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DATE: 01/30/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 08:08:08                                           2005 ISD SUMMARY WORKSHEET                                 REPT: PTS265
                                                              084/Galveston                                         VRSN: W
                                                        084-908/Hitchcock ISD

____________________________________________________________________________________________________________________________________

                                        LOCAL TAX             2005 WTD                     2005 PTD                2005 VALUE
CATEGORY                               ROLL VALUE           MEAN RATIO               VALUE ESTIMATE                  ASSIGNED
________                      ___________________           __________          ___________________             _____________

A.  SINGLE-FAMILY RESIDENCES          255,366,485                .9314                  274,174,882               255,366,485

B.  MULTIFAMILY RESIDENCES              7,403,210                   **                    7,403,210                 7,403,210

C.  VACANT LOTS                        35,869,320                .9146                   39,218,587                35,869,320

D.  RURAL REAL(TAXABLE)                12,514,710                .9746                   12,840,774                12,514,710

F1. COMMERCIAL REAL                    31,248,860                .9282                   33,666,085                31,248,860

F2. INDUSTRIAL REAL                     1,060,470                   **                    1,060,470                 1,060,470

G.  OIL,GAS,MINERALS                   16,387,030                   **                   16,387,030                16,387,030

J.  UTILITIES                          22,918,450                .8880                   25,809,065                22,918,450

L1. COMMERCIAL PERSONAL                23,679,814               1.0356                   22,865,792                23,679,814

L2. INDUSTRIAL PERSONAL                   914,740                   **                      914,740                   914,740

M.  MOBILE HOMES                        2,547,310                   **                    2,547,310                 2,547,310

N.  INTANGIBLE PERS/UNCERT                      0                   **                            0                         0

O.  RESIDENTIAL INVENTORY                 170,120                   **                      170,120                   170,120

S.  SPECIAL INVENTORY                     437,380                   **                      437,380                   437,380
                              ___________________                               ___________________       ___________________

SUBTOTAL                              410,517,899                                       437,495,445               410,517,899

LESS TOTAL DEDUCTIONS                  63,947,278                                        68,856,902                63,947,278
                              ___________________                               ___________________       ___________________

TOTAL TAXABLE VALUE                   346,570,621                                       368,638,543               346,570,621 T2
____________________________________________________________________________________________________________________________________

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

HOMESTEAD & VETS       36,785,020         36,785,020    MKT VALUE NON-QUAL

CAP VALUE LOSS         15,232,275         16,354,171    ACRES & FRM/RNCH IMPRV           10,818,130             **        10,818,130

OVER 65 FREZ LOSS      11,509,558         15,297,286    PROD VAL QUAL ACRES               1,696,580          .8388         2,022,644

ALL OTHER                 420,425            420,425
                  _______________    _______________                                _______________                  _______________

TOTAL DEDUCTIONS       63,947,278         68,856,902    TOTAL TAXABLE VALUE              12,514,710                       12,840,774
DATE: 01/30/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 002
TIME: 08:08:08                                           2005 FINAL VALUES WORKSHEET                                REPT: PTS265
                                                              084/Galveston                                         VRSN: W
                                                        084-908/Hitchcock 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
___________________  ___________________  ___________________  ____________________   ____________________    ___________________
      365,827,601             19,256,980       346,570,621                       0          365,827,601            346,570,621

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

                                                      **** END  OF  REPORT ****