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DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 11:12:17                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              108/Hidalgo                                           VRSN: P

                                                        108-903/Edcouch-Elsa ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2004 WTD                     2004 PTD                2004 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          144,300,941                .9428                  153,055,729               144,300,941
B.  MULTIFAMILY RESIDENCES              4,748,374                   **                    4,748,374                 4,748,374
C.  VACANT LOTS                        16,556,867                .9788                   16,915,475                16,556,867
D.  RURAL REAL(TAXABLE)                15,210,731                .9315                   16,328,671                15,210,731
F1. COMMERCIAL REAL                    20,813,358                .9621                   21,633,258                20,813,358
F2. INDUSTRIAL REAL                     1,929,194                   **                    1,929,194                 1,929,194
G.  OIL,GAS,MINERALS                      119,520                   **                      119,520                   119,520
J.  UTILITIES                           9,831,394                   **                    9,831,394                 9,831,394
L1. COMMERCIAL PERSONAL                 8,993,614                   **                    8,993,614                 8,993,614
L2. INDUSTRIAL PERSONAL                   792,388                   **                      792,388                   792,388
M.  MOBILE HOMES                        1,461,626                   **                    1,461,626                 1,461,626
N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0
O.  RESIDENTIAL INVENTORY               1,056,216                   **                    1,056,216                 1,056,216
S.  SPECIAL INVENTORY                     262,372                   **                      262,372                   262,372
                              ___________________                               ___________________       ___________________

SUBTOTAL                              226,076,595                                       237,127,831               226,076,595

LESS TOTAL DEDUCTIONS                  57,669,192                                        59,508,397                57,669,192
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   168,407,403                                       177,619,434               168,407,403 T2*
                                                                                 * THIS DISTRICT IS IN YEAR 1 OF THE GRACE PERIOD.
____________________________________________________________________________________________________________________________________

                   LOCAL REPORTED       PTD ESTIMATE                                 LOCAL TAX ROLL          RATIO         PTD VALUE
                   ______________       ____________                                 ______________                      ___________

HOMESTEAD & VETS       46,011,132         46,011,132    MKT VALUE NON-QUAL

CAP VALUE LOSS          4,852,252          5,146,640    ACRES & FRM/RNCH IMPRV           10,892,832          .8926        12,203,486

OVER 65 FREZ LOSS       5,124,308          6,669,125    PROD VAL QUAL ACRES               4,317,899         1.0467         4,125,185

ALL OTHER               1,681,500          1,681,500
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       57,669,192         59,508,397    TOTAL TAXABLE VALUE              15,210,731                       16,328,671

DATE: 02/10/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 11:12:17                                           2004 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              108/Hidalgo                                           VRSN: P
                                                        108-903/Edcouch-Elsa ISD

____________________________________________________________________________________________________________________________________

SB4, PASSED BY THE 1999 LEGISLATURE, REQUIRES THE COMPTROLLER TO CERTIFY ALTERNATIVE MEASURES OF SCHOOL DISTRICT
WEALTH (T1, T3 AND T4) IN ADDITION TO THE TRADITIONAL MEASURE (T2).  QUESTIONS ABOUT THE EXTENT TO WHICH ANY OF
THESE WEALTH MEASURES AFFECT SCHOOL FUNDING SHOULD BE DIRECTED TO THE DIVISION OF STATE FUNDING AT  THE TEXAS
EDUCATION AGENCY, TELEPHONE #512-463-9238

                          LOSS TO                                 50% OF THE LOSS
                      THE ADDITIONAL                           TO THE LOCAL OPTIONAL
                     $10,000 HOMESTEAD                          PERCENTAGE HOMESTEAD
        T1                EXEMPTION               T2                 EXEMPTION                T3                     T4
___________________  ___________________  ___________________  ____________________   ____________________    ___________________

      193,633,842             25,226,439       168,407,403                       0          193,633,842            168,407,403

T1 = SCHOOL DISTRICT TAXABLE VALUE BEFORE THE LOSS TO THE ADDITIONAL $10,000 HOMESTEAD EXEMPTION
T2 = SCHOOL DISTRICT TAXABLE VALUE AFTER THE LOSS TO THE ADDITIONAL $10,000 HOMESTEAD EXEMPTION
T3 = T1 MINUS 50% OF THE LOSS TO THE LOCAL OPTIONAL PERCENTAGE HOMESTEAD EXEMPTION
T4 = T2 MINUS 50% OF THE LOSS TO THE LOCAL OPTIONAL PERCENTAGE HOMESTEAD EXEMPTION



THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN
YEAR ONE/TWO OF A GRACE PERIOD.
                                                      **** END  OF  REPORT ****