Doh! My bad. You guys are right. The polarization of the pi orbitals won't affect the coefficients in the sigma series.
I checked in my inorganic textbook and it seems to suggest essentially what Demotivator said. The 3-sigma MO arises from the pz AO on oxygen and the 2s and 2pz AOs on carbon.
It seems that the 1-sigma MO represents a lone pair on oxygen (essentially non-bonding) and the 2-sigma MO represents the sigma bond between C and O. The 1-pi MO only involves p-orbitals on the C and the O, so it won't affect the 3-sigma orbital.
Any population of the 3-sigma orbital would be a bonding interaction with respect to the p AOs involved, but anti-bonding with respect to the s AO on carbon (the bonding sigma interaction is accounted for in the 2-sigma MO). Since the s AO on carbon is lower energy than both the p AOs on carbon and on oxygen, the lowest energy MO will be primarily composed of the s AO on carbon, suggestive of the localization of those electrons on carbon.
Thanks for catching my error guys.