property Taxes Content I am 75 years old and have been a resident of Lawton almost 30 years and have seen the hardship placed on seniors by the annual 5% increase in property assesment each year. The County Assessors feel and use the excuse that the Legislature requires them to increase annually the assessed value of all property in Oklahoma by 5%.. My main idea is that property taxes for people over 65 should be frozen at the 2000 assessed value. Second would be to reduce the annual assessed value increase to no more then 3% at the most. Third would be to increase the Homestead exemption to $3,000. These are all needed but especially freeezing property taxes for people over 65.