D A L L A S C E N T R A L A P P R A I S A L. Annual Report D I S T R I C T. Appraisal Year

Transcription

1 D A L L A S C E N T R A L Annual Report 2011 Appraisal Year A P P R A I S A L D I S T R I C T

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5 Annual Report 2011 Appraisal Year

6 Dallas Central Appraisal District ENTITIES SERVED (61) DALLAS COUNTY DALLAS COUNTY HOSPITAL DISTRICT DALLAS COUNTY COMMUNITY COLLEGE DISTRICT CITIES ISD S Addison Grapevine Carrollton/Farmers Branch Balch Springs Highland Park Cedar Hill Carrollton Hutchins Coppell Cedar Hill Irving Dallas Cockrell Hill Lancaster DeSoto Combine Lewisville Duncanville Coppell Mesquite Ferris Dallas Ovilla Garland DeSoto Richardson Grand Prairie Duncanville Rowlett Grapevine/Colleyville Farmers Branch Sachse Highland Park Ferris Seagoville Irving Garland Sunnyvale Lancaster Glenn Heights University Park Mesquite Grand Prairie Wilmer Richardson Wylie Sunnyvale Dallas County Schools SPECIAL DISTRICTS Dallas County Flood Control District #1 Irving Flood Control District I Dallas County Utility Reclamation District Irving Flood Control District III Northwest Flood Control District Grand Prairie Metro URD Valwood Improvement Authority Lancaster MUD #1 Denton County Levee Improv. District #1 Denton County Road Utility District #1 BOARD OF DIRECTORS The Board of Directors of the Dallas Central Appraisal District consists of five voting members and one nonvoting member. The Directors are appointed or elected by the County of Dallas, the City of Dallas, the Dallas Independent School District, all other Suburban Cities in Dallas County, and all other suburban independent school districts in Dallas County. The non-voting member is the current Tax Assessor / Collector for Dallas County. Board members include: Jerry Jones (Suburban School Districts) Michael Hurtt (Suburban Cities) John Warren (County of Dallas) Andy Trujillo (City of Dallas) Bruce Parrott (Dallas Independent School District) John R. Ames (Dallas County Tax Assessor / Collector) 1

7 Dallas Central Appraisal District General Statistical Information FY 2009 FY 2010 FY 2011 Financial Budget $21.4 million $21.8 million $21.7 million Dallas County Market Value $212.3 billion $204.4 billion $203.7 billion Number of Parcels 813, , ,845 Residential 642, , ,145 Commercial 73,298 73,213 73,186 Business Personal Property 97,293 96,508 97,514 Number of Personnel Office of Chief Appraiser Administrative Services Legal Services Information Technology Appraisal Services Professional Staff Designations Register Professional Appraisers Registered Tax Assessor Legislative Changes DCAD implemented the Electronic Notification System (ENS). DCAD successfully completed the first Methods & Assistance Program Review. 2

8 Appraisal Results AY 2009 AY 2010 AY 2011 The appraisal function for Dallas CAD is segregated into 4 divisions - Residential, Commercial, Business Personal Property (BPP), and Property Records / Exemptions (PRE). There are 120 appraisal registrants within Dallas CAD. New Construction and miscellaneous permit statistics are based on building permits received from the cities in Dallas County that result in an inspection or office review. New Construction denotes a new improvement and miscellaneous permits typically include repair permits, finish-out permits, and demolition permits. Physical site visits typically occur on any building permit issued by a city that affects value as well as any property that was partially complete as of January 1 of the prior appraisal year. Reappraisal statistics are based on those neighborhoods and properties that have been targeted for reappraisal. Neighborhoods targeted for reappraisal are based primarily on ratio study analysis comparing sale prices to appraised values. Programmatic Reappraisal occurs in homogeneous neighborhoods where digital photography and aerial photography can be utilized in the valuation process as opposed to an actual physical inspection. Conventional Reappraisal is where an actual physical inspection takes place. Sales Processing, Income and Expense Processing and a review of all Sold properties in the Commercial file takes place annually to assist in targeting areas (Land Market Areas and Improved Market Areas) and properties for reappraisal. This information is also used to assist Commercial in developing income models for the major property types - Office, Retail, Industrial, Apartments, and Hotels. Business Personal Property targets all new businesses (Adds) and deletes businesses (Inactives) that no longer exist as of January 1. BPP reappraises all businesses on an annual basis and typically undertakes site visits on 33% of all businesses annually. BPP also values aircraft, special inventory accounts, leased equipment companies, utilities and pipelines within Dallas County. The Property Records Exemption Division is responsible for updating all ownership changes annually and administers both partial and total exemption applications. PRE responsibilities also include processing Abatements, TIF s, Historics, Ceiling Tax Transfers, Agricultural valuations, property line metes and bounds changes (AFC) including setting up all new subdivisions. RESIDENTIAL DIVISION: New Construction Growth Projections 5,431 2,904 3,002 Reappraisal Growth Projections: Total Reappraisal 277, , ,940 Conventional reappraisal 88, , ,670 Programmatic reappraisal 188, ,126 39,270 % Conventional 31.91% 49.41% 82.85% % Programmatic 68.09% 50.59% 17.15% COMMERCIAL DIVISION: Permits: New construction - average New construction - major New construction - complex New construction - no starts Miscellaneous 8,247 8,687 5,141 Sales processing 5,831 2,118 2,112 I & E processing 4, ,750 Sold properties 7,772 2,396 3,653 BUSINESS PERSONAL PROPERTY DIVISION: Tenant / rendition adds 2,313 3,086 2,872 Field adds - new accounts 5,982 5,862 5,982 Field reappraisal 12,711 12,192 13,616 Complex accounts Inactives 8,862 8,936 8,417 Aircraft reappraisal Renditions - batchable 5,685 5,422 7,601 Renditions - non-batchable 13,829 15,867 11,894 Renditions - online 5,942 9,667 7,033 Special inventory appraisal 1,869 1,558 11,536 PROPERTY RECORDS / EXEMPTIONS DIVISION: Abatement process Agricultural revaluation 977 1,010 1,026 Field inspections - partial Field inspections - totals Historic exemption process New additions - in-house 2,575 1,803 2,152 Special use AFCs 2,920 1, Splits - in-house 1, ,233 Total exemption process 2,744 3,814 3,387 GENERAL STATISTICAL INFORMATION: Appraisal notices mailed 519, , ,239 3

9 Taxpayer Appeal Results In accordance with the Texas Property Tax Code, Section 41.44, a property owner and/or an authorized Tax Consultant may file an appeal with the Appraisal Review Board (ARB) of Dallas County. The ARB schedules these appeals for protest hearings and notifies the protesting party of their scheduled hearing before the ARB. The ARB hears all of the protested property accounts and then approves and submits an appraisal roll to the Chief Appraiser. The protest process begins around May 1 and concludes by July 20 of each year. The Chief Appraiser of the Dallas Central Appraisal District (DCAD) then certifies the appraisal roll to the 61 taxing entities of Dallas County who are served by the Appraisal District. The ARB is a quasi-judicial body appointed by the Board of Directors of the DCAD. Members are charged with the function of providing an impartial review of the appraisal records prepared by DCAD. The ARB is empowered to equalize values of all properties in DCAD in relation to fair market value and hear taxpayer appeals through scheduled hearings for those that dispute their appraised value. The ARB members do not work for DCAD but rather, arbitrate between the taxpayer and DCAD in order to determine market value. The 85 ARB members are appointed by the DCAD Board of the Directors and serve two year terms. AY 2009 AY 2010 AY 2011 ARB STATISTICAL INFORMATION: Telephone calls 56,935 47,851 37,019 Walk-Ins 19,603 16,352 12,709 Informal hearings 41,349 37,963 31,347 Protests received 113, ,094 89,862 Online protests - property owner NA 5,869 6,024 Protests scheduled 120, , ,558 Tax consultant protests 76,392 73,911 68,248 Online protests - tax consultants 46,216 34,743 39,494 ARB hearings held 53,194 45,151 33,904 ARB Dismissals 15,051 11,140 7,148 ARB panels utilized 1,557 1, Reschedules 11,259 13,372 11,799 ARB hearings with panel value 38,143 34,011 26,756 ARB hearings with dismissal 15,051 11,140 7,148 PROTESTS BY DISCIPLINE: Residential 73,104 65,004 53,093 Commercial 27,938 26,490 24,390 Business Personal Property 12,059 11,290 11,987 Exemptions The ARB keeps statistics on the appeals process tracking protests received, scheduled, heard or resolved. The number of ARB hearing panels tracks the hours of service by the ARB members in this process. The Appeals & Support Division of DCAD is the responsible party for this process. The Division consists of one Manager and 12 Team Leaders and Specialists. Taxpayer Assistance Results AY 2009 AY 2010 AY 2011 Customer service in the Appraisal Services Department consists of one-on-one contact with taxpayers in answering their questions. The time spent assisting taxpayers in the supplemental Appraisal Review Board process is also included. HOURS OF CUSTOMER SERVICE INCLUDNG SUPPLEMENTAL ARB: Residential 3,579 6,642 3,603 Commercial ,322 Business Personal Property 6,946 5,571 5,543 Property Records / Exemptions 7,385 6,976 6,946 The Customer Service Division is the first point of contact as taxpayers enter the DCAD building or call to make general inquiries. The Division is staffed with a manager and 8 customer service specialists. CUSTOMER SERVICE DIVISION: Counter Statistics 21,325 18,004 17,513 Media Statistics 1,338 1, Phone Statistics 112,553 92,583 80,130 4

10 Financial Results The financial results of the Dallas Central Appraisal District reflect the unwavering focus on conservative fiscal stewardship and optimal utilization of financial and personnel resources. The financial process of DCAD is presented in two different publications the approved Financial Budget and the Audited Financial Statements. The first show what is planned and the second shows what actually happened. The Financial Budget must be presented to the Board of Directors and the participating entities by February 1 of each year. The Board of Directors holds at least one public hearing by April to receive input on the proposed budget which must be adopted by May 15. The Financial Budget outlines goals, objectives and programs to be accomplished; operating and maintenance expenditures by category codes; personnel breakdown with staffing levels and salary ranges; and a detailed schedule of capitalized equipment to be purchased. The Financial Statements are audited by a CPA in accordance with generally accepted auditing standards. The Board of Directors appoints a Budget and Audit Review Committee comprised of two members to review the budget with staff and report any findings or recommendations. The Committee also reviews the draft of the financial audit with DCAD s auditor to review any comments from the auditor s findings and receive any recommendations on the financial operations. Beginning in fiscal year 2011, Dallas CAD has responded to the downturn in economic activity by reducing budgeted expenditures and personnel levels over the past three years FY 2009 FY 2010 FY 2011 Dallas CAD budget $ 21,380,063 $ 21,799,127 $ 21,733,893 Buget change $ 420,038 $ 419,064 $ (65,234) % Budget change 2.00% 1.96% -0.30% Merit increases 3.50% 3.00% 0.00% Entity salary survey 3.58% 3.19% 1.50% Budgeted personnel BUDGETED REVENUE SOURCES: Entity allocations $ 21,010,063 $ 21,479,127 $ 21,463,893 Investment proceeds 65,000 25,000 10,000 Rendition fees 275, , ,000 Other income 30,000 20,000 10,000 Total Revenues $ 21,380,063 $ 21,799,127 $ 21,733,893 BUDGETED EXPENDITURES: Salaries & wages $ 12,976,545 $ 13,229,981 $ 12,932,044 Auto expense 766, , ,219 Supplies & materials 784, , ,628 Operational services 34,300 62,340 60,000 Maintenance of structure 438, , ,110 Maintenance of equipment 386, , ,881 Contractual services 261, , ,213 Sundry expense 286, , ,614 Insurance & benefits 3,605,234 3,776,653 4,039,579 Professional services 1,697,372 1,603,680 1,640,270 Capital expenditures 142,415 73,991 68,335 Total Expenditures $ 21,380,063 $ 21,799,127 $ 21,733,893 ENTITY FUNDING OF DCAD: From municipalities $ 5,534,005 $ 5,568,955 $ 5,431,307 From school districts 8,472,704 8,750,463 8,877,955 From Dallas County and other county-wide jusidictions 6,752,451 6,895,175 6,879,572 From special districts 250, , ,059 Total $ 21,010,063 $ 21,479,127 $ 21,463,893 The audited financial statement of the Dallas Central Appraisal District for the fiscal year 2010/2011 reflects a year-end cash balance of $2,775,304. This balance is distributed as follows: For unfunded liability in pension plan $ 300,000 For working capital 500,000 For Paid Time Off payments 815,000 For Refund to member jurisdictions 627,453 For Capital Improvement Plan 532,851 Total $ 2,775,304 5

11 Statistics The DCAD Website is one of the premier sources of appraisal information for Texas property tax in addition to having data for individual parcels. The statistics to the right are for the most recent 9 months. Our Website received hits from all over the globe - China, Russia, United Kingdom, to name a few. AY 2011 Total Hits 168,217,410 Total Page Views 59,023,773 Total Visitors 3,831,828 The numbers to the right are the transactions on our online property owner Web-based applications and mobile Website. Dallas CAD has made a considerable investment in personnel time and financial resources to increase its presence in Webbased processing. DCAD is also using Web-based videos to explain the processes and procedures encountered by the property owners in an effort to be more transparent and open. Mobile Website Total Hits 3,697,103 Appraisal Notice Lookups 130,544 Ufile Protests - Property Owners / Tax Consultants 45,518 BPP Renditions 15,045 Online Homestead Applications 6,071 Introduction Video 3,010 Protest Process Video 3,558 CAD Comparative Results The top 10 CADs account for 54.6% of the total market value in Texas. The top 5 CADs account for 41.9%. The combined Harris and Fort Bend CADs make up 18.4 percent of the State total. The DFW area CADs make up 22.1 percent. Austin area CADs are 7.3 percent Market Value: Market Value In Billions % of Total Harris CAD $ % Dallas CAD % Tarrant CAD % Travis CAD % Bexar CAD % Collin CAD % Denton CAD % Fort Bend CAD % Williamson CAD % El Paso CAD % STATE TOTALS $ 2,291.0 A useful statistic is comparing the CAD budget to the total taxes levied by the taxing entities. It reflects how much it costs to generate a dollar of property tax revenue which, in turn, indicates appraisal and operating efficiencies. Dallas CAD has the lowest cost per tax levy dollar BUDGET / LEVY COMPARISON: 2011 Tax Levy 2012 Budget % of Levy Harris CAD $ 7,590,883,983 $ 63,129, % Dallas CAD 4,339,703,759 21,516, % Tarrant CAD 3,211,441,932 19,929, % Travis CAD 2,447,158,677 12,914, % Bexar CAD 2,459,866,659 13,866, % El Paso CAD 880,208,278 12,344, % 6

12 Comptroller PTAD Studies Beginning in 2010, PTAD will alternate between a Property Value Study (PVS) and a Methods and Assistance Program (MAP) review for each CAD. Dallas CAD had its PVS in 2010 and its MAP in The chart to the right highlights the year for the MAP for the top 10 CADs. The PVS has 2 purposes - to assess the median level of appraisal for each CAD and to determine the taxable value of property for each ISD for school funding purposes. Dallas CAD consistently ranks in the top for the first and always gets local value in the second. ACCURACY OF APPRAISALS (2010 Property Value Study): Median Level of Appraisal Coefficient of Dispersion Harris CAD Dallas CAD Tarrant CAD Travis CAD Bexar CAD Collin CAD Denton CAD Fort Bend CAD Williamson CAD El Paso CAD The Methods and Assistance Program (MAP) has 5 pass / fail questions. All of the top 10 CADs passed these questions. MAP also looks at 4 areas of importance which are shown in the chart. Dallas CAD missed 1 optional question in Governance but achieved maximum scores in the other 3 areas. Since 2010 / 2011 MAP was the initial study for all CADs, the emphasis was on documenting what and how the major functions were accomplished. Were there written policies and procedures in place? Were statutory requirements properly documented? The 2012 / 2013 MAP will continue to focus upon proper documentation but will also verify that the "walk matches the talk." Are we properly following the written policies and procedures? Are we training our personnel to be effective and efficient in the administration of the appraisal and customer service functions? 2010 and 2011 Methods & Assistance Program (MAP): CAD MAP Study Year Governance Score Taxpayer Assistance Harris CAD Dallas CAD Tarrant CAD Travis CAD Bexar CAD Collin CAD Denton CAD Fort Bend CAD Williamson CAD El Paso CAD Average Operating Appraisal Stds, CAD Study Year Procedures Methodology Harris CAD Dallas CAD Tarrant CAD Travis CAD Bexar CAD Collin CAD Denton CAD Fort Bend CAD Williamson CAD El Paso CAD Average

13 TEXAS COMPTROLLER OF PUBLIC ACCOUNTS METHODS AND ASSISTANCE PROGRAM 2011 REPORT DALLAS CENTRAL APPRAISAL DISTRICT MANDATORY 1. Does the appraisal district have up-to-date appraisal maps from which property may be located pursuant to Comptroller Rule ? PASS/FAIL PASS 2. Do property inspections match appraisal district records? PASS 3. Does the appraisal district have written procedures for appraisal? PASS 4. Are values reproducible using the written procedures and appraisal records? 5. Were all appraisal district documents requested by PTAD made available to the reviewer by the required date? PASS PASS APPRAISAL DISTRICT ACTIVITIES Governance Taxpayer Assistance Operating Procedures Appraisal Standards, Procedures and Methodology RATING EXCEEDS EXCEEDS EXCEEDS EXCEEDS METHODS AND ASSISTANCE PROGRAM The Methods and Assistance Program (MAP) review is conducted in accordance with Tax Code Section 5.10 (a), effective January 1, 2010, and related State Comptroller rule The Property Tax Assistance Division (PTAD) performed the reviews for 128 appraisal districts in 2010 and 125 appraisal districts in As part of the MAP review process, the appraisal district is required to submit, in advance of the review, electronic copies of procedures, policies, notices, manuals and related materials necessary for the completion of this review. Comptroller reviewers also collect related information at the time of the on-site review, compare appraisal district records to existing property and locate property using district maps. Each appraisal district is reviewed every other year. The review conducted by the Comptroller s Office reviews the appraisal districts: governance; taxpayer assistance; operating procedures; and appraisal standards, procedures and methodology. Appraisal District Ratings: Exceeds total point score exceeds 100. Meets - total point score ranges from 90 to 100. Needs Improvement total point score ranges from 75 to less than 90. Unsatisfactory - - total point score is less than 75. The Dallas Central Appraisal District scored a perfect rating on the MAP review for

14 DALLAS CENTRAL APPRAISAL DISTRICT (DCAD) - COMBINED CERTIFIED AND DISPUTED EVR'S DATED JULY 20, 2011 FOR TAX YEAR 2011 FOR ALL ENTITIES Dallas County DC 73,007 $74,603,765,960 $55,586,827,679 82,217 $29,434,810,560 $24,570,236, ,197 $99,659,105,500 $76,111,185, ,421 $203,697,682,020 $156,268,248,986 Dallas Co Community College DO 73,007 74,603,765,960 55,869,579,049 82,217 29,434,810,560 29,122,972, ,197 99,659,105,500 77,796,510, , ,697,682, ,789,062,031 Parkland Hospital PH 73,007 74,603,765,960 55,685,008,973 82,217 29,434,810,560 24,638,953, ,197 99,659,105,500 76,111,702, , ,697,682, ,435,665,588 GRAND TOTAL OF CITIES 73,135 $74,907,308,790 $54,994,945,557 96,595 $39,136,665,150 $26,158,833, ,197 $99,659,105,500 $81,034,818, ,927 $213,703,079,440 $162,188,597,927 ENTITY COMMERCIAL BUSINESS PERSONAL PROPERTY RESIDENTIAL GRAND TOTAL and Entity Code Parcels Market Value Taxable Value Parcels Market Value Taxable Value Parcels Market Value Taxable Value Parcels Market Value Taxable Value COUNTYWIDE ENTITIES CITIES 9 Addison CA 686 $2,255,190,610 $1,964,277,427 2,977 $595,329,920 $589,767,861 2,345 $608,995,820 $482,653,120 6,008 $3,459,516,350 $3,036,698,408 Balch Springs CB ,933, ,405, ,000,460 93,105,514 6, ,681, ,633,694 8, ,615, ,144,676 Carrollton CC 1,763 2,254,092,740 1,902,575,658 3,419 1,665,024,470 1,389,836,013 12,258 1,673,829,580 1,249,905,792 17,440 5,592,946,790 4,542,317,463 Cedar Hill CH 1, ,759, ,816,961 1, ,765, ,965,082 16,120 1,871,458,820 1,799,998,339 18,454 2,984,983,600 2,655,780,382 Cockrell Hill CL ,350,170 26,343, ,393,940 8,392, ,223,520 53,597,088 1,205 93,967,630 88,332,788 Combine OM 68 2,682,090 1,024, ,209,810 1,023, ,141,880 9,866, ,033,780 11,913,793 Coppell CO 830 1,522,278,370 1,156,445,081 1, ,832, ,987,676 11,524 3,135,621,330 2,915,880,186 13,710 5,577,732,380 4,715,312,943 Dallas DA 39,096 40,021,957,470 29,136,415,796 45,590 13,675,250,640 12,149,001, ,592 47,011,212,920 36,189,219, , ,708,421,030 77,474,636,705 DeSoto CS 1, ,433, ,508,112 1, ,419, ,177,536 16,633 1,909,542,320 1,796,791,773 19,159 3,053,395,570 2,803,477,421 Duncanville CV 1, ,863, ,535,961 1, ,724, ,734,476 11,965 1,212,660,380 1,126,533,138 14,310 1,877,248,340 1,687,803,575 Farmers Branch CF 1,238 2,409,668,150 1,927,433,709 2,970 1,103,222, ,715,219 8,163 1,168,520, ,178,461 12,371 4,681,410,680 3,670,327,389 Ferris FE 13 6,100,450 5,834, ,199,010 4,199, ,299,460 10,033,740 Garland CG 4,663 3,587,676,170 2,767,410,561 5,537 1,840,390,550 1,435,065,805 64,325 7,073,712,430 5,978,042,970 74,525 12,501,779,150 10,180,519,336 Glenn Heights CE ,432,580 15,126, ,138,650 13,137,640 3, ,408, ,871,197 3, ,979, ,135,491 Grand Prairie CP 3,494 1,699,154,850 1,100,033,038 2, ,738, ,726,503 35,786 3,128,628,550 2,765,697,853 41,874 5,798,522,370 4,639,457,394 Grapevine GV 29 71,674,890 54,910, ,287,350 50,800, ,962, ,710,684 Highland Park TH ,587, ,604, ,732,470 56,315,500 3,399 5,057,262,630 4,137,027,450 3,839 5,464,582,320 4,406,947,910 Hutchins CU ,060, ,394, ,882, ,510,794 1,299 60,293,540 54,061,883 1, ,236, ,967,362 Irving CI 5,455 9,538,874,920 7,354,558,390 7,549 4,502,423,070 4,418,291,889 42,615 6,155,623,020 4,933,615,509 55,619 20,196,921,010 16,706,465,788 Lancaster CN 1, ,305, ,868, ,312, ,485,139 12, ,854, ,866,743 14,848 1,742,473,430 1,499,220,837 Lewisville LE 10 18,408,620 18,114, ,283,460 3,283, ,734,580 40,032, ,426,660 61,430,475 Mesquite CM 2,606 2,372,942,650 1,832,174,509 3, ,395, ,345,620 38,185 3,589,314,240 3,182,593,799 43,835 6,802,652,620 5,753,113,928 Ovilla OV 22 1,828, , , , ,550,960 22,297, ,795,880 23,107,088 Richardson CR 1,606 2,683,918,120 2,151,243,849 4,315 1,154,424,430 1,149,915,932 21,253 3,346,856,030 3,035,240,553 27,174 7,185,198,580 6,336,400,334 Rowlett CW 1, ,250, ,958, ,860, ,528,985 16,967 2,463,741,680 2,241,295,347 18,884 3,057,852,190 2,700,782,981 Sachse CK ,422,360 53,726, ,114,520 22,422,417 5, ,603, ,565,958 5, ,139, ,715,201 Seagoville CJ ,886, ,280, ,236,930 86,396,922 4, ,178, ,801,729 6, ,301, ,478,852 Sunnyvale TS ,647, ,317, ,347, ,447,031 2, ,806, ,850,371 3,167 1,011,801, ,615,136 University Park CQ 348 1,428,572, ,463, ,909,780 69,822,630 6,908 6,656,939,650 5,191,752,634 8,003 8,155,422,190 5,569,038,524 Wilmer CT ,477, ,304, ,361,070 40,170,924 1,433 55,372,600 51,414,907 1, ,211, ,890,021 Wylie WY 15 4,865,500 2,445, , , ,776,260 5,531, ,486,090 8,821,302 No Town NT 1, ,012, ,246 9,665,191, , ,560, ,497 10,289,763,690 0

15 DALLAS CENTRAL APPRAISAL DISTRICT (DCAD) - COMBINED CERTIFIED AND DISPUTED EVR'S DATED JULY 20, 2011 FOR TAX YEAR 2011 FOR ALL ENTITIES GRAND TOTAL OF ISD'S 73,135 $74,907,308,790 $55,800,683,291 96,595 $39,136,665,150 $24,758,968, ,197 $99,659,105,500 $83,917,415, ,927 $213,703,079,440 $164,477,067,125 Dallas County FCD #1 DD 157 $187,652,450 $155,787, $90,856,020 $59,695, $3,883,560 $3,342, $282,392,030 $218,824,732 Dallas County URD DM 447 1,574,646,440 1,389,370, ,253, ,976,281 1, ,578, ,137,751 3,153 2,345,477,970 2,104,484,032 Denton County LID #1 NL 11 11,650,360 11,452, ,180,360 1,180, ,484,820 15,767, ,315,540 28,400,476 Denton County RUD #1 NR 5 5,777,170 3,238, ,777,580 3,239,050 Combined Denton Co LID & RUD NU 29 43,356,210 36,977, ,963,430 6,937, ,982, ,304, ,301, ,220,622 Grand Prairie Metro URD GU ,655,640 6,086, ,769,130 10,682, ,424,770 16,768,876 Irving FCD, Section I IF ,787, ,981, ,423, ,207, , , ,393, ,371,116 Irving FCD, Section III ID ,936, ,955, ,260,340 33,256,620 4, ,066, ,359,933 4,729 1,581,263,410 1,355,571,864 Lancaster MUD #1 LM , , ,696,720 27,659, ,197,680 28,013,857 Northwest Dallas Co FCD NF ,081,160 85,530, ,113,700 6,095, ,076, ,932,458 1, ,271, ,558,398 Valwood Improvement Authority FF ,555, ,777,739 1, ,550, ,723, ,459 1,673,105,490 1,462,501,526 Railroad Rolling Stock TX ENTITY COMMERCIAL BUSINESS PERSONAL PROPERTY RESIDENTIAL GRAND TOTAL and Entity Code Parcels Market Value Taxable Value Parcels Market Value Taxable Value Parcels Market Value Taxable Value Parcels Market Value Taxable Value SCHOOL DISTRICTS 10 Carrollton-Farmers Branch ISD AS 3,482 $6,262,196,610 $5,284,795,807 5,637 $2,816,979,820 $2,240,386,480 22,844 $3,905,004,790 $3,595,012,502 31,963 $12,984,181,220 $11,120,194,789 Cedar Hill ISD ES 1, ,668, ,029,787 1, ,208, ,349,332 16,786 1,922,185,010 1,730,492,948 19,172 3,012,061,640 2,577,872,067 Coppell ISD OS 1,195 2,820,484,210 2,389,406,546 2,023 1,671,966,900 1,274,190,178 13,836 3,656,643,710 3,471,301,344 17,054 8,149,094,820 7,134,898,068 Dallas ISD DS 39,770 39,263,918,500 29,343,236,943 45,540 13,536,003,090 12,033,686, ,870 41,554,032,600 33,673,860, ,180 94,353,954,190 75,050,783,992 DeSoto ISD SS 1, ,294, ,608, ,247, ,155,095 18,651 1,929,166,770 1,660,624,556 20,672 2,489,708,470 2,099,388,562 Duncanville ISD US 2,201 1,221,468, ,936,513 1, ,057, ,086,811 20,535 2,137,814,360 1,852,644,650 24,444 3,952,340,880 3,215,667,974 Ferris ISD FS 95 10,415,470 8,232, ,426,590 5,426, ,886,470 3,467, ,728,530 17,126,613 Garland ISD GS 6,098 4,151,758,810 3,158,837,214 6,286 2,014,246,460 1,602,830,913 81,968 9,715,788,430 8,649,981,226 94,352 15,881,793,700 13,411,649,353 Grand Prairie ISD PS 3,423 1,800,273,400 1,207,473,933 2,631 1,275,584,090 1,005,275,841 34,399 3,045,077,510 2,627,512,546 40,453 6,120,935,000 4,840,262,320 Grapevine-Colleyville ISD VS ,645,030 6,775, ,229,657, ,984, ,808,302, ,759,660 Highland Park ISD HS 520 2,432,266,140 1,099,211,962 1, ,330, ,285,090 10,718 11,964,751,080 9,769,812,432 13,110 14,598,348,180 11,070,309,484 Irving ISD IS 4,899 4,779,928,960 3,604,424,239 5,477 1,723,943,040 1,712,093,967 35,894 4,131,976,760 3,678,642,724 46,270 10,635,848,760 8,995,160,930 Lancaster ISD LS 1, ,356, ,625, ,795, ,967,809 13, ,327, ,125,418 15,573 1,894,479,760 1,527,718,315 Mesquite ISD MS 3,238 2,509,490,700 1,948,686,851 3, ,010, ,291,808 46,718 4,077,108,150 3,424,108,281 53,309 7,451,609,300 6,160,086,940 Richardson ISD RS 3,381 6,560,516,830 5,389,854,363 9,122 2,602,199,560 2,331,817,224 56,612 10,121,536,090 8,454,872,372 69,115 19,284,252,480 16,176,543,959 Sunnyvale ISD YS ,079, ,547, ,604, ,140,377 2, ,806, ,956,081 3,180 1,060,489, ,644,099 No School NS ,546, ,632 9,702,404, ,732 10,005,950,520 0 SPECIAL DISTRICTS Grand Total of Special Districts 1,513 $3,631,600,190 $3,146,512,000 2,907 $1,509,370,530 $1,258,755,749 8,173 $1,828,950,880 $1,639,686,800 12,593 $6,969,921,600 $6,044,954,549

16 DALLAS CAD - ANALYSIS OF NEW CONSTRUCTION AND REAPPRAISAL BY ENTITY - TAX YEAR 2011 COMBINED CERTIFIED & DISPUTED EVR's, DATED 7/20/2011, COMPARED TO SUPPLEMENTAL EVR, DATED 7/08/ GRAND TOTAL Dallas County DC $204,358,293,187 $203,697,682,020 ($660,611,167) $1,355,919,042 ($2,016,530,209) -0.32% 0.66% -0.99% Dallas Co Community College DO 204,358,293, ,697,682,020 (660,611,167) 1,355,919,042 (2,016,530,209) -0.32% 0.66% -0.99% Parkland Hospital PH 204,358,293, ,697,682,020 (660,611,167) 1,355,919,042 (2,016,530,209) -0.32% 0.66% -0.99% ENTITY Tax Year 2010 Tax Year 2011 PERCENTAGE CHANGE and Entity Code Market Value Market Value Total Change New Construction Reappraisal Total New Constr Reappraisal COUNTYWIDE ENTITIES CITIES 11 Addison CA $3,403,561,630 $3,459,516,350 $55,954,720 $95,263,342 ($39,308,622) 1.64% 2.80% -1.15% Balch Springs CB 729,510, ,615,200 (5,895,320) 9,225,030 (15,120,350) -0.81% 1.26% -2.07% Carrollton CC 5,516,429,670 5,592,946,790 76,517,120 8,264,102 68,253, % 0.15% 1.24% Cedar Hill CH 3,017,490,040 2,984,983,600 (32,506,440) 16,492,355 (48,998,795) -1.08% 0.55% -1.62% Cockrell Hill CL 92,121,860 93,967,630 1,845,770 3,131,460 (1,285,690) 2.00% 3.40% -1.40% Combine OM 15,290,080 15,033,780 (256,300) 294,260 (550,560) -1.68% 1.92% -3.60% Coppell CO 5,538,676,430 5,577,732,380 39,055,950 50,033,870 (10,977,920) 0.71% 0.90% -0.20% Dallas DA 101,544,761, ,708,421,030 (836,340,774) 712,199,237 (1,548,540,011) -0.82% 0.70% -1.52% DeSoto CS 3,047,252,020 3,053,395,570 6,143,550 25,952,612 (19,809,062) 0.20% 0.85% -0.65% Duncanville CV 1,913,018,990 1,877,248,340 (35,770,650) 6,419,884 (42,190,534) -1.87% 0.34% -2.21% Farmers Branch CF 4,927,999,720 4,681,410,680 (246,589,040) 3,778,635 (250,367,675) -5.00% 0.08% -5.08% Ferris FE 9,951,430 10,299, , , % 0.00% 3.50% Garland CG 12,533,106,490 12,501,779,150 (31,327,340) 49,805,120 (81,132,460) -0.25% 0.40% -0.65% Glenn Heights CE 300,566, ,979,860 1,413,240 4,545,680 (3,132,440) 0.47% 1.51% -1.04% Grand Prairie CP 5,834,525,261 5,798,522,370 (36,002,891) 22,329,020 (58,331,911) -0.62% 0.38% -1.00% Grapevine GV 153,538, ,962,240 23,423, ,423, % 0.00% 15.26% Highland Park TH 5,507,931,420 5,464,582,320 (43,349,100) 55,858,070 (99,207,170) -0.79% 1.01% -1.80% Hutchins CU 413,224, ,236,050 21,011,200 1,758,910 19,252, % 0.43% 4.66% Irving CI 19,641,204,212 20,196,921, ,716, ,471, ,245, % 0.66% 2.17% Lancaster CN 1,743,474,970 1,742,473,430 (1,001,540) 7,641,361 (8,642,901) -0.06% 0.44% -0.50% Lewisville LE 61,048,910 62,426,660 1,377,750 40,460 1,337, % 0.07% 2.19% Mesquite CM 6,822,893,630 6,802,652,620 (20,241,010) 34,504,262 (54,745,272) -0.30% 0.51% -0.80% Ovilla OV 27,831,280 26,795,880 (1,035,400) 50,000 (1,085,400) -3.72% 0.18% -3.90% Richardson CR 7,156,928,830 7,185,198,580 28,269,750 28,195,157 74, % 0.39% 0.00% Rowlett CW 3,088,398,600 3,057,852,190 (30,546,410) 9,345,792 (39,892,202) -0.99% 0.30% -1.29% Sachse CK 880,847, ,139,920 (4,707,240) 7,347,274 (12,054,514) -0.53% 0.83% -1.37% Seagoville CJ 565,019, ,301,570 (6,717,550) 2,957,630 (9,675,180) -1.19% 0.52% -1.71% Sunnyvale TS 995,201,460 1,011,801,370 16,599,910 16,807,080 (207,170) 1.67% 1.69% -0.02% University Park CQ 8,331,491,530 8,155,422,190 (176,069,340) 45,708,824 (221,778,164) -2.11% 0.55% -2.66% Wilmer CT 254,399, ,211,440 14,811,510 4,716,200 10,095, % 1.85% 3.97% Wylie WY 10,164,440 11,486,090 1,321,650 1,035, , % 10.19% 2.82%

17 DALLAS CAD - ANALYSIS OF NEW CONSTRUCTION AND REAPPRAISAL BY ENTITY - TAX YEAR 2011 COMBINED CERTIFIED & DISPUTED EVR's, DATED 7/20/2011, COMPARED TO SUPPLEMENTAL EVR, DATED 7/08/ GRAND TOTAL ENTITY Tax Year 2010 Tax Year 2011 PERCENTAGE CHANGE and Entity Code Market Value Market Value Total Change New Construction Reappraisal Total New Constr Reappraisal SCHOOL DISTRICTS 12 Carrollton-Farmers Branch ISD AS $13,253,772,070 $12,984,181,220 ($269,590,850) $94,817,752 ($364,408,602) -2.03% 0.72% -2.75% Cedar Hill ISD ES 3,040,497,230 3,012,061,640 (28,435,590) 17,107,025 (45,542,615) -0.94% 0.56% -1.50% Coppell ISD OS 8,183,643,150 8,149,094,820 (34,548,330) 60,233,972 (94,782,302) -0.42% 0.74% -1.16% Dallas ISD DS 94,963,910,164 94,353,954,190 (609,955,974) 670,844,097 (1,280,800,071) -0.64% 0.71% -1.35% DeSoto ISD SS 2,486,408,890 2,489,708,470 3,299,580 26,711,682 (23,412,102) 0.13% 1.07% -0.94% Duncanville ISD US 3,940,148,380 3,952,340,880 12,192,500 34,884,767 (22,692,267) 0.31% 0.89% -0.58% Ferris ISD FS 19,723,550 19,728,530 4, ,560 (106,580) 0.03% 0.57% -0.54% Garland ISD GS 15,950,436,630 15,881,793,700 (68,642,930) 66,596,006 (135,238,936) -0.43% 0.42% -0.85% Grand Prairie ISD PS 6,190,141,121 6,120,935,000 (69,206,121) 25,384,190 (94,590,311) -1.12% 0.41% -1.53% Grapevine-Colleyville ISD VS 1,085,935,420 1,808,302, ,366, ,366, % 0.00% 66.52% Highland Park ISD HS 14,822,446,650 14,598,348,180 (224,098,470) 104,456,794 (328,555,264) -1.51% 0.70% -2.22% Irving ISD IS 10,598,491,782 10,635,848,760 37,356,978 52,561,053 (15,204,075) 0.35% 0.50% -0.14% Lancaster ISD LS 1,883,964,730 1,894,479,760 10,515,030 8,173,801 2,341, % 0.43% 0.12% Mesquite ISD MS 7,494,058,530 7,451,609,300 (42,449,230) 43,939,772 (86,389,002) -0.57% 0.59% -1.15% Richardson ISD RS 19,400,859,410 19,284,252,480 (116,606,930) 133,289,491 (249,896,421) -0.60% 0.69% -1.29% Sunnyvale ISD YS 1,043,941,680 1,060,489,930 16,548,250 16,807,080 (258,830) 1.59% 1.61% -0.02% SPECIAL DISTRICTS Dallas County FCD #1 DD $312,432,340 $282,392,030 ($30,040,310) $360,030 ($30,400,340) -9.61% 0.12% -9.73% Dallas County URD DM 2,215,327,810 2,345,477, ,150,160 57,472,830 72,677, % 2.59% 3.28% Denton County LID #1 NL 32,539,350 32,315,540 (223,810) 2,201,900 (2,425,710) -0.69% 6.77% -7.45% Denton County RUD #1 NR 6,317,260 5,777,580 (539,680) 0 (539,680) -8.54% 0.00% -8.54% Combined Denton LID & RUD NU 176,544, ,301,740 (1,242,370) 481,730 (1,724,100) -0.70% 0.27% -0.98% Grand Prairie Metro URD GU 116,839, ,424,770 (1,414,760) 0 (1,414,760) -1.21% 0.00% -1.21% Irving FCD, Section I IF 328,887, ,393,790 (10,493,760) 0 (10,493,760) -3.19% 0.00% -3.19% Irving FCD, Section III ID 1,591,529,360 1,581,263,410 (10,265,950) 4,281,382 (14,547,332) -0.65% 0.27% -0.91% Lancaster MUD #1 LM 28,417,050 28,197,680 (219,370) 371,310 (590,680) -0.77% 1.31% -2.08% Northwest Dallas Co FCD NF 417,212, ,271,600 (4,940,670) 206,970 (5,147,640) -1.18% 0.05% -1.23% Valwood Improvement Authority FF 1,834,374,150 1,673,105,490 (161,268,660) 134,040 (161,402,700) -8.79% 0.01% -8.80% Railroad Rolling Stock TX

18 For more information, visit our Website: For additional copies write: Rick Kuehler, Director of Administration Dallas Central Appraisal District 2949 N Stemmons Fwy Dallas, TX Dallas Central Appraisal District Annual Report 2011 Appraisal Year Revised April 2012

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