BASTROP CENTRAL APPRAISAL DISTRICT ANNUAL REPORT 2014

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1 BASTROP CENTRAL APPRAISAL DISTRICT ANNUAL REPORT 2014 EXECUTIVE SUMMARY Bastrop County continued to recover from the fire and other natural disasters in Homes began to be built back in the devastated areas and growth from the Austin metro area continued to push down 71 and 290 toward Bastrop and Elgin. New commercial properties popped up along major intersections and home values continued to escalate. GENERAL INFORMATION The Bastrop Central Appraisal District is a political subdivision of the State of Texas. The provisions of the Texas Property Tax Code govern the legal, statutory, and administrative requirement of the appraisal district. Members of the Board of Directors are elected by the taxing units within the boundaries of Bastrop County and must have resided within the district two years prior to serving on the Board. The Chief Appraiser is appointed by the Board of Directors and is the chief administrator of the appraisal district. The Appraisal District is responsible for local property tax appraisal and exemption administration. The local taxing units County, Schools, Cities, and special districts (Water Control, Emergency Service and Community College) set a tax rate from your property tax appraisal issued by the Appraisal District. Article 8 of The Texas Constitution defines five basic rules for property taxes: Property taxes must be equal and uniform. Generally, property must be taxed at market value defined as "the price at which a property would transfer for cash or its equivalent under prevailing market conditions". There are limited exceptions to this rule, such as productivity value for agricultural land. Each property must have a single appraised value. All property is taxable unless federal or state law exempts it from taxation. Property owners have the right to reasonable notice of increases in the appraised value of their property. The Bastrop Central Appraisal District was created by the Texas Legislature in Senate Bill 621 required that an appraisal district be established in each county for the purpose of appraising property for ad valorem tax purposes. Appraisal districts are local government political subdivisions of the state responsible for appraising property with county boundaries. Prior to the creation of central appraisal districts, each taxing unit followed their own appraisal standards and practices. Values were inaccurate and inequitable. Property owners were required to visit multiple taxing units to resolve any disputes concerning property value. Under the current system, taxpayers only have to go to one place to take care of appraisal business. By law, an appraisal district is to be managed by a professional staff with training and education prescribed by the State of Texas. Appraisers are registered with the Texas Department of Licensing and Registration and must complete courses and exams to become a Registered Professional Appraiser. 1

2 BUDGET INFORMATION The budget for 2014 in the amount of $1,565,839 was submitted to the Board of Directors and approved in September, The total number of employees was 19. The total expenditures for the year were $1,497,060 leaving a surplus of $53,137. That was added to the prior surplus of $19,775 bring to total available surplus to $72,912. Numerous lawsuits are pending and the surplus is being retained to pay legal fees to legal representation. THE APPRAISAL PROCESS Real estate and most business personal property in Bastrop County is appraised by the inhouse staff. Appraisers inspect properties, measure improvements, and class improvements based on the quality of construction, and estimate depreciation. The data is entered into a Computer Assisted Mass Appraisal (CAMA) software which produces estimated values of each parcel in Bastrop County based on statistical criteria. The district hires a professional appraisal company (Capitol Appraisal Group) to appraise complex properties requiring engineering experience such as power plants, utility systems, and oil and gas production. EXEMPTIONS The district administers various exemptions that taxpayers may qualify for including Homestead and Over 65 residential exemptions. A homestead may include up to 20 acres of land if actually used in the residential use (occupancy) of the home. To qualify for a homestead exemption, a taxpayer must own and reside in the home on January 1 of the tax year. The age 65 or older or disability exemption for school taxes includes a school tax limitation or ceiling. Some taxing units such as county and cities have exemptions and tax ceilings limits. The filing of this application is between January 1 and April 30 but applications may be filed no later than one year after the date taxes become delinquent. There is also a Transfer of Tax Limitation or Ceiling Certificate if a person moves out of the county. Other exemptions include disabled veteran exemption, special types of property such as solar equipment, and complete exemptions for organizations qualifying as charities and notforprofits. AGRICULTURAL 1D1 OPEN SPACE AND WILDLIFE MANAGEMENT Rural property owners may apply for a designation of agricultural use valuation if they use their property for the commercial production of crops or livestock. The basis of taxation is based on the agricultural income to the property and is substantially less than the market value taxation. If the property changes to a residential or commercial use, taxes are rolled back five years and collected with interest. Wildlife management is also available if the property has been previously granted agricultural use. Wildlife management requires a plan with various activities on the parcel to enhance the growth and preservation of various types of wildlife. PTAD REVIEWS Appraisal practices are governed by the Texas Property Tax Code and rules established by the Texas Comptroller of Public Accounts. The Property Tax Assistance Division conducts a Property Value Study and a Methods and Assistance Program review in alternating years. Results of both reviews are available on the Comptroller's website and in this report as addendum. The Property Value Study is conducted by the State Comptroller's Office to estimate the taxable property value in each school district to measure the performance of Appraisal Districts. If the Appraisal District is within a 5% percent margin the State Comptroller will certify the local value to the Commissioner of Education. The 2

3 findings of the study are used in the school funding formula for state aid. If the District fails to appraise properties within the 5% margin of error and continues to fail to do that for two years, the schools of Bastrop County are subjected to reduced state funding through the Texas Education Agency. APPEALS OF VALUE State law allows taxpayers to appeal their property values or other issues such as denial of full exemption, denial of agricultural value designation, or other issues that impact amounts of property taxes paid. The appeals are heard by the Appraisal Review Board (ARB), a citizens group comprised of seven local people from across the County. In 2014, 2693 appeals were filed by owners or agents of properties in the County. The values appeals totaled $345,043,138. Seventeen hundred fiftythree properties were scheduled for hearings before the ARB. 3

4 SCHOOL AND APPRAISAL DISTRICTS PROPERTY VALUE STUDY 2014 REPORT 2014 Property Value Study CAD Summary Worksheet 011 Bastrop % Ratios w/in (+/) 10% of % Ratios w/in (+/) 25% of Number 2014 CAD Rept Median Coefficient Price Category of Ratios ** Appraised Value Level of Appr of Dispersion Median Median Related Differential A. Single 267 2,334,352, Family Residences B. Multi 0 64,004,826 * * * * * Family Residences C1. Vacant 0 148,416,792 * * * * * Lots C2. Colonia 0 0 * * * * * lots D * * * * * Farm/Ranch Imp E. Rural nonqualified ,594, F ,650, Commercial Real F2. Industrial 0 178,191,310 * * * * * Real G. Oil, Gas, 0 13,523,642 * * * * * Minerals J. Utilities 2 149,392,784 * * * * * ,133,193 * * * * * L1. Commercial Personal L2. Industrial 0 321,137,175 * * * * * Personal M. Other 0 104,345,016 * * * * * Personal O. Residential 0 0 * * * * * Inventory S. Special 0 20,497,599 * * * * * Inventory Overall 473 4,927,239, * Not Calculated Need a minimum of 5 ratios from either (A) categories representing at least 25% of total CAD category value or (B) 5 ISDs or half the ISDs in the CAD, whichever is less ** Statistical measures may not be reliable when the sample is small 4

5 MAP METHODS AND ASSISTANCE PROGRAM 2013 REPORT Bastrop Central Appraisal District Susan Combs Texas Comptroller of Public Accounts

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7 January 22, 2014 Chief Appraiser County Appraisal District Board of Directors Superintendents School District Boards of Trustees Ladies and Gentlemen: In 2009, the Texas Legislature enacted a new law that amended Tax Code Section It requires the Comptroller of Public Accounts to review appraisal districts every two years. Called the Methods and Assistance Program (MAP), the reviews study the governance, taxpayer assistance, operating procedures and the appraisal standards, procedures and methodology of each appraisal district. The Property Tax Assistance Division (PTAD) performed the reviews for 125 appraisal districts in Your appraisal district s MAP report is enclosed and includes an assessment of how well your appraisal district performs. It may include recommendations that will allow your appraisal district to comply with laws, rules, regulations, appraisal practices or operating best practices. If recommendations are offered, they must be implemented within one year from the release of this report. Recommendations that are not complete, or not substantially complete, by that time will result in notification to the Texas Department of Licensing and Regulation (TDLR). The appraisal district will have another year to complete the outstanding recommendations. Recommendations still incomplete after one year could result in sanctions. The Comptroller s office is committed to supporting the MAP review process and helping appraisal districts comply with existing laws, rules and regulations. PTAD will work with appraisal districts to improve their operations and to comply with each recommendation. We want to thank the chief appraiser, board chairman and the staff of the appraisal district for their help in making this new program a success. For more information about the Property Tax Assistance Division, please see our website at If you have questions about your review, please feel free to contact Steve Atkinson, Methods and Assistance Program supervisor, at or steve.atkinson@cpa.state.tx.us. Sincerely, Susan Combs cc: Steve Atkinson

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9 Bastrop Central Appraisal District This review is conducted in accordance with Tax Code Section 5.102(a) and related Comptroller Rule The Comptroller is required by statute to review appraisal district governance, taxpayer assistance, operating procedures and appraisal standards. Because of the diversity of property within Texas, some parts of the review may not be applicable to a county. If questions or a section of questions do not apply, such as when a county has no timber, the question or questions will be marked as Not Applicable or NA and the final score will not be negatively impacted by these questions. Mandatory Requirements 1. Does the appraisal district board of directors, through the chief appraiser, ensure that the appraisal district budget is prepared and followed according to Tax Code Chapter 6? 2. Do the chief appraiser and appraisal district staff communicate with the public concerning appraisal district duties and responsibilities and the role of taxpayers in the property tax system? 3. Do the appraisal district personnel or contractors have the education, training and experience to perform the duties of the appraisal district? PASS/FAIL 4. Is the implementation of the appraisal district s most recent reappraisal plan current? PASS PASS PASS PASS Appraisal District Activities Governance Taxpayer Assistance Operating Procedures Appraisal Standards, Procedures and Methodology RATING EXCEEDS EXCEEDS EXCEEDS EXCEEDS Appraisal District Ratings: Exceeds The total point score is 90 or above. Meets The total point score ranges from 80 to less than 90. Needs Improvement The total point score ranges from 70 to less than 80. Unsatisfactory The total point score is less than 70. Texas Comptroller of Public Accounts 1

10 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers Governance Review Areas Appraisal District Budget and Financial Audit CAD Board of Directors Oversight Total Questions in Review Area (excluding N/A Questions) Total Yes Points Total Score (Total Yes Questions/Total Questions) x Taxpayer Assistance Review Areas Total Questions in Review Area (excluding N/A Questions) Total Yes Points Total Score (Total Yes Questions/Total Questions) x 100 Taxpayer Assistance Operating Procedures Review Areas Reappraisal Plan Appraisal Roll Production Exemptions Value Defense Appraisal District Staffing Total Questions in Review Area (excluding N/A Questions) Total Yes Points Total Score (Total Yes Questions/Total Questions) x Appraisal Standards, Procedures and Methodology Review Areas Mass Appraisal Equal and Uniform Appraisal Agricultural Use Appraisal Special Appraisal Ratio Studies Identification and Listing of New Property Mapping Land Appraisal Income Approach Sales Verification Appraisal Manuals Total Questions in Review Area (excluding N/A Questions) Total Yes Points Total Score (Total Yes Questions/Total Questions) x Texas Comptroller of Public Accounts

11 Bastrop CAD Review Questions and Answers This review is conducted in accordance with Tax Code Section 5.102(a) and related Comptroller Rule The Comptroller is required to review appraisal districts: governance; taxpayer assistance; operating procedures; and appraisal standards, procedures and methodology. Electronic copies of procedures, policies, notices, documents, screen prints, manuals and related materials necessary for the completion of this review may be submitted on DVDs, CDs or via the Property Tax Assistance Division s FTP website. Comptroller reviewers collect preliminary information as well as information at the time of the onsite reviews. Each CAD is reviewed every other year. This report details the results of the review for the appraisal district named above. GOVERNANCE The CAD board of directors is responsible for setting policy, hiring the chief appraiser and selecting the appraisal review board (ARB). The chief appraiser prepares a preliminary budget, hires staff, manages the appraisal district, produces the appraisal roll and administers exemptions. The CAD board approves the budget and maintains a review of the budget and the CAD s expenditures over the course of each fiscal year. Appraisal district governance is evaluated in two subsections: (1) appraisal district budgeting and financial auditing practices and (2) oversight by the board of directors. Appraisal District Budget and Financial Audit 1. Does the CAD credit unobligated payments to each taxing unit s budget allocation for the following year pursuant to Tax Code Section 6.06(j)? YES X NO 2. Are the results of the CAD s financial audit presented to the CAD board of directors in a public meeting? YES X NO 3. If applicable, did the CAD respond to each audit finding by taking corrective actions timely? YES NO NOT APPLICABLE 4. Does the chief appraiser provide a financial report to the board of directors at every regular meeting of the board? YES X NO Texas Comptroller of Public Accounts 3

12 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers CAD Board of Directors Oversight 5. Does the CAD board of directors comply with Tax Code Section 6.09 when selecting a depository? YES X NO 6. Did the CAD board of directors comply with Tax Code Section 6.11 and Local Government Code Chapter 252 when bidding out goods and services (other than legal or appraisal services)? YES NO NOT APPLICABLE 7. Does the CAD board of directors comply with Tax Code Section 6.15 regarding ex parte communication? YES X NO 8. Does the CAD board of directors comply with Government Code Chapter 551 regarding records of open meetings? YES X NO 9. Does the CAD board of directors comply with Government Code Chapter 551 by ensuring that meetings are not held without a quorum present? YES X NO TAXPAYER ASSISTANCE Taxpayer assistance in this review relates directly to the International Association of Assessing Officers (IAAO) Standard on Public Relations. This standard sets minimum requirements and duties of an appraisal district to keep the public informed of its actions. It also establishes how to address concerns of property owners as they relate to the duties of the appraisal district. 10. Does the CAD have, or is it developing, a written public relations plan as described in IAAO s Standard on Public Relations for implementation in 2014? YES X NO 11. Does the CAD make use of available media to communicate with taxpayers? YES X NO 12. Does the CAD maintain contact with the public by providing written publications and annual reports as described in IAAO s Standard on Public Relations? YES X NO 13. Does the CAD offer training to employees for customer service/public relations as described in IAAO s Standard on Public Relations? YES X NO 14. Does the CAD have a website where property owners can inspect their property values, as recommended by IAAO s Standard on Public Relations? YES X NO 15. Does the CAD use public feedback mechanisms as described in IAAO s Standard on Public Relations? YES X NO 16. Does the CAD respond to s or phone messages from the public as described in IAAO s Standard on Public Relations? YES X NO 17. Does the CAD have, or is it developing, written documents explaining how property is appraised for use by property owners for implementation in 2014? YES X NO 4 Texas Comptroller of Public Accounts

13 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers 18. Does the chief appraiser or appraisal district staff provide information on how property is appraised to the public on its website, to the news media, to civic organizations or at public meetings? YES X NO 19. Does the chief appraiser or appraisal district staff hold or attend meetings of taxing units to explain issues, such as the CAD budget? YES X NO OPERATING PROCEDURES Operating procedures in this review concern: (1) reappraisal plans; (2) appraisal roll production; (3) administration of exemptions; (4) how the staff performs its duties; and (5) office operations. Reappraisal Plan 20. Does the written reappraisal plan clearly demonstrate how the CAD will conduct the reappraisal? YES X NO 21. Does the CAD s reappraisal plan reflect the actual reappraisal activities of the CAD? YES X NO 22. Are the properties identified in the CAD s reappraisal plan inspected and reappraised in accordance with the reappraisal plan? YES X NO 23. Does the CAD identify and update relevant characteristics of each property in accordance with the reappraisal plan? YES X NO 24. Does the CAD use its appraisal results in the manner described in the reappraisal plan? YES X NO Appraisal Roll Production 25. Does the chief appraiser certify the appraisal roll to the taxing units and the Comptroller according to Tax Code Sections and 41.12(c)? YES X NO 26. Does the chief appraiser submit the completed appraisal records to the appraisal review board for review and determination according to Tax Code Section 25.22? YES X NO 27. Does the CAD have a systematic approach for producing supplemental appraisal rolls? YES X NO Exemptions 28. Does the CAD comply with the requirements for granting residence homestead exemptions for disabled veterans under Tax Code Section ? YES X NO 29. Does the CAD comply with the requirements for granting charitable organization exemptions under Tax Code Section 11.18? YES X NO Texas Comptroller of Public Accounts 5

14 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers 30. Does the CAD comply with the requirements for granting religious organization exemptions under Tax Code Section 11.20? YES X NO 31. Does the CAD comply with the requirements for granting school exemptions under Tax Code Section 11.21? YES X NO 32. Does the CAD comply with the requirements for granting disabled veterans exemptions under Tax Code Section 11.22? YES X NO 33. Does the CAD comply with the requirements for granting leased motor vehicle exemptions under Tax Code Section ? YES X NO 34. Does the CAD comply with the requirements for granting pollution control exemptions under Tax Code Section 11.31? YES X NO 35. Does the appraisal district issue a transfer of tax ceiling certificate for homeowners 65 or older, a surviving spouse of 55 or older or disabled property owner according to Tax Code (h)? YES X NO 36. Does the CAD verify the accuracy of information on residence homestead applications? YES X NO 37. Does the CAD comply with the administrative requirements of Tax Code Section 11.45? YES X NO Value Defense 38. Does the CAD have evidence to support value changes resulting from informal staff meetings? YES X NO 39. Does the CAD present evidence to support its value during appraisal review board hearings as required by Tax Code Section 41.43(a)? YES X NO 40. Does the CAD follow written procedures for formal hearings before the appraisal review board to ensure consistency in the appeals process according to IAAO s Standard on Assessment Appeal? YES X NO Appraisal District Staffing 41. Does the appraisal district have written procedures for hiring new staff that address specifying the job, advertising the job, screening applicants, interviewing candidates and selecting the most qualified candidate? YES X NO 42. Does the chief appraiser ensure all appraisal staff completes all requirements for becoming a Registered Professional Appraiser by the Texas Department of Licensing and Regulation? YES X NO 6 Texas Comptroller of Public Accounts

15 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers APPRAISAL STANDARDS, PROCEDURES AND METHODOLOGY The appraisal standards, procedures and methodology section reviews the appraisal activities and practices of an appraisal district. Appraisal districts are required to maintain files on all property, locate and appraise property and to use the most effective method for determining the value of each specific property. Mass Appraisal 43. Are cost schedules (models) used in mass appraisal evaluated and updated annually as recommended in IAAO s Standard on Mass Appraisal of Real Property? YES X NO 44. Are benchmarks established for each neighborhood as recommended in IAAO s Standard on Mass Appraisal of Real Property? YES X NO 45. Does the mass appraisal include a welldefined property classification system as recommended in IAAO s Standard on Mass Appraisal of Real Property? YES X NO 46. Has the CAD implemented a quality control program to ensure that data accuracy standards are met, as discussed in IAAO s Standard on Mass Appraisal of Real Property? YES X NO 47. Are the CAD s maps linked to the Computer Assisted Mass Appraisal (CAMA) system as suggested in IAAO s Standard on Mass Appraisal of Real Property? YES X NO Equal and Uniform Appraisal 48. Do sold and unsold like properties within the same market area have similar noticed values? YES X NO 49. Does a sampling of residential neighborhoods show that similar properties have similar noticed appraised values? YES X NO Aqricultural Use Appraisal 50. Are nettoland calculations for all agricultural use categories reproducible from the CAD s documentation? YES X NO 51. Are the results of the written agricultural use surveys reflected in the nettoland calculations? YES X NO 52. Do CAD records show that openspace land applications resulted in property inspections? YES X NO 53. Is openspace land valued according to the subcategories established by Tax Code Section 23.51(3)? YES X NO Texas Comptroller of Public Accounts 7

16 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers 54. Are openspace land values on property records reproducible using the CAD s schedule of productivity values? YES X NO 55. Is openspace land designated as used for wildlife management inspected regularly? YES X NO Special Appraisal 56. Does the appraisal district comply with appraisal requirements for heavy equipment inventory (Tax Code Section )? YES X NO 57. Does the appraisal district comply with appraisal requirements for motor vehicle inventory (Tax Code Section )? YES X NO 58. Does the appraisal district comply with all requirements of Tax Code Section 23.01(c)? YES X NO 59. Does the appraisal district comply with all requirements of Tax Code Section 23.01(d)? YES X NO 60. Does the appraisal district comply with all requirements of Tax Code Section 23.01(e)? YES X NO Ratio Studies 61. Does the CAD use ratio studies to calibrate schedule values? YES X NO 62. Does the CAD prepare ratio studies by appropriate market segments? YES X NO Identification and Listing of New Property 63. Does the CAD follow its written procedures for identifying new property in compliance with IAAO s Standard on Ratio Studies? YES X NO 64. Does the CAD follow written procedures for identifying upgrades and new improvements to existing properties? YES X NO 65. Does the CAD maintain evidence showing that appraisal records are supplemented with newly discovered omitted property pursuant to Tax Code Section 25.21? YES X NO 66. Does the CAD use more than one technique to locate new property? YES X NO Mapping 67. Does the CAD have a written procedure and schedule for updating maps? YES X NO 8 Texas Comptroller of Public Accounts

17 Methods and Assistance Program Report of the Bastrop CAD Tier 2 Questions and Answers 68. Are maps updated within 180 days of the receipt of ownership changes? YES X NO Land Appraisal 69. Does the CAD maintain documentation for land sales that support land schedules? YES X NO 70. Does the CAD regularly update land schedules? YES X NO Income Approach 71. Does a review of representative properties show that the CAD is correctly using the income approach? YES NO X Recommendation: Correctly use the income approach to value appropriate properties. 72. Does the CAD gather income data for applicable commercial property types such as office buildings and retail strip centers? YES X NO 73. Does the CAD gather expense data to be used in income approach valuations? YES X NO 74. Was the income approach considered in appraising income producing properties, exclusive of rent houses? YES NO X Recommendation: Consider the income approach in the appraisal process for income producing properties. Sales Verification 75. Does the CAD verify sales according to IAAO s Standard on Verification and Adjustment of Sales? YES X NO 76. Does the CAD adjust sales according to IAAO s Standard on Verification and Adjustment of Sales? YES X NO 77. Does the CAD gather available real estate transfer documents and use available thirdparty sources in gathering sales information, according to IAAO s Standard on Verification and Adjustment of Sales, Sections 3.1 and 3.4? YES X NO Appraisal Manuals 78. Do the CAD s written procedures for residential appraisal match the appraisal practices used by its appraisers? YES X NO Texas Comptroller of Public Accounts 9

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20 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification

21 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification BASTROP ISD Category A. SingleFamily Residential $1,488,247,452 $ 1,498,021,987 $ 1,396,756,236 $ 1,474,594,636 $ 1,554,527,350 B. MultiFamily Residential $27,764,658 $ 29,339,138 $ 26,111,325 $ 40,563,613 $ 44,531,407 C. Vacant Lots $123,358,580 $ 119,577,010 $ 116,374,716 $ 108,248,040 $ 110,058,355 D1. Qualified Ag Land $854,480,159 $ 862,372,836 $ 852,162,407 $ 854,574,655 $ 843,181,888 D2. NonQualified Ag Land $109,208,658 $ 106,381,012 $ 108,959,278 $ 111,110,996 $ 127,533,399 E. Farm & Ranch Improvements $212,292,057 $ 215,483,938 $ 215,256,151 $ 239,368,110 $ 255,671,705 F1. Commercial Real $403,641,289 $ 440,807,691 $ 451,416,816 $ 443,598,520 $ 490,440,529 F2. Industrial Real $113,626,973 $ 129,772,226 $ 133,686,027 $ 136,780,412 $ 166,973,719 G. Oil,Gas & Minerals $15,591,130 $ 6,570,021 $ 5,070,746 $ 4,338,964 $ 2,984,300 H. Vehicles $ $ $ $ J. Utilities $ $ $ $ J1. Water Systems $104,070 $ 99,134 $ 96,036 $ 90,368 $ 86,105 J2. Gas Distribution System $478,553 $ 484,160 $ 511,621 $ 602,397 $ 683,828 J3. Electric Company $26,241,970 $ 29,953,226 $ 30,821,542 $ 50,975,487 $ 39,824,771 J4. Telephone Company $11,461,040 $ 9,810,751 $ 8,184,686 $ 7,284,186 $ 6,619,096 J5. Railroad $7,402,688 $ 8,620,217 $ 9,298,155 $ 10,260,931 $ 11,378,268 J6. Pipeline Company $12,414,960 $ 12,030,655 $ 11,758,652 $ 10,660,695 $ 10,285,403 J7. Cable Television Company $5,589,000 $ 5,270,326 $ 7,425,761 $ 8,428,470 $ 9,728,790 J8. Other Type of Utility $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ L1. Commercial Personal $107,520,136 $ 110,787,494 $ 125,678,379 $ 145,604,328 $ 146,630,388 L2. Industrical Personal $206,617,855 $ 226,962,474 $ 236,312,676 $ 257,991,977 $ 267,842,559 M. Other Personal $66,760,738 $ 67,250,816 $ 69,280,561 $ 71,466,267 $ 72,548,506 N. Intangible Personal $ $ $ $ O. Real Property, Inventory $ $ $ $ S. Special Property $7,950,394 $ 9,610,874 $ 9,251,677 $ 14,217,985 $ 19,194,387 X. Exempt $ 1,285,868 Total Value $3,800,752,360 $ 3,889,205,986 $ 3,814,413,448 $ 3,990,761,037 $ 4,182,010,621 State Exemptions $175,482,056 $ 177,706,699 $ 167,255,309 $ 169,216,340 $ 167,794,931 Local % HS Exempt Value $ $ $ $ Local 65+/Disabled Value $ $ $ $ DV Disable Vet $16,545,078 $ 4,538,965 $ 4,445,401 $ 4,591,631 $ 4,709,103 DVX Disable Vet 100% N/A $ 13,841,712 $ 13,578,663 $ 19,376,577 $ 20,970,872 Productivity Value Loss $839,372,750 $ 847,145,595 $ 837,572,185 $ 836,177,412 $ 825,102,255 Other Deductions $47,421,728 $ 52,203,658 $ 54,648,863 $ 57,984,337 $ 59,127,922 Value Lost to Tax Freeze $72,616,279 $ 75,466,323 $ 73,058,110 $ 76,307,925 $ 82,056,359 Value Lost to 10% Cap $14,138,202 $ 10,100,544 $ 6,359,216 $ 4,464,361 $ 6,487,370 Taxable Value $2,467,232,060 $ 2,533,488,056 $ 2,491,737,993 $ 2,636,397,725 $ 2,816,226,325 M & O Rate $ $ $ $ $ I & S Rate.4410 $ $ $ $ Total Rate $ $ $ $ $ 1.441

22 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification ELGIN ISD Category A. SingleFamily Residential $ 412,972,743 $ 407,354,468 $ 410,640,316 $ 413,010,242 $ 420,523,528 B. MultiFamily Residential $ 13,014,160 $ 13,918,664 $ 13,984,715 $ 14,019,278 $ 14,607,886 C. Vacant Lots $ 19,322,633 $ 18,132,671 $ 17,283,428 $ 15,775,882 $ 16,848,509 D1. Qualified Ag Land $ 227,289,586 $ 227,130,770 $ 232,516,026 $ 234,363,307 $ 237,216,416 D2. NonQualified Ag Land $ 34,820,298 $ 36,747,879 $ 36,295,504 $ 32,296,172 $ 33,478,981 E. Farm & Ranch Improvements $ 102,222,709 $ 102,410,469 $ 105,076,985 $ 107,507,592 $ 110,321,077 F1. Commercial Real $ 71,710,193 $ 75,195,522 $ 78,388,643 $ 81,987,325 $ 96,894,681 F2. Industrial Real $ 11,476,888 $ 11,217,880 $ 11,016,063 $ 9,978,334 $ 9,642,484 G. Oil, Gas & Minerals $ 24,100 $ 59,062 $ 46,116 $ 32,248 $ 139,293 H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water Systems $ $ $ $ $ J2. Gas Distribution Systems $ 546,620 $ 549,549 $ 580,006 $ 665,120 $ 736,974 J3. Electric Company $ 11,868,610 $ 12,322,579 $ 12,538,868 $ 13,771,675 $ 15,127,384 J4. Telephone Company $ 3,919,550 $ 3,354,772 $ 2,823,263 $ 2,489,881 $ 2,298,889 J5. Railroad $ 4,325,358 $ 4,934,666 $ 5,330,058 $ 5,891,572 $ 6,558,392 J6. Pipeline Company $ 4,059,950 $ 3,816,940 $ 3,622,226 $ 3,339,164 $ 3,078,615 J7. Cable Television Company $ 823,760 $ 796,008 $ 1,131,091 $ 1,304,638 $ 1,499,284 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 20,517,828 $ 20,383,515 $ 21,158,522 $ 22,240,730 $ 23,232,629 L2. Industrial Personal $ 54,974,160 $ 50,990,754 $ 50,000,539 $ 47,262,838 $ 45,697,613 M. Other Personal $ 13,964,587 $ 14,206,933 $ 14,490,935 $ 14,464,916 $ 14,112,610 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ $ $ 984,678 $ 832,678 $ 1,175,433 X. Exempt $ 1,486,098 Total Value $ 1,007,853,733 $ 1,003,523,101 $ 1,017,907,982 $ 1,021,233,592 $ 1,054,676,776 State Exemptions $ 59,700,898 $ 59,809,645 $ 58,803,755 $ 58,844,594 $ 57,988,850 Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ $ $ $ $ DV Disable Vet $ 2,130,352 $ 920,115 $ 898,623 $ 984,778 $ 1,049,036 DVX Disable Vet 100% N/A $ 1,853,359 $ 2,012,750 $ 2,108,715 $ 2,353,597 Productivity Value Loss $ 222,789,956 $ 222,702,346 $ 228,127,873 $ 228,905,409 $ 231,793,150 Other Deductions $ 5,478,825 $ 5,262,199 $ 4,137,556 $ 4,288,383 $ 4,697,644 Value Lost to Tax Freeze $ 24,805,103 $ 26,006,261 $ 26,952,489 $ 27,517,496 $ 28,017,311 Value Lost to 10% Cap $ 3,615,682 $ 1,790,451 $ 1,289,158 $ 758,130 $ 1,605,238 Taxable Value $ 635,849,955 $ 628,319,437 $ 634,191,228 $ 634,877,838 $ 660,909,524 M & O Rate $ $ $ $ $ I & S Rate Total Rate $ $ $ $ $1.5400

23 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification SMITHVILLE ISD Category A. SingleFamily Residential $ 329,250,922 $ 329,316,903 $ 306,458,345 $ 324,264,732 $ 332,304,707 B. MultiFamily Residential $ 4,001,622 $ 4,253,631 $ 4,253,631 $ 4,502,208 $ 4,563,301 C. Vacant Lots $ 20,138,038 $ 19,708,774 $ 20,063,294 $ 16,897,239 $ 19,902,804 D1. Qualified Ag Land $ 451,754,017 $ 450,718,023 $ 444,206,006 $ 451,107,468 $ 464,446,908 D2. NonQualified Ag Land $ 49,998,919 $ 49,133,152 $ 47,160,550 $ 47,233,646 $ 51,049,919 E. Farm & Ranch Improvements $ 128,116,428 $ 131,809,698 $ 132,668,190 $ 146,002,899 $ 153,658,013 F1. Commercial Real $ 32,623,740 $ 33,744,689 $ 32,255,763 $ 37,026,312 $ 40,048,980 F2. Industrial Real $ 1,060,931 $ 1,060,896 $ 1,055,753 $ 1,253,800 $ 1,575,107 G. Oil, Gas & Minerals $ 10,174,214 $ 10,005,321 $ 12,597,021 $ 11,874,871 $ 10,401,540 H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ 288,920 $ 284,130 $ 291,788 $ 333,458 $ 362,705 J3. Electric Company $ 11,208,520 $ 12,306,097 $ 12,468,692 $ 13,503,162 $ 15,393,959 J4. Telephone Company $ 3,368,320 $ 2,863,597 $ 2,406,556 $ 2,493,019 $ 2,230,619 J5. Railroad $ 8,175,740 $ 9,333,157 $ 10,084,203 $ 11,150,813 $ 12,388,660 J6. Pipeline Company $ 8,930,270 $ 6,220,634 $ 5,965,298 $ 6,190,758 $ 6,183,898 J7. Cable Television Company $ 487,940 $ 428,528 $ 614,254 $ 758,885 $ 813,537 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 9,382,973 $ 10,953,845 $ 11,799,724 $ 12,764,011 $ 12,592,646 L2. Industrial Personal $ 4,554,190 $ 4,446,257 $ 5,039,659 $ 4,682,657 $ 6,272,000 M. Other Personal $ 13,541,571 $ 13,623,418 $ 14,135,749 $ 14,673,492 $ 14,528,409 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ 10,936 $ 24,727 $ 141,481 $ 322,012 $ 127,779 X. Exempt $ 558,321 Total Value $ 1,087,068,211 $ 1,090,235,477 $ 1,063,665,957 $ 1,107,035,442 $ 1,149,403,812 State Exemptions $ 50,936,706 $ 51,519,897 $ 49,270,432 $ 49,788,027 $ 49,214,308 Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ $ $ $ $ DV Disable Vet $ 4,366,616 $ 1,283,529 $ 1,253,325 $ 1,317,345 $ 1,331,363 DVX Disable Vet 100% N/A $ 3,410,272 $ 3,686,933 $ 4,387,883 $ 4,425,601 Productivity Value Loss $ 440,369,822 $ 439,325,169 $ 432,959,754 $ 437,243,193 $ 451,145,764 Other Deductions $ 1,489,324 $ 1,529,990 $ 1,449,082 $ 1,559,914 $ 1,784,689 Value Lost to Tax Freeze $ 26,400,988 $ 27,311,462 $ 26,867,750 $ 27,826,181 $ 29,161,547 Value Lost to 10% Cap $ 5,771,053 $ 3,460,533 $ 2,076,282 $ 1,850,240 $ 1,630,375 Taxable Value $ 503,312,128 $ 504,622,132 $ 491,041,008 $ 522,633,859 $ 543,402,395 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

24 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification McDADE ISD Category A. SingleFamily Residential $ 26,130,378 $ 26,445,812 $ 27,267,806 $ 27,234,506 $ 27,364,662 B. MultiFamily Residential $ $ $ $ $ C. Vacant Lots $ 1,107,593 $ 1,070,085 $ 1,153,236 $ 1,171,678 $ 1,225,741 D1. Qualified Ag Land $ 100,454,067 $ 100,857,003 $ 100,385,137 $ 101,790,737 $ 103,167,385 D2. NonQualified Ag Land $ 10,790,076 $ 9,943,445 $ 10,386,247 $ 9,131,376 $ 8,427,327 E. Farm & Ranch Improvements $ 28,488,338 $ 28,165,705 $ 28,614,634 $ 29,277,583 $ 30,385,102 F1. Commercial Real $ 2,445,133 $ 2,833,690 $ 2,830,507 $ 2,937,706 $ 3,068,344 F2. Industrial Real $ $ $ $ $ G. Oil, Gas & Minerals $ $ $ $ $ H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ $ $ $ $ J3. Electric Company $ 1,979,800 $ 2,171,281 $ 2,242,178 $ 2,537,513 $ 3,179,792 J4. Telephone Company $ 543,890 $ 551,540 $ 352,473 $ 454,647 $ 466,752 J5. Railroad $ $ $ $ $ J6. Pipeline Company $ 417,450 $ 464,106 $ 516,937 $ 477,251 $ 450,918 J7. Cable Television Company $ $ $ $ $ J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 1,847,179 $ 1,562,371 $ 1,865,073 $ 1,770,972 $ 1,762,327 L2. Industrial Personal $ 1,001,820 $ 1,039,002 $ 934,094 $ 1,027,770 $ 1,325,003 M. Other Personal $ 2,427,892 $ 2,462,199 $ 2,466,907 $ 2,547,306 $ 2,570,144 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ $ $ $ $ X. Exempt $ 4,706 Total Value $ 177,633,616 $ 177,566,239 $ 179,015,229 $ 180,359,045 $ 183,398,203 State Exemptions $ 6,330,179 $ 6,351,500 $ 6,370,335 $ 6,408,405 $ 6,284,560 Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ $ $ $ $ DV Disable Vet $ 405,540 $ 151,893 $ 120,272 $ 111,328 $ 114,372 DVX Disable Vet 100% N/A $ 346,736 $ 299,865 $ 304,079 $ 298,739 Productivity Value Loss $ 98,340,499 $ 98,555,442 $ 98,031,012 $ 98,791,484 $ 99,979,249 Other Deductions $ 13,899 $ 72,389 $ 67,706 $ 98,165 $ 60,051 Value Lost to Tax Freeze $ 2,838,923 $ 3,233,045 $ 3,191,016 $ 3,364,177 $ 3,382,757 Value Lost to 10% Cap $ 390,603 $ 183,601 $ 171,706 $ 97,031 $ 123,218 Taxable Value $ 64,271,867 $ 64,015,414 $ 65,477,171 $ 64,865,108 $ 67,027,704 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

25 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification LEXINGTON ISD Category A. SingleFamily Residential $ $ $ $ $ B. MultiFamily Residential $ $ $ $ $ C. Vacant Lots $ 3,130 $ 3,130 $ 3,130 $ 3,130 $ 3,130 D1. Qualified Ag Land $ 3,677,010 $ 3,547,237 $ 3,547,237 $ 3,547,237 $ 3,547,237 D2. NonQualified Ag Land $ 102,023 $ 102,023 $ 102,023 $ 102,023 $ 102,023 E. Farm & Ranch Improvements $ 822,317 $ 801,282 $ 761,879 $ 761,879 $ 786,388 F1. Commercial Real $ $ $ $ $ F2. Industrial Real $ $ $ $ $ G. Oil, Gas & Minerals $ $ $ $ $ H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ $ $ $ $ J3. Electric Company $ 11,180 $ 13,612 $ 15,517 $ 14,924 $ 16,145 J4. Telephone Company $ $ $ $ $ J5. Railroad $ $ $ $ $ J6. Pipeline Company $ $ $ $ $ J7. Cable Television Company $ $ $ $ $ J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ $ $ $ $ L2. Industrial Personal $ $ $ $ $ M. Other Personal $ 91,758 $ 91,180 $ 91,180 $ 91,180 $ 88,869 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ $ $ $ $ X. Exempt $ Total Value $ 4,707,418 $ 4,558,464 $ 4,520,966 $ 4,520,373 $ 4,543,792 State Exemptions $ 110,000 $ 110,000 $ 95,000 $ 110,000 $ 110,000 Local % HS Exempt Value $ 30,000 $ 30,000 $ 25,000 $ 30,000 $ 30,000 Local 65+/Disabled Value $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 DV Disable Vet $ $ $ $ $ DVX Disable Vet 100% N/A $ $ $ $ Productivity Value Loss $ 3,623,222 $ 3,493,449 $ 3,493,212 $ 3,481,818 $ 3,481,675 Other Deductions $ $ $ $ $ Value Lost to Tax Freeze $ 66,000 $ 66,000 $ 66,000 $ 66,000 $ 66,000 Value Lost to 10% Cap $ 33,634 $ 26,609 $ 18,889 $ 10,397 $ 27,367 Taxable Value $ 835,924 $ 828,078 $ 818,537 $ 817,830 $ 828,733 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

26 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification CITY OF ELGIN Category A. SingleFamily Residential $ 196,098,842 $ 191,588,021 $ 192,367,382 $ 190,315,830 $ 194,794,583 B. MultiFamily Residential $ 12,946,064 $ 13,851,487 $ 13,917,538 $ 13,863,318 $ 14,457,359 C. Vacant Lots $ 7,990,006 $ 7,233,621 $ 6,934,603 $ 5,783,477 $ 6,975,669 D1. Qualified Ag Land $ 9,012,511 $ 7,560,165 $ 10,509,488 $ 10,627,310 $ 14,333,215 D2. NonQualified Ag Land $ 2,679,544 $ 1,964,148 $ 2,712,073 $ 2,063,798 $ 2,463,002 E. Farm & Ranch Improvements $ 491,585 $ 459,190 $ 455,670 $ 348,326 $ 340,790 F1. Commercial Real $ 65,113,737 $ 68,220,243 $ 71,100,830 $ 76,541,730 $ 90,753,771 F2. Industrial Real $ 1,820,500 $ 1,817,135 $ 1,817,135 $ 1,817,135 $ 1,885,863 G. Oil, Gas & Minerals $ $ $ $ $ H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ 410,780 $ 405,174 $ 424,354 $ 482,910 $ 537,411 J3. Electric Company $ 3,267,080 $ 3,257,765 $ 3,226,693 $ 3,382,629 $ 3,539,484 J4. Telephone Company $ 1,405,270 $ 1,201,776 $ 1,012,890 $ 882,241 $ 816,011 J5. Railroad $ 1,129,413 $ 1,277,531 $ 1,373,646 $ 1,510,142 $ 1,683,717 J6. Pipeline Company $ 1,100 $ 993 $ 859 $ 1,090 $ 1,707 J7. Cable Television Company $ 823,760 $ 796,008 $ 1,131,091 $ 1,165,569 $ 1,342,473 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 15,001,356 $ 15,116,741 $ 15,676,429 $ 16,932,809 $ 18,650,062 L2. Industrial Personal $ 1,089,680 $ 941,029 $ 780,701 $ 773,127 $ 1,312,982 M. Other Personal $ 817,361 $ 880,016 $ 915,305 $ 964,659 $ 858,702 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ $ $ 984,678 $ 832,678 $ 1,175,433 X. Exempt $ 1,431,767 Total Value $ 320,098,589 $ 316,571,043 $ 325,341,365 $ 328,288,778 $ 357,354,001 State Exemptions $ $ $ $ $ Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ 6,813,015 $ 6,828,678 $ 6,756,678 $ 6,891,678 $ 6,660,841 DV Disable Vet $ 947,228 $ 281,875 $ 262,375 $ 278,375 $ 281,375 DVX Disable Vet 100% N/A $ 868,137 $ 1,062,639 $ 1,369,661 $ 1,552,373 Productivity Value Loss $ 8,935,971 $ 7,485,565 $ 10,435,672 $ 10,529,311 $ 14,243,770 Other Deductions $ 1,794,308 $ 1,731,462 $ 1,197,882 $ 1,957,711 $ 2,500,333 Value Lost to Tax Freeze $ $ $ $ $ Value Lost to 10% Cap $ 1,691,582 $ 869,038 $ 703,455 $ 363,743 $ 948,598 Taxable Value $ 299,991,107 $ 298,564,463 $ 304,964,019 $ 307,202,344 $ 331,541,051 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

27 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification CITY OF SMITHVILLE Category A. SingleFamily Residential $ 131,037,222 $ 131,510,298 $ 133,207,219 $ 134,974,612 $ 137,083,199 B. MultiFamily Residential $ 2,532,279 $ 2,786,925 $ 2,786,925 $ 3,038,997 $ 3,108,413 C. Vacant Lots $ 3,996,369 $ 4,011,337 $ 3,861,587 $ 2,825,507 $ 3,739,257 D1. Qualified Ag Land $ 3,286,609 $ 3,268,649 $ 2,956,171 $ 2,917,029 $ 3,380,798 D2. NonQualified Ag Land $ 162,392 $ 162,392 $ 445,806 $ 532,829 $ 174,221 E. Farm & Ranch Improvements $ 324,224 $ 453,429 $ 454,101 $ 400,795 $ 740,434 F1. Commercial Real $ 21,033,510 $ 22,118,764 $ 21,888,486 $ 24,466,176 $ 24,533,435 F2. Industrial Real $ 525,227 $ 525,227 $ 550,189 $ 550,189 $ 872,009 G. Oil, Gas & Minerals $ $ $ $ $ H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ 287,060 $ 282,282 $ 289,884 $ 331,540 $ 361,200 J3. Electric Company $ 18,700 $ 22,437 $ 21,248 $ 20,434 $ 22,107 J4. Telephone Company $ 2,511,310 $ 2,126,438 $ 1,786,677 $ 1,569,702 $ 1,426,469 J5. Railroad $ 1,841,510 $ 2,065,858 $ 2,211,433 $ 2,418,168 $ 2,658,100 J6. Pipeline Company $ $ $ $ $ J7. Cable Television Company $ 281,730 $ 272,245 $ 382,403 $ 394,060 $ 453,826 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 5,196,335 $ 6,129,874 $ 6,917,393 $ 2,829,231 $ 6,710,335 L2. Industrial Personal $ 1,945,570 $ 1,871,546 $ 902,503 $ 991,175 $ 1,122,140 M. Other Personal $ 1,812,995 $ 1,776,582 $ 1,922,107 $ 2,055,694 $ 2,100,620 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ $ $ $ $ X. Exempt $ 306,524 Total Value $ 176,793,042 $ 179,384,283 $ 180,584,132 $ 180,316,138 $ 188,793,087 State Exemptions $ $ $ $ $ Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ 1,158,431 $ 1,157,313 $ 1,145,708 $ 1,130,708 $ 1,099,900 DV Disable Vet $ 1,125,452 $ 378,954 $ 385,000 $ 379,300 $ 389,300 DVX Disable Vet 100% N/A $ 839,545 $ 1,107,299 $ 1,556,647 $ 1,630,369 Productivity Value Loss $ 3,212,107 $ 3,194,147 $ 2,884,851 $ 2,864,946 $ 3,329,584 Other Deductions $ 841,054 $ 732,817 $ 647,090 $ 775,891 $ 684,741 Value Lost to Tax Freeze $ $ $ $ $ Value Lost to 10% Cap $ 2,796,760 $ 1,715,495 $ 924,490 $ 70,950 $ 678,240 Taxable Value $ 167,757,145 $ 171,432,333 $ 173,554,766 $ 177,093,580 $ 181,193,576 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

28 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification CITY OF BASTROP Category A. SingleFamily Residential $ 274,255,675 $ 273,245,202 $ 272,327,843 $ 279,494,426 $ 296,045,873 B. MultiFamily Residential $ 23,342,419 $ 24,702,977 $ 21,618,399 $ 35,539,057 $ 39,128,461 C. Vacant Lots $ 18,673,558 $ 19,302,487 $ 15,751,620 $ 12,926,311 $ 15,919,266 D1. Qualified Ag Land $ 21,890,096 $ 21,885,633 $ 36,922,678 $ 21,736,662 $ 14,407,567 D2. NonQualified Ag Land $ 8,091,001 $ 8,332,148 $ 8,122,235 $ 8,343,151 $ 17,593,399 E. Farm & Ranch Improvements $ 4,112,332 $ 2,377,598 $ 2,694,823 $ 2,991,321 $ 3,412,881 F1. Commercial Real $ 255,194,589 $ 276,082,942 $ 285,304,324 $ 292,183,217 $ 326,574,047 F2. Industrial Real $ 1,022,913 $ 1,022,913 $ 1,022,913 $ 1,022,913 $ 664,768 G. Oil, Gas & Minerals $ $ $ $ $ H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ $ $ $ $ J2. Gas Distribution System $ 408,883 $ 412,088 $ 434,747 $ 507,319 $ 568,244 J3. Electric Company $ 3,000,210 $ 3,644,311 $ 3,631,924 $ 4,095,564 $ 4,309,400 J4. Telephone Company $ 3,069,120 $ 2,573,722 $ 2,143,018 $ 1,867,864 $ 1,742,187 J5. Railroad $ 1,038,240 $ 1,323,343 $ 1,396,221 $ 1,499,718 $ 1,619,830 J6. Pipeline Company $ 247,550 $ 254,750 $ 338,103 $ 365,797 $ 469,762 J7. Cable Television Company $ 895,980 $ 865,804 $ 1,217,959 $ 1,800,506 $ 2,162,556 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 63,224,896 $ 61,532,716 $ 70,806,903 $ 76,178,629 $ 82,441,529 L2. Industrial Personal $ 1,709,270 $ 978,268 $ 852,603 $ 1,212,003 $ 1,501,619 M. Other Personal $ 1,022,778 $ 999,485 $ 1,073,613 $ 1,259,021 $ 1,286,177 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ 6,697,051 $ 7,444,413 $ 7,443,767 $ 10,989,928 $ 13,331,662 X. Exempt $ 619,342 Total Value $ 687,896,561 $ 706,980,800 $ 733,103,693 $ 754,013,407 $ 823,798,570 State Exemptions $ $ $ $ $ Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ $ $ $ $ DV Disable Vet $ 3,436,549 $ 574,500 $ 567,689 $ 633,751 $ 670,251 DVX Disable Vet 100% N/A $ 2,974,794 $ 2,533,768 $ 3,905,118 $ 4,069,205 Productivity Value Loss $ 21,743,756 $ 21,740,141 $ 36,659,568 $ 21,535,438 $ 14,311,552 Other Deductions $ 761,612 $ 1,031,128 $ 1,222,285 $ 1,742,900 $ 1,359,306 Value Lost to Tax Freeze $ 1,334,730 $ 1,419,311 $ 1,083,652 $ 1,543,708 $ 2,561,323 Value Lost to 10% Cap $ 2,737,221 $ 1,647,147 $ 1,168,266 $ 741,277 $ 1,002,472 Taxable Value $ 602,408,945 $ 620,076,391 $ 633,420,344 $ 663,461,293 $ 738,212,754 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $

29 BASTROP CENTRAL APPRAISAL DISTRICT Certified Market Value by State Code Classification BASTROP COUNTY Category A. SingleFamily Residential $ 2,256,601,495 $ 2,261,139,170 $ 2,141,122,703 $ 2,239,104,116 $ 2,334,720,247 B. MultiFamily Residential $ 44,780,440 $ 47,511,433 $ 44,349,671 $ 59,085,099 $ 63,702,594 C. Vacant Lots $ 163,929,974 $ 158,491,670 $ 154,877,804 $ 142,095,969 $ 148,038,539 D1. Qualified Ag Land $ 1,637,647,327 $ 1,644,625,869 $ 1,632,816,813 $ 1,645,383,404 $ 1,651,559,834 D2. NonQualified Ag Land $ 204,919,974 $ 202,307,511 $ 202,903,602 $ 199,874,213 $ 220,591,649 E. Farm & Ranch Improvements $ 471,941,849 $ 478,671,092 $ 482,377,839 $ 522,918,063 $ 550,822,285 F1. Commercial Real $ 510,420,355 $ 552,581,592 $ 564,891,729 $ 565,549,863 $ 630,452,534 F2. Industrial Real $ 126,164,792 $ 142,051,002 $ 145,757,843 $ 148,012,546 $ 178,191,310 G. Oil, Gas & Minerals $ 25,789,444 $ 16,634,739 $ 17,713,883 $ 16,246,403 $ 13,416,921 H. Vehicles $ $ $ $ $ J. Utilities $ $ $ $ $ J1. Water System $ 104,070 $ 99,134 $ 96,036 $ 90,368 $ 86,105 J2. Gas Distribution System $ 1,314,093 $ 1,317,839 $ 1,383,415 $ 1,600,975 $ 1,783,507 J3. Electric Company $ 51,310,090 $ 56,771,070 $ 58,086,798 $ 80,832,502 $ 73,542,051 J4. Telephone Company $ 19,292,800 $ 16,580,660 $ 13,766,978 $ 12,722,669 $ 11,615,575 J5. Railroad $ 24,381,631 $ 28,063,782 $ 29,946,277 $ 33,347,851 $ 36,868,517 J6. Pipeline Company $ 25,822,630 $ 22,532,335 $ 21,863,113 $ 20,667,868 $ 19,998,834 J7. Cable Television Company $ 6,900,700 $ 6,494,862 $ 9,171,106 $ 10,491,993 $ 12,041,611 J8. Other Type of Utility $ $ $ $ $ J9. Railroad Rolling Stock $ $ $ $ $ L1. Commercial Personal $ 139,292,422 $ 143,695,201 $ 160,511,657 $ 182,388,890 $ 184,221,571 L2. Industrial Personal $ 267,148,025 $ 283,438,487 $ 292,364,728 $ 310,965,402 $ 321,137,175 M. Other Personal $ 96,744,051 $ 97,634,546 $ 100,465,332 $ 103,274,035 $ 103,848,538 N. Intangible Personal $ $ $ $ $ O. Real Property, Inventory $ $ $ $ $ S. Special Property $ 7,961,330 $ 9,635,601 $ 10,377,836 $ 15,372,675 $ 20,497,599 X. Exempt $ 3,343,550 Total Value $ 6,082,467,492 $ 6,170,277,595 $ 6,084,845,163 $ 6,310,024,904 $ 6,580,480,546 State Exemptions $ $ $ $ $ Local % HS Exempt Value $ $ $ $ $ Local 65+/Disabled Value $ 109,883,628 $ 113,143,244 $ 110,741,895 $ 117,719,783 $ 116,493,666 DV Disable Vet $ 26,484,598 $ 7,202,703 $ 7,078,457 $ 7,259,054 $ 7,403,805 DVX Disable Vet 100% N/A $ 23,105,079 $ 23,225,888 $ 30,609,071 $ 32,581,329 Productivity Value Loss $ 1,604,488,865 $ 1,611,222,001 $ 1,600,184,036 $ 1,604,599,316 $ 1,611,502,093 Other Deductions $ 109,298,907 $ 127,481,940 $ 129,134,293 $ 128,013,915 $ 131,129,574 Value Lost to Tax Freeze $ 112,441,378 $ 117,282,607 $ 115,168,083 $ 120,999,305 $ 128,280,788 Value Lost to 10% Cap $ 23,949,174 $ 15,561,738 $ 9,915,251 $ 7,180,159 $ 9,873,568 Taxable Value $ 3,787,996,672 $ 3,832,804,235 $ 3,773,222,125 $ 3,952,039,073 $ 4,176,127,577 M & O Rate $ $ $ $ $ I & S Rate $ $ $ $ $ Total Rate $ $ $ $ $