Compiled by the Office of Ann K. Barnett Auditor-Controller-County Clerk

Transcription

1 TAX RATES & ASSESSED VALUATIONS Compiled by the Office of Ann K. Barnett Auditor-Controller-County Clerk

2 KERN COUNTY TAX RATES AND ASSESSED VALUATIONS FOR THE YEAR

3 TABLE OF CONTENTS Page Important Tax Dates and Information Tax Rate Areas for Schools ii Payment of Taxes - Due Dates... iii Statement of Taxable Personal Property...iii Exemptions... iii Taxes will be Mailed iv Tax Rates... iv Supplemental Assessment......iv County Assessment Appeals Board......iv General & Special District Tax Levies... v Delinquent Taxes & Redemption Rates... vi Where to Obtain Information... vi Assessed Value & Tax Rates by Code Area Total Assessed Valuation of Kern County Assessed Valuation of Schools & Other Special Districts School Districts High Schools Unified Schools Community Colleges Special Schools Special Districts Community Service Districts County Service Areas Fire Districts Flood Control Districts Health Care Districts Hospital Districts Irrigation Districts Pest Control District Recreation and Park Districts Airport District Cemetery Districts Resource Conservation Districts Sanitary District Sanitation Districts Separation of Grade District Public Transit District Municipal Utility District Public Utility Districts Water Agencies California Water District County Water Districts Municipal Water District Water Drainage District Water Storage Districts Assessed Valuation of County Operating Funds Assessed Valuation of Cities Top Ten Taxpayers (i)

4 TAX RATE AREAS FOR SCHOOL DISTRICTS Tax Tax Rate Rate School Area School Area Arvin 9, 54 Maricopa Unified... 3, 134 Bakersfield... 1, 56 McFarland.Unified... 8, 91 Beardsley , 57 McKittrick Belridge Midway Blake Mojave Unified... 11, 94 Buttonwillow Muroc Unified... 11, 98 Caliente Norris... 1, 99 Delano , 65 Panama - Buena Vista... 1, 61 DiGiorgio.... 9, 115 Pond Edison Richland... 6, 85 Elk Hills Rio Bravo-Greeley... 1, 114 El Tejon Unified Rosedale... 1, 116 Fairfax , 68 Semitropic Fruitvale , 70 Sierra Sands Unified...10, 11, 111 General Shafter... 1, 118 South Fork Greenfield , 74 So. Kern Unified Kernville Standard... 1, 121 Lakeside , 135 Taft... 4, 124 Lamont , 96 Tehachapi Unified... 5, 125 Linns Valley-Poso Flat Vineland... 1, 129 Lost Hills Wasco... 7, 130 Maple (ii)

5 IMPORTANT TAX DATES AND INFORMATION PAYMENT OF TAXES DUE DATES Taxes become a lien on all real property on the first day of January at 12:01 a.m. each year. The first installment becomes due and payable on November 1, each year and delinquent on December 10 at 5:00 p.m. each year. Ten percent penalty is added to delinquent first installments on December 10 at 5:00 p.m. The second installment of taxes becomes due and payable on February 1 each year and delinquent on April 10 at 5:00 p.m. each year. Ten percent penalty is added to delinquent second installments on April 10 at 5:00 p.m. each year plus a $10.00 advertising cost for each property tax bill added to the delinquent roll. Ten percent penalty is added to the Unsecured Personal Property Roll on all unpaid taxes at 5:00 p.m. on August 31, or on the last day of the month following the month in which the assessment was added to the roll, whichever is later. If the delinquent date falls on a weekend or holiday, the delinquent date is the next business day. TAXPAYERS MUST FILE STATEMENT OF TAXABLE PERSONAL PROPERTY Section 441 of the Revenue and Taxation Code requires the filing of written statements by all persons owning taxable personal property, other than mobile homes, household furnishings, or personal effects, having an aggregate cost of $100,000 or more or upon the request of the Assessor. Such property statements shall be declared to be true under the penalty of perjury and shall be filed with the Assessor between the lien date and 5:00 p.m. on the last Friday in May, annually, or within such time as the Assessor may appoint. Neglect or refusal to file such a statement may result in a valuation made by the Assessor based upon such information that the Assessor may have in his possession, thereby causing different assessments and penalties to be imposed. (Sections 501, 502 & 503 of the Revenue and Taxation Code.) EXEMPTIONS All property in this state is taxable except that which is exempted by Article XIII Section 3 of the Constitution of the State of California. These exemptions include but are not limited to churches, welfare institutions, libraries, museums, veterans, homeowners, cemeteries, etc. The filing dates for affidavits for exemptions are: Homeowners: At the time when claimant becomes eligible but no later than 5 p.m. on February 15. Church and Religious: Between January 1 and February 15. Veterans: Between January 1 and February 15. Welfare and Veterans Organizations: Between January 1 and February 15. All others: Between January 1 and February 15. (iii)

6 TAX BILL WILL BE MAILED Current Secured Tax bills are mailed on or before November 1 to the Assessee at the address as it appears on the Assessment Tax Roll. If a taxpayer does not receive a tax bill by November 10 for any or all properties that are taxable, a bill should be obtained immediately from the Treasurer-Tax Collector. Penalties will not be waived for late payment due to non-receipt of a tax bill, unless it is due to a county error. Current Unsecured Tax bills are mailed on or before July 31 to the Assessee at the address as it appears on the Assessment Tax Roll. Should taxpayers not receive tax bills by August 10, they may obtain a tax bill in a timely manner by contacting the Treasurer-Tax Collector s office. All tax bills should be carefully examined before paying, to assure that all taxable property is included. Taxpayers are urged to remit early and avoid the congestion and delay experienced during the last two or three weeks of the first and second installment collection deadlines. TAX RATES Tax rates are fixed annually, not later than the third day of October, by the Board of Supervisors. Tax rates include the general levy required by Article XIII of the State Constitution, levies for voter approved debts, and negative levies for monies to be returned under Section 100 of the Revenue and Taxation Code. (There are no negative levies in fiscal year ) SUPPLEMENTAL ASSESSMENT Effective July 1, 1983, any change in ownership or qualified completion of new construction is subject to a supplemental assessment (R. & T. Code Section 75, et. Seq.) The tax liability will be a prorated amount for the balance of the current fiscal year. If the transfer or completion occurs between the lien date and May 31st, there will be a supplemental assessment for the current year and the succeeding fiscal year. This will be a one-time supplemental assessment in addition to the normal tax bills in succeeding years reflecting the appropriate value change. Supplemental tax bills are payable in two installments. Supplemental tax bills mailed between July 1st and October 31st are payable as noted above under "PAYMENT OF TAXES DUE DATES." If the supplemental tax bills are mailed within the months of November through June, the first installment shall become delinquent on the last day of the month following the month of issue, with the second installment due on the last day of the fourth calendar month following the date the first installment is delinquent. COUNTY ASSESSMENT APPEALS BOARD The assessment rolls are open for public inspection during regular business hours. Property owners may inspect the roll, ascertain and criticize their assessments and seek adjustment and equalization of values. The Assessment Appeals Board meets on the third Monday in July and continues in session thereafter until the business of equalization is completed. (iv)

7 COUNTY ASSESSMENT APPEALS BOARD (cont d) Applications for Change of Assessment must be obtained and filed with the Clerk of the Board, 1115 Truxtun Avenue, 5th Floor, Bakersfield, CA 93301, (661) The filing dates are from July 2 through November 30 or within 60 days of notification for an assessment outside the regular period. Disagreements with the assessment should be discussed with the Assessor prior to filing a formal appeal. This could avoid unnecessary complications and could result in the problem being resolved quickly. GENERAL AND SPECIAL DISTRICT TAX LEVIES GENERAL LEVIES General local government rate: All taxable property within the County. SPECIAL DISTRICTS LEVIES Citrus Pest Control District: Value of citrus trees, translated to the number of acres and levied as a special assessment. City Bonds: All taxable property within the City. Community Service District Bonds: All taxable property within each district. County Service Areas: Service charge by parcel. Health Care District Bonds: All taxable property within each district. Irrigation District Debt: All taxable land only within each district. Public Utility District Bonds: All taxable property within each district. Sanitary Districts: Service charge by parcel. Sanitation Districts: Service charge by parcel. Storm Water Districts: All taxable property for maintenance, all real property for bond interest and redemption. Water Agency Debt: All taxable property within each district. Water District Bonds: All taxable property within each district. School District Bonds: All taxable property within each district. (v)

8 DELINQUENT TAXES AND REDEMPTION RATES Beginning July 1 of the year of tax default, an amount of 1 ½ percent per month will be added to the amount due on unpaid taxes for that year up to the time of redemption. Statutory penalties and advertising costs will also be charged. For all information regarding delinquent tax bills or a redemption from tax defaulted properties, contact the County Treasurer-Tax Collector, 1115 Truxtun Avenue, 2nd Floor, Bakersfield, CA , (661) , or use the 24 hour information system (see item 4 below.) WHERE TO OBTAIN INFORMATION Inasmuch as matters pertaining to the levy and collection of the various kinds of taxes are handled by several departments of County government, and in order that taxpayers needing information may be served promptly and efficiently, the following information is offered for their guidance. 1. ASSESSOR-RECORDER: The Assessor values all taxable property in the County. The assessment roll is prepared by the Assessor and turned over to the Auditor-Controller-County Clerk for computation of taxes against the various valuations fixed by the Assessor. Questions pertaining to valuations of property; church, veterans' and other exemptions; changes of assessment; address changes; etc., should be addressed to the Assessor, (661) AUDITOR-CONTROLLER-COUNTY CLERK: The County Auditor-Controller-County Clerk receives the assessment roll from the Assessor, adds special assessments as provided by cities and special districts, calculates tax rates and extends the taxes using the rates adopted by the Board of Supervisors. This process translates the assessment roll to the form of property tax bills, which are turned over to the Treasurer-Tax Collector for billing and collection. Questions pertaining to district valuations, tax rates, tax levies, bond issues, bond requirements, land special assessments, should be addressed to the County Auditor-Controller-County Clerk, (661) TREASURER-TAX COLLECTOR: The Treasurer-Tax Collector mails the tax bills and collects taxes. The assessed value shown thereon is taken from the assessment roll. Questions pertaining to collection of current and delinquent taxes should be addressed to the Treasurer-Tax Collector, (661) HOUR INFORMATION AND PAYMENT SYSTEM: Automated property tax information is available 24 hours a day by telephone at (888) or by Internet at 5. Additional property tax information is also available at the following Web addresses: ASSESSOR-RECORDER AUDITOR-CONTROLLER-COUNTY CLERK TREASURER-TAX COLLECTOR (vi)

9 CO WIDE UNITARY BAKERSFIELD INSIDE-ROSEDALE SECURED VALUATION GROSS $1,473,967,013 NET $1,473,967,013 TOTAL * UNIT/OP NOUNIT-1% NET ASSESSED VALUE MINUS MINERAL UNIT/OP NOUNIT DS KCWA IMP #4 DEBT TOTAL * TOTAL * INTRA COUNTY PIPELINE R/W BAKERSFIELD INSIDE UNSECURED VALUATION GROSS $83,398,140 SECURED VALUATION GROSS $1,207,346,974 NET $83,398,140 HOMEOWNERS EXEMPTION $29,918,540 PIPE LINE R/W 1% NET $1,177,428,434 PIPE LINE R/W DS UNSECURED VALUATION GROSS $40,413,401 TOTAL * NET $40,413, INTER COUNTY PIPELINE R/W KCWA ZN 7 DEBT SECURED VALUATION GROSS $1,173,990 NET $1,173,990 UNSECURED VALUATION GROSS $39,351,746 BKFLD REFND 89C&D NET $39,351,746 BKFLD SCH 93 RFD PIPE LINE R/W 1% PIPE LINE R/W DS TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $1,117,181,910 HOMEOWNERS EXEMPTION $16,100,000 TOTAL * NET $1,101,081,910 NET ASSESSED VALUE MINUS MINERAL UNSECURED VALUATION GROSS $88,212,746 KCWA IMP #4 DEBT NET $88,212,746 TOTAL * KCWA ZN 7 DEBT BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $699,342 NET $699,342 BKFLD REFND 89C&D UNSECURED VALUATION GROSS $13,013 BKFLD SCH 93 RFD NET $13,013 KCWA ZN 7 DEBT GRNFLD RFND 90-A GRNFLD RFND 90-B TOTAL * GREENFLD BD 90-C NET ASSESSED VALUE MINUS MINERAL GREENFLD 2002A KCWA IMP #4 DEBT GREENFLD 2002B TOTAL * BAKERSFIELD INSIDE-ROSEDALE KCWA ZN 7 DEBT TOTAL * ROSEDALE 88E REF NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * PAGE 1

10 BAKERSFIELD INSIDE BAKERSFIELD INSIDE SECURED VALUATION GROSS $23,296,500 NET $23,296,500 UNSECURED VALUATION GROSS $1,904,640 TOTAL * NET $1,904,640 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE BKFLD REFND 89C&D SECURED VALUATION GROSS $760,524 BKFLD SCH 93 RFD NET $760,524 UNSECURED VALUATION GROSS $24,661 NET $24,661 KCWA ZN 7 DEBT TOTAL * BKFLD REFND 89C&D NET ASSESSED VALUE MINUS MINERAL BKFLD SCH 93 RFD KCWA IMP #4 DEBT TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $3,182,776 HOMEOWNERS EXEMPTION $63,000 NET $3,119,776 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * PANAMA SCH BD87-B BAKERSFIELD INSIDE-GREENFIELD PANAMA 2002 REF SECURED VALUATION GROSS $1,337,933 HOMEOWNERS EXEMPTION $42,000 NET $1,295,933 GRNFLD RFND 90-A TOTAL * GRNFLD RFND 90-B NET ASSESSED VALUE MINUS MINERAL GREENFLD BD 90-C KCWA IMP #4 DEBT GREENFLD 2002A TOTAL * GREENFLD 2002B BAKERSFIELD INSIDE SECURED VALUATION GROSS $160,371 HOMEOWNERS EXEMPTION $7,000 NET $153,371 KCWA ZN 7 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 2

11 BAKERSFIELD INSIDE BAKERSFIELD INSIDE SECURED VALUATION GROSS $1,361,260 HOMEOWNERS EXEMPTION $14,000 NET $1,347,260 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BKFLD REFND 89C&D TOTAL * BKFLD SCH 93 RFD BAKERSFIELD INSIDE SECURED VALUATION GROSS $699,342 NET $699,342 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $56,790,589 HOMEOWNERS EXEMPTION $2,142,000 NET $54,648,589 UNSECURED VALUATION GROSS $385,058 TOTAL * NET $385,058 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE BKFLD REFND 89C&D SECURED VALUATION GROSS $47,847,345 BKFLD SCH 93 RFD HOMEOWNERS EXEMPTION $1,596,000 NET $46,251,345 UNSECURED VALUATION GROSS $365,223 NET $365,223 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $52,318,458 NET $52,318,458 UNSECURED VALUATION GROSS $16,543,414 NET $16,543,414 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 3

12 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $13,187,792 GRNFLD RFND 90-A HOMEOWNERS EXEMPTION $140,000 GRNFLD RFND 90-B NET $13,047,792 GREENFLD BD 90-C UNSECURED VALUATION GROSS $42,012 GREENFLD 2002A NET $42,012 GREENFLD 2002B KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-BEARDSLEY TOTAL * SECURED VALUATION GROSS $36,731,229 NET ASSESSED VALUE MINUS MINERAL NET $36,731,229 KCWA IMP #4 DEBT UNSECURED VALUATION GROSS $993,786 TOTAL * NET $993, BAKERSFIELD INSIDE-BEARDSLEY KCWA ZN 7 DEBT SECURED VALUATION GROSS $75,520,669 HOMEOWNERS EXEMPTION $7,000 NET $75,513,669 BEARDSLEY 2000A UNSECURED VALUATION GROSS $11,685,711 BEARDSLEY 2000B NET $11,685,711 BEARDSLEY 2006A KCWA ZN 7 DEBT BEARDSLEY 2000A BEARDSLEY 2000B BEARDSLEY 2006A TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $568,821,814 HOMEOWNERS EXEMPTION $10,246,403 NET $558,575,411 UNSECURED VALUATION GROSS $28,326,167 NET $28,326,167 KCWA ZN 7 DEBT PAGE 4

13 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $11,195,538 GREENFLD 2002B HOMEOWNERS EXEMPTION $476,000 NET $10,719,538 UNSECURED VALUATION GROSS $19,900 NET $19,900 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $18,933,155 HOMEOWNERS EXEMPTION $574,000 NET $18,359,155 UNSECURED VALUATION GROSS $837,277 TOTAL * NET $837,277 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE PANAMA SCH BD87-B SECURED VALUATION GROSS $6,989 PANAMA 2002 REF NET $6,989 KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $23,325,504 HOMEOWNERS EXEMPTION $784,000 NET $22,541,504 UNSECURED VALUATION GROSS $193,307 NET $193,307 KCWA ZN 7 DEBT GRNFLD RFND 90-A GRNFLD RFND 90-B GREENFLD BD 90-C GREENFLD 2002A PAGE 5

14 PANAMA - BUENA VISTA BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $1,037,051,339 HOMEOWNERS EXEMPTION $15,819,825 NET $1,021,231,514 UNSECURED VALUATION GROSS $59,613,993 TOTAL * NET $59,613,993 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE PANAMA SCH BD87-B SECURED VALUATION GROSS $205,871,794 PANAMA 2002 REF HOMEOWNERS EXEMPTION $2,086,000 NET $203,785,794 UNSECURED VALUATION GROSS $13,231,883 NET $13,231,883 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $217,930 HOMEOWNERS EXEMPTION $14,000 NET $203,930 TOTAL * KCWA ZN 7 DEBT NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $17,445,243 NET $17,445,243 UNSECURED VALUATION GROSS $3,703,521 NET $3,703,521 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT FRTVALE SCHL BOND TOTAL * BAKERSFIELD INSIDE-GREENFIELD KCWA ZN 7 DEBT TOTAL * GRNFLD RFND 90-A NET ASSESSED VALUE MINUS MINERAL GRNFLD RFND 90-B KCWA IMP #4 DEBT GREENFLD BD 90-C TOTAL * GREENFLD 2002A GREENFLD 2002B PAGE 6

15 BAKERSFIELD INSIDE BAKERSFIELD INSIDE SECURED VALUATION GROSS $5,809,391 HOMEOWNERS EXEMPTION $21,000 NET $5,788,391 UNSECURED VALUATION GROSS $4,972,464 NET $4,972,464 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BKFLD REFND 89C&D TOTAL * BKFLD SCH 93 RFD PANAMA - BUENA VISTA SECURED VALUATION GROSS $138,092 HOMEOWNERS EXEMPTION $7,000 NET $131,092 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA SCH BD87-B TOTAL * PANAMA 2002 REF BAKERSFIELD INSIDE SECURED VALUATION GROSS $19,975,959 HOMEOWNERS EXEMPTION $385,000 NET $19,590,959 UNSECURED VALUATION GROSS $52,684 NET $52,684 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BAKERSFIELD INSIDE BKFLD SCH 93 RFD SECURED VALUATION GROSS $380,357 NET $380,357 BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $171,527 NET $171,527 UNSECURED VALUATION GROSS $13,207 NET $13,207 KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 7

16 PANAMA - BUENA VISTA BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $62,994,600 NET $62,994,600 UNSECURED VALUATION GROSS $10,491,864 TOTAL * NET $10,491,864 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE PANAMA SCH BD87-B SECURED VALUATION GROSS $2,607,952 PANAMA 2002 REF HOMEOWNERS EXEMPTION $35,000 NET $2,572,952 UNSECURED VALUATION GROSS $316,576 NET $316,576 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $41,428,301 NET $41,428,301 UNSECURED VALUATION GROSS $11,409,493 NET $11,409,493 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * FRTVALE SCHL BOND BAKERSFIELD INSIDE KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $21,386,820 TOTAL * NET $21,386,820 NET ASSESSED VALUE MINUS MINERAL UNSECURED VALUATION GROSS $506,483 KCWA IMP #4 DEBT NET $506,483 TOTAL * KCWA ZN 7 DEBT FRTVALE SCHL BOND PAGE 8

17 BAKERSFIELD INSIDE-PANAMA SECURED VALUATION GROSS $180,983, PANAMA - BUENA VISTA HOMEOWNERS EXEMPTION $3,535,000 SECURED VALUATION GROSS $47,732,957 NET $177,448,061 HOMEOWNERS EXEMPTION $1,463,000 UNSECURED VALUATION GROSS $217,678 NET $46,269,957 NET $217,678 UNSECURED VALUATION GROSS $7,387,826 NET $7,387,826 KCWA ZN 7 DEBT PANAMA SCH BD87-B PANAMA SCH BD87-B PANAMA 2002 REF PANAMA 2002 REF TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BAKERSFIELD INSIDE-FRUITVALE TOTAL * SECURED VALUATION GROSS $162 NET $ BAKERSFIELD INSIDE SECURED VALUATION GROSS $58,690,964 KCWA ZN 7 DEBT HOMEOWNERS EXEMPTION $1,582,000 NET $57,108,964 UNSECURED VALUATION GROSS $128,656 FRTVALE SCHL BOND NET $128,656 KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-LAKESIDE TOTAL * PAGE 9

18 BAKERSFIELD INSIDE-FRUITVALE PANAMA - BUENA VISTA SECURED VALUATION GROSS $246,840 NET $246,840 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT FRTVALE SCHL BOND TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $281 NET $281 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA SCH BD87-B TOTAL * PANAMA 2002 REF BAKERSFIELD INSIDE SECURED VALUATION GROSS $84,989,658 HOMEOWNERS EXEMPTION $2,016,000 NET $82,973,658 UNSECURED VALUATION GROSS $184,955 NET $184,955 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D PANAMA - BUENA VISTA BKFLD SCH 93 RFD SECURED VALUATION GROSS $120,226,447 HOMEOWNERS EXEMPTION $1,659,000 NET $118,567,447 UNSECURED VALUATION GROSS $17,570,943 NET $17,570,943 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA SCH BD87-B TOTAL * PANAMA 2002 REF PANAMA - BUENA VISTA SECURED VALUATION GROSS $988,500,672 HOMEOWNERS EXEMPTION $14,000,000 NET $974,500,672 UNSECURED VALUATION GROSS $25,319,329 NET $25,319,329 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * PANAMA SCH BD87-B PANAMA 2002 REF PAGE 10

19 BAKERSFIELD INSIDE-BEARDSLEY BAKERSFIELD INSIDE-BEARDSLEY SECURED VALUATION GROSS $14,831 TOTAL * NET $14,831 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE-FRUITVALE BEARDSLEY 2000A BEARDSLEY 2000B KCWA ZN 7 DEBT BEARDSLEY 2006A FRTVALE SCHL BOND TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BAKERSFIELD INSIDE-BEARDSLEY TOTAL * SECURED VALUATION GROSS $156,629 HOMEOWNERS EXEMPTION $7, BAKERSFIELD INSIDE-FRUITVALE NET $149,629 SECURED VALUATION GROSS $41,752,001 NET $41,752,001 KCWA ZN 7 DEBT UNSECURED VALUATION GROSS $11,249,827 NET $11,249,827 BEARDSLEY 2000A KCWA ZN 7 DEBT BEARDSLEY 2000B BEARDSLEY 2006A FRTVALE SCHL BOND TOTAL * NET ASSESSED VALUE MINUS MINERAL TOTAL * KCWA IMP #4 DEBT NET ASSESSED VALUE MINUS MINERAL TOTAL * KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-BEARDSLEY KCWA ZN 7 DEBT BEARDSLEY 2000A BEARDSLEY 2000B BEARDSLEY 2006A PAGE 11

20 PANAMA - BUENA VISTA BAKERSFIELD INSIDE-ROSEDALE SECURED VALUATION GROSS $8,144,222 SECURED VALUATION GROSS $4,708 NET $8,144,222 NET $4,708 UNSECURED VALUATION GROSS $4,037,887 NET $4,037,887 KCWA ZN 7 DEBT KCWA ZN 7 DEBT ROSEDALE 88E REF PANAMA SCH BD87-B PANAMA 2002 REF TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BAKERSFIELD INSIDE-ROSEDALE TOTAL * KCWA ZN 7 DEBT BAKERSFIELD INSIDE-ROSEDALE KCWA ZN 7 DEBT ROSEDALE 88E REF ROSEDALE 88E REF TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BAKERSFIELD INSIDE-STANDARD TOTAL * SECURED VALUATION GROSS $40,599,077 NET $40,599, BAKERSFIELD INSIDE-ROSEDALE KCWA ZN 7 DEBT STANDARD BOND 06A ROSEDALE 88E REF TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * PAGE 12

21 BAKERSFIELD INSIDE-STANDARD BAKERSFIELD INSIDE SECURED VALUATION GROSS $379 NET $379 KCWA ZN 7 DEBT KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD STANDARD BOND 06A TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA IMP #4 DEBT TOTAL * TOTAL * BAKERSFIELD INSIDE BAKERSFIELD INSIDE-STANDARD SECURED VALUATION GROSS $133,479 NET $133,479 BKFLD REFND 89C&D STANDARD BOND 06A BKFLD SCH 93 RFD TOTAL * TOTAL * BAKERSFIELD INSIDE-STANDARD BAKERSFIELD INSIDE SECURED VALUATION GROSS $13,031 SECURED VALUATION GROSS $481,801,213 NET $13,031 HOMEOWNERS EXEMPTION $3,815,000 NET $477,986,213 KCWA ZN 7 DEBT UNSECURED VALUATION GROSS $1,070,590 NET $1,070,590 STANDARD BOND 06A BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL TOTAL * KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $92,089,684 HOMEOWNERS EXEMPTION $2,030,000 NET $90,059,684 UNSECURED VALUATION GROSS $164,969 NET $164,969 PAGE 13

22 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-GREENFIELD NET $40,713,352 BKFLD REFND 89C&D UNSECURED VALUATION GROSS $1,061,646 BKFLD SCH 93 RFD NET $1,061,646 GRNFLD RFND 90-A GRNFLD RFND 90-B GREENFLD BD 90-C TOTAL * GREENFLD 2002A GREENFLD 2002B BAKERSFIELD INSIDE SECURED VALUATION GROSS $106,714,891 HOMEOWNERS EXEMPTION $637,000 NET $106,077,891 UNSECURED VALUATION GROSS $265,279 NET $265,279 TOTAL * BAKERSFIELD INSIDE BKFLD REFND 89C&D SECURED VALUATION GROSS $10,762,584 BKFLD SCH 93 RFD NET $10,762,584 KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $147,230,213 HOMEOWNERS EXEMPTION $2,352,000 NET $144,878,213 UNSECURED VALUATION GROSS $173,986 TOTAL * NET $173,986 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE-LAMONT BKFLD REFND 89C&D SECURED VALUATION GROSS $76,200 BKFLD SCH 93 RFD NET $76,200 LAMONT BD 99A TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $41,259,352 HOMEOWNERS EXEMPTION $546,000 PAGE 14

23 BAKERSFIELD INSIDE-LAMONT BAKERSFIELD INSIDE-VINELAND SECURED VALUATION GROSS $618 NET $618 KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE-FAIRFAX LAMONT BD 99A KCWA ZN 7 DEBT FAIRFAX 04A FAIRFAX SCH 2000A FAIRFAX 2002A TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-LAMONT TOTAL * KCWA ZN 7 DEBT NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * LAMONT BD 99A BAKERSFIELD INSIDE-FAIRFAX FAIRFAX 04A FAIRFAX SCH 2000A TOTAL * FAIRFAX 2002A NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-GENERAL SHA TOTAL * TOTAL * BAKERSFIELD INSIDE-VINELAND SECURED VALUATION GROSS $539 NET $539 PAGE 15

24 PANAMA - BUENA VISTA ANX BAKERSFIELD INSIDE SECURED VALUATION GROSS $156,392,300 HOMEOWNERS EXEMPTION $2,387,000 NET $154,005,300 TOTAL * UNSECURED VALUATION GROSS $312,530 NET ASSESSED VALUE MINUS MINERAL NET $312,530 KCWA IMP #4 DEBT TOTAL * KCWA ZN 7 DEBT PANAMA - BUENA VISTA SECURED VALUATION GROSS $567,125,837 HOMEOWNERS EXEMPTION $3,787,000 NET $563,338,837 UNSECURED VALUATION GROSS $29,104,087 NET $29,104,087 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA SCH BD87-B TOTAL * PANAMA 2002 REF PANAMA - BUENA VISTA ANX SECURED VALUATION GROSS $352,373,105 HOMEOWNERS EXEMPTION $4,018,000 NET $348,355,105 UNSECURED VALUATION GROSS $3,007,958 NET $3,007,958 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $2,877 NET $2,877 UNSECURED VALUATION GROSS $1,158,001 NET $1,158,001 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT GRNFLD RFND 90-A TOTAL * GRNFLD RFND 90-B GREENFLD BD 90-C BAKERSFIELD INSIDE GREENFLD 2002A SECURED VALUATION GROSS $4,603,495 GREENFLD 2002B NET $4,603,495 UNSECURED VALUATION GROSS $365,361 NET $365,361 KCWA ZN 7 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 16

25 PANAMA - BUENA VISTA BAKERSFIELD INSIDE SECURED VALUATION GROSS $402,657,589 HOMEOWNERS EXEMPTION $5,614,000 NET $397,043,589 UNSECURED VALUATION GROSS $4,054,520 TOTAL * NET $4,054,520 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * BAKERSFIELD INSIDE PANAMA SCH BD87-B SECURED VALUATION GROSS $9,208,262 PANAMA 2002 REF HOMEOWNERS EXEMPTION $77,000 NET $9,131,262 UNSECURED VALUATION GROSS $140,310 NET $140,310 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $406 NET $406 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA SCH BD87-B TOTAL * PANAMA 2002 REF BAKERSFIELD INSIDE-STANDARD SECURED VALUATION GROSS $1,645 NET $1,645 TOTAL * STANDARD BOND 06A NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $3,625,674 NET $3,625,674 TOTAL * UNSECURED VALUATION GROSS $716,493 NET $716,493 KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 17

26 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-STANDARD KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE-STANDARD STANDARD BOND 06A TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-BEARDSLEY SECURED VALUATION GROSS $2,565,487 TOTAL * HOMEOWNERS EXEMPTION $21,000 NET $2,544, PANAMA - BUENA VISTA ANX UNSECURED VALUATION GROSS $23,641 SECURED VALUATION GROSS $3,943 NET $23,641 NET $3,943 KCWA ZN 7 DEBT BEARDSLEY 2000A BEARDSLEY 2000B BEARDSLEY 2006A TOTAL * BAKERSFIELD INSIDE-R BRAVO-GRE SECURED VALUATION GROSS $24,053 TOTAL * NET $24,053 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * RIOBRV-GRLY RF96A BAKERSFIELD INSIDE-STANDARD RIOBRV-GRLY 1994B SECURED VALUATION GROSS $649,590 HOMEOWNERS EXEMPTION $7,000 NET $642,590 UNSECURED VALUATION GROSS $6,900 NET $6,900 KCWA ZN 7 DEBT TOTAL * STANDARD BOND 06A PAGE 18

27 BAKERSFIELD INSIDE-R BRAVO-GRE BAKERSFIELD INSIDE-ROSEDALE SECURED VALUATION GROSS $123,465 ROSEDALE 88E REF NET $123,465 RIOBRV-GRLY RF96A RIOBRV-GRLY 1994B TOTAL * BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $100,999,794 HOMEOWNERS EXEMPTION $2,436,000 NET $98,563,794 TOTAL * UNSECURED VALUATION GROSS $192,940 NET $192, BAKERSFIELD INSIDE-FRUITVALE KCWA ZN 7 DEBT KCWA ZN 7 DEBT FRTVALE SCHL BOND FRTVALE SCHL BOND TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA IMP #4 DEBT TOTAL * TOTAL * BAKERSFIELD INSIDE-ROSEDALE SECURED VALUATION GROSS $150,538,448 HOMEOWNERS EXEMPTION $3,857,000 NET $146,681,448 UNSECURED VALUATION GROSS $1,563,324 NET $1,563,324 ROSEDALE 88E REF TOTAL * BAKERSFIELD INSIDE-ROSEDALE SECURED VALUATION GROSS $2,663 NET $2,663 PAGE 19

28 BAKERSFIELD INSIDE-GREENFIELD PANAMA - BUENA VISTA SECURED VALUATION GROSS $18,969,384 PANAMA 2002 REF NET $18,969,384 UNSECURED VALUATION GROSS $3,513,981 NET $3,513,981 KCWA ZN 7 DEBT TOTAL * GRNFLD RFND 90-A NET ASSESSED VALUE MINUS MINERAL GRNFLD RFND 90-B KCWA IMP #4 DEBT GREENFLD BD 90-C TOTAL * GREENFLD 2002A GREENFLD 2002B BAKERSFIELD INSIDE SECURED VALUATION GROSS $1,301,543 HOMEOWNERS EXEMPTION $7,000 NET $1,294,543 UNSECURED VALUATION GROSS $3,327 NET $3,327 TOTAL * KCWA ZN 7 DEBT NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $19,445,297 HOMEOWNERS EXEMPTION $364,000 NET $19,081,297 TOTAL * GRNFLD RFND 90-A NET ASSESSED VALUE MINUS MINERAL GRNFLD RFND 90-B KCWA IMP #4 DEBT GREENFLD BD 90-C TOTAL * GREENFLD 2002A GREENFLD 2002B BAKERSFIELD INSIDE SECURED VALUATION GROSS $874,945 NET $874,945 KCWA ZN 7 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD PANAMA - BUENA VISTA SECURED VALUATION GROSS $48,315,273 HOMEOWNERS EXEMPTION $707,000 NET $47,608,273 UNSECURED VALUATION GROSS $915,822 HOMEOWNERS EXEMPTION $2,371 NET $913,451 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * PANAMA SCH BD87-B PAGE 20

29 BAKERSFIELD INSIDE SECURED VALUATION GROSS $13,517, BAKERSFIELD INSIDE-R BRAVO GRE HOMEOWNERS EXEMPTION $91,000 NET $13,426,537 UNSECURED VALUATION GROSS $180,182 NET $180,182 RIOBRV-GRLY RF96A RIOBRV-GRLY 1994B KCWA ZN 7 DEBT BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $434,520 NET $434,520 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BAKERSFIELD INSIDE BKFLD SCH 93 RFD SECURED VALUATION GROSS $3,792,205 HOMEOWNERS EXEMPTION $56,000 NET $3,736,205 KCWA ZN 7 DEBT TOTAL * BKFLD REFND 89C&D NET ASSESSED VALUE MINUS MINERAL BKFLD SCH 93 RFD KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-R BRAVO GRE RIOBRV-GRLY RF96A RIOBRV-GRLY 1994B TOTAL * PAGE 21

30 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $3,022,044 GREENFLD BD 90-C HOMEOWNERS EXEMPTION $84,000 GREENFLD 2002A NET $2,938,044 GREENFLD 2002B UNSECURED VALUATION GROSS $367,620 NET $367,620 KCWA ZN 7 DEBT BKFLD REFND 89C&D TOTAL * BKFLD SCH 93 RFD BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $130,012,867 HOMEOWNERS EXEMPTION $3,227,000 NET $126,785,867 UNSECURED VALUATION GROSS $1,010,624 NET $1,010,624 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * GRNFLD RFND 90-A GRNFLD RFND 90-B BAKERSFIELD INSIDE-GREENFIELD GREENFLD BD 90-C SECURED VALUATION GROSS $75,005,375 GREENFLD 2002A HOMEOWNERS EXEMPTION $1,358,000 GREENFLD 2002B NET $73,647,375 UNSECURED VALUATION GROSS $3,345,558 NET $3,345,558 KCWA ZN 7 DEBT TOTAL * GRNFLD RFND 90-A GRNFLD RFND 90-B BAKERSFIELD INSIDE-GREENFIELD GREENFLD BD 90-C UNSECURED VALUATION GROSS $13,207 GREENFLD 2002A NET $13,207 GREENFLD 2002B GRNFLD RFND 90-A GRNFLD RFND 90-B GREENFLD BD 90-C GREENFLD 2002A TOTAL * GREENFLD 2002B NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE-GREENFIELD SECURED VALUATION GROSS $7,953 NET $7,953 TOTAL * GRNFLD RFND 90-A GRNFLD RFND 90-B PAGE 22

31 BAKERSFIELD INSIDE BAKERSFIELD INSIDE SECURED VALUATION GROSS $6,313,476 NET $6,313,476 UNSECURED VALUATION GROSS $492,983 NET $492,983 TOTAL * KCWA ZN 7 DEBT NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $10,748,011 HOMEOWNERS EXEMPTION $182,000 NET $10,566,011 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL FRTVALE SCHL BOND KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $9,228,944 HOMEOWNERS EXEMPTION $364,000 NET $8,864,944 TOTAL * UNSECURED VALUATION GROSS $12,800 NET ASSESSED VALUE MINUS MINERAL NET $12,800 KCWA IMP #4 DEBT TOTAL * KCWA ZN 7 DEBT PANAMA - BUENA VISTA SECURED VALUATION GROSS $34,198,264 BKFLD REFND 89C&D HOMEOWNERS EXEMPTION $826,000 BKFLD SCH 93 RFD NET $33,372,264 UNSECURED VALUATION GROSS $91,576 NET $91,576 KCWA ZN 7 DEBT TOTAL * PANAMA SCH BD87-B NET ASSESSED VALUE MINUS MINERAL PANAMA 2002 REF KCWA IMP #4 DEBT TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $2,306,162 HOMEOWNERS EXEMPTION $14,000 NET $2,292,162 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * BKFLD REFND 89C&D BKFLD SCH 93 RFD PAGE 23

32 PANAMA - BUENA VISTA PANAMA - BUENA VISTA SECURED VALUATION GROSS $8,098 TOTAL * NET $8, BAKERSFIELD INSIDE-LAKESIDE KCWA ZN 7 DEBT SECURED VALUATION GROSS $1,735,100 NET $1,735,100 PANAMA SCH BD87-B PANAMA 2002 REF TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT BAKERSFIELD INSIDE-FRUITVALE TOTAL * SECURED VALUATION GROSS $57,260,384 HOMEOWNERS EXEMPTION $441, PANAMA - BUENA VISTA NET $56,819,384 SECURED VALUATION GROSS $7,130 UNSECURED VALUATION GROSS $5,359,528 NET $7,130 NET $5,359,528 KCWA ZN 7 DEBT KCWA ZN 7 DEBT PANAMA SCH BD87-B FRTVALE SCHL BOND PANAMA 2002 REF TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA IMP #4 DEBT TOTAL * TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $237,621,602 HOMEOWNERS EXEMPTION $5,159,000 NET $232,462,602 UNSECURED VALUATION GROSS $2,406,636 NET $2,406,636 PANAMA SCH BD87-B PANAMA 2002 REF PAGE 24

33 BAKERSFIELD INSIDE PANAMA - BUENA VISTA SECURED VALUATION GROSS $25,124,563 PANAMA 2002 REF HOMEOWNERS EXEMPTION $266,000 NET $24,858,563 UNSECURED VALUATION GROSS $110,431 NET $110,431 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL BKFLD REFND 89C&D KCWA IMP #4 DEBT BKFLD SCH 93 RFD TOTAL * BAKERSFIELD INSIDE SECURED VALUATION GROSS $757,540 NET $757,540 BKFLD REFND 89C&D TOTAL * BKFLD SCH 93 RFD NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $88,524,152 HOMEOWNERS EXEMPTION $2,492,000 TOTAL * NET $86,032,152 UNSECURED VALUATION GROSS $102, BAKERSFIELD INSIDE NET $102,151 SECURED VALUATION GROSS $19,244,215 HOMEOWNERS EXEMPTION $140,000 KCWA ZN 7 DEBT NET $19,104,215 PANAMA SCH BD87-B PANAMA 2002 REF BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL TOTAL * KCWA IMP #4 DEBT TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $110,815,349 HOMEOWNERS EXEMPTION $1,477,000 NET $109,338,349 UNSECURED VALUATION GROSS $29,365 NET $29,365 KCWA ZN 7 DEBT PANAMA SCH BD87-B PAGE 25

34 BAKERSFIELD INSIDE BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $103,966 NET $103,966 KCWA ZN 7 DEBT KCWA ZN 7 DEBT FRTVALE SCHL BOND BKFLD REFND 89C&D BKFLD SCH 93 RFD TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT PANAMA - BUENA VISTA TOTAL * SECURED VALUATION GROSS $64,425,475 HOMEOWNERS EXEMPTION $2,954, BAKERSFIELD INSIDE-FRUITVALE NET $61,471,475 UNSECURED VALUATION GROSS $423,310 KCWA ZN 7 DEBT NET $423,310 KCWA ZN 7 DEBT FRTVALE SCHL BOND PANAMA SCH BD87-B PANAMA 2002 REF TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * TOTAL * NET ASSESSED VALUE MINUS MINERAL BAKERSFIELD INSIDE-FRUITVALE KCWA IMP #4 DEBT SECURED VALUATION GROSS $33,780 TOTAL * NET $33,780 KCWA ZN 7 DEBT FRTVALE SCHL BOND TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * PAGE 26

35 PANAMA - BUENA VISTA PANAMA - BUENA VISTA SECURED VALUATION GROSS $49,930,082 HOMEOWNERS EXEMPTION $1,477,000 NET $48,453,082 UNSECURED VALUATION GROSS $75,852 NET $75,852 TOTAL * KCWA ZN 7 DEBT NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT TOTAL * PANAMA SCH BD87-B PANAMA 2002 REF PANAMA - BUENA VISTA SECURED VALUATION GROSS $1,849 NET $1,849 KCWA ZN 7 DEBT TOTAL * PANAMA SCH BD87-B NET ASSESSED VALUE MINUS MINERAL PANAMA 2002 REF KCWA IMP #4 DEBT TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $9,676,289 HOMEOWNERS EXEMPTION $385,000 NET $9,291,289 TOTAL * NET ASSESSED VALUE MINUS MINERAL KCWA ZN 7 DEBT KCWA IMP #4 DEBT TOTAL * PANAMA SCH BD87-B PANAMA - BUENA VISTA PANAMA 2002 REF SECURED VALUATION GROSS $650,419 HOMEOWNERS EXEMPTION $28,000 NET $622,419 KCWA ZN 7 DEBT TOTAL * PANAMA SCH BD87-B NET ASSESSED VALUE MINUS MINERAL PANAMA 2002 REF KCWA IMP #4 DEBT TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $38,090,226 HOMEOWNERS EXEMPTION $1,190,000 NET $36,900,226 TOTAL * UNSECURED VALUATION GROSS $30,890 NET ASSESSED VALUE MINUS MINERAL NET $30,890 KCWA IMP #4 DEBT TOTAL * KCWA ZN 7 DEBT PANAMA SCH BD87-B PANAMA 2002 REF PAGE 27

36 PANAMA - BUENA VISTA PANAMA - BUENA VISTA SECURED VALUATION GROSS $229 NET $229 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL PANAMA SCH BD87-B KCWA IMP #4 DEBT PANAMA 2002 REF TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $48,623,911 HOMEOWNERS EXEMPTION $1,106,000 NET $47,517,911 UNSECURED VALUATION GROSS $40,795 TOTAL * NET $40,795 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * PANAMA - BUENA VISTA PANAMA SCH BD87-B SECURED VALUATION GROSS $1,325,110 PANAMA 2002 REF HOMEOWNERS EXEMPTION $21,000 NET $1,304,110 UNSECURED VALUATION GROSS $24,743 NET $24,743 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL PANAMA SCH BD87-B KCWA IMP #4 DEBT PANAMA 2002 REF TOTAL * PANAMA - BUENA VISTA SECURED VALUATION GROSS $79,986,548 HOMEOWNERS EXEMPTION $1,771,000 NET $78,215,548 UNSECURED VALUATION GROSS $162,117 TOTAL * NET $162,117 NET ASSESSED VALUE MINUS MINERAL KCWA IMP #4 DEBT KCWA ZN 7 DEBT TOTAL * PANAMA - BUENA VISTA PANAMA SCH BD87-B SECURED VALUATION GROSS $247,140,892 PANAMA 2002 REF HOMEOWNERS EXEMPTION $5,817,000 NET $241,323,892 UNSECURED VALUATION GROSS $323,361 NET $323,361 KCWA ZN 7 DEBT TOTAL * NET ASSESSED VALUE MINUS MINERAL PANAMA SCH BD87-B KCWA IMP #4 DEBT PANAMA 2002 REF TOTAL * PAGE 28