To: School Board of Trustees Laredo Independent School District 1702 Houston Street Laredo, Texas 78040 From: Rodolfo Sanchez, RTA, CSTA Director of Tax Collections Date: July 6, 2004 Re.: June, 2004, Collection Report The Tax Office has collected through June, 2004, 106.75% of the budgeted 03-04 Interest and Sinking Fund and 103.20% of the budgeted 03-04 Maintenance and Operating Fund. Overall, the collection rate for all budgeted funds is 103.61%. The current year to date property tax collections (October, 2003 to June, 2004) ending on June 30, 2004, are $20,231,094.61 or 92.36%. The year to date increase is $ 1,383,173.83over the same period last year. The collection rate increased from 87.98% last month to 92.36% this month. 2003 2002 LISD COLLECTIONS LISD COLLECTIONS OPENING LEVY $21,344,509.74 $ 20,378,959.21 Oct. /May Supplements + 144,426.69 + 53,948.41 Oct. /May Adjustments + 401,669.91 - 90,740.89 May Ending Levy (adj.) = $ 21,890,606.34 $ 20,342,166.73 June Supplements + 9,734.88 + 5,850.66 June Adjustments + _4,133.56 - __7,326.74 June Ending Levy (adj.) $ 21,904,474.78 $ 20,340,690.65 June Current Year Collections: $ 970,887.81 $ 1,142,537.00 YTD Current Year Collections: $ 20,231,094.61 $ 18,847,920.78 Current Year Collection Rate: 92.36% 92.66% C:rudy/word/newtax/2003isdrmptJune04

Month of June, 2004 Data Analysis Sheet for the Tax Office

WHAT? After reviewing the data, what patterns do you see?

Two Thirds (66%) of the 2003 tax collection season ended on June 30, 2004. Year to date dollar collections are $20,231,094.61 compared to $18,847,920.78 for the same period of the 2002 tax year. The dollar amount has shown a very strong and healthy increase over last year. The percentage is always tough, because every year the beginning levy increases due either to increase valuations or tax rate or both. Through June, 2004 the year to date collection rate is 92.36% which is .3% less than last year. The Tax Office has implemented numerous new collection strategies this year. These strategies have made a difference on the levy amount collected thus far this year. The Tax Office has collected 103.61% of the budgeted funds. More taxpayers in the “split pmt” option failed to make their final (2nd) payment due. This year there are 123 taxpayer accounts with a combined total of $210,465 that did not make the final payment. The largest taxpayer account failing to make timely payment was Southwestern Bell with $155,319 balance due. Last year, there were 78 taxpayers with a combined total of $38,195 on the “split pmt” accounts that did not make the final payment. Some of these payments may still come in after the June 30, 2004 cut-off date. These other payment will be considered timely, if the US Postmark is June 30, 2004 or earlier. The balance of the year will require extensive filing of lawsuits in order to bring those taxpayers who as of today have not paid their taxes. Lots and lots of lawsuits will be needed. Aggressive filing of lawsuits is a necessity, year round, but more so during the summer months. Without evidence of this element, the end results may be disappointing.

From the data, what are the areas of strengths?

Strong efforts continue to bring excellent results. Among the strategies employed are the true, and tried methods:

• Direct phone calls • Post-card mail out at the start of the month • Newspaper Ads towards the end of the month. • New software that identifies all taxpayers that have recently moved addresses.

Another area, that is closely monitored, are the numerous changes to the tax roll received from the Webb County Appraisal District. Listed below are some highlights for the month of June,2004. payment arrangements. Other areas that are closely monitored are the changes received from the Webb County Appraisal District. Listed below is a summary of the changes to the levy and the accounts that contributed most to that change.

Summary of Appraisal Review Board Approved Value Changes Value Change Converted to a Levy Change

Month/Year Tax Roll as of Start of Month

Supplements to the Roll

Adjustments to the Roll

Net Change this Period

Tax Roll as of End of Month

1-June-04 21,890,606.34 9,734.88 4,133.56 13,868.44 21,904,474.78 List of Taxpayer Accounts that had a Major Impact on the District's Tax Levy

Month Account No. Levy Change

June 04 441-00853-520 Salazar Julio 2,082.46 660-01810-060 Brulloths Araceli 1,492.95 800-04024-102 Diana Fashion 2,166.91

800-19024-120 Sunnys Perfume 3,227.98

Strategies employed this month included: The Tax Office starting referring delinquent taxpayers to KMP for partial payment contracts.

This strategy will in the near future begin to pay for itself in continued monthly partial payments. The idea is to enable these taxpayers to make small but steady monthly payments.

From the data, what are the areas that need improvement or attention?

Lawsuits need to be filed, continuously, religiously, and timely! This area of tax collections needs to be strengthened

WHY? What are the possible casual factors for areas in need of improvement or attention?

In those months that lawsuits are filed, the tax collections do demonstrate a very healthy growth. There is a strong and direct correlation between collections and the number of lawsuits filed. The greater the number of lawsuits filed the greater the tax collection activities.

HOW? How do you explain the casual factors?

Identification of delinquent accounts is relatively easy and inexpensive. The Tax Office continues to provide this information to the attorneys . Preparation, title and ownership research is expensive and time consuming. That’s why an aggressive timeline with definite goals is needed.

IN CONCLUSION? What do you conclude from your analysis? Continued growth in an upward direction needs an infusion of lawsuits. WHAT’S NEXT? Identify improvement strategies for areas of need?

The Tax Office Director and John Kazen will continue to work together to establish strategies to clean up the delinquent roll. Included in our discussion will be old lawsuits and tax warrants.

LAREDO INDEPENDENT SCHOOL DISTRICT TAX OFFICE COLLECTION AND DISTRIBUTION FOR MONTHLY; JUNE, 2004 FY 2004

COLLECTIONS DISTRIBUTIONS: MAINTENANCE FUNDCurrent Year $ 1,038,456.90 * 5711.00 Current Year Taxes $ 854,717.90Delinquent Years $ 99,403.54 5716.00 P & I Current Year $ 59,484.26

Sub-Total: All Years $ 1,137,860.44 * 5712.00 Delinquent Levy $ 67,013.70Returned Ck Fees $ 250.00 5749.12 Returned Ck Fees $ 250.00Refunds $ 3,089.23 5717.02 Tax Certificates $ 90.00Tax Certificates $ 90.00 5718.00 P&I Delinquent $ 21,007.64

Attorney Fees $ 21,119.47 $ 0.00Escrow/Deferred Taxes $ 5,177.41 2111.02 Refunds $ 3,089.23

Sub-Total: All Other $ 29,726.11 2111.10 Attorney Fees $ 21,119.47Total Collections $ 1,167,586.55 2311.02 Escrow/Deferred Taxes $ 5,177.41

Total Maintenance Fund $ 1,031,949.61

2

MAINTENANCE FUND DISTRIBUTIONS: SINKING FUND

*1221.00 Taxes Receivable $ 921,731.60 **5711.00 Current Year Taxes $ 116,169.91ARB ADJUSTMENTS $ (36,779.51) 5716.00 P & I Current Year $ 8,084.832311.00 Deferred Revenue $ 884,952.09 **5712.00 Delinquent Taxes $ 7,934.64SINKING FUND 5718.00 P&I Delinquent $ 3,447.56

**1221.00 Taxes Receivable $ 124,104.55 $ 0.00ARB ADJUSTMENTS $ (3,598.07) Total Sinking Fund $ 135,636.942311.00 Deferred Revenue $ 120,506.48 Total Distribution $ 1,167,586.55

*****Combined P&I discussed & approved by Rosa Maria Torres, Finance Dept. on 06-17-04

I, Rodolfo Sanchez, Director of Tax Collections and Special Projects for Laredo Independent School District, do solemswear that the above statement of collections made by me, and distributed thereof for MONTHLY; JUNE, 2004, A.D.is true and correct.

_________________________________________Rodolfo SanchezDirector of Tax Collections and Special Projects

LAREDO INDEPENDENT SCHOOL DISTRICT TAX OFFICE COLLECTION AND DISTRIBUTION FOR Y-T-D; OCT '03 TO JUNE '04 FY 2004

COLLECTIONS DISTRIBUTIONS: MAINTENANCE FUNDCurrent Year $ 20,507,970.68 * 5711.00 Current Year Taxes $ 17,810,386.09Delinquent Years $ 1,018,929.59 5716.00 P & I Current Year $ 243,746.77

Sub-Total: All Years $ 21,526,900.27 * 5712.00 Delinquent Levy $ 675,180.26Returned Ck Fees $ 1,415.63 5749.12 Returned Ck Fees $ 1,415.63Refunds $ 33,163.11 5717.02 Tax Certificates $ 2,140.00Tax Certificates $ 2,140.00 5718.00 P&I Delinquent $ 221,298.86

Attorney Fees $ 171,785.01 $ 0.00Escrow/Deferred Taxes $ 29,458.12 2111.02 Refunds $ 33,163.11

Sub-Total: All Other $ 237,961.87 2111.10 Attorney Fees $ 171,785.01Total Collections $ 21,764,862.14 2311.02 Escrow/Deferred Taxes $ 29,458.12

Total Maintenance Fund $ 19,188,573.85

3

MAINTENANCE FUND DISTRIBUTIONS: SINKING FUND

*1221.00 Taxes Receivable $ 18,485,566.35 **5711.00 Current Year Taxes $ 2,420,708.52ARB ADJUSTMENTS $ (735,779.86) 5716.00 P & I Current Year $ 33,129.302311.00 Deferred Revenue $ 17,749,786.49 **5712.00 Delinquent Taxes $ 85,834.79SINKING FUND 5718.00 P&I Delinquent $ 36,615.68

**1221.00 Taxes Receivable $ 2,506,543.31 $ 0.00ARB ADJUSTMENTS $ (86,765.35) Total Sinking Fund $ 2,576,288.292311.00 Deferred Revenue $ 2,419,777.96 Total Distribution $ 21,764,862.14

*****Combined P&I discussed & approved by Rosa Maria Torres, Finance Dept. on 06-17-04

I, Rodolfo Sanchez, Director of Tax Collections and Special Projects for Laredo Independent School District, do solemswear that the above statement of collections made by me, and distributed thereof for YEAR-TO-DATE; OCT '03 toJUNE '04, A.D., is true and correct.

_________________________________________Rodolfo SanchezDirector of Tax Collections and Special Projects

Budgeted Tax Revenues vs. Actual Tax Revenues

Year to Date Totals: September 1, 2003 to June 30, 2004 30-Jun-04

Fund # 199: Maintenance and Operations

$$ Collections Balance % CollectionsBudgeted First Quarter Second Quarter Third Quarter Actual YTD Due YTD

Account # Account Name Amount Ending 11/30/03 Ending 2/28/04 Ending 5/31/04 June, 2004 Total (OVERAGE) Percent

Current Year:

199-00-5711-00-000-4-00-000 Current Year Taxes 17,326,430.00 3,996,289.94 11,265,817.67 1,846,573.95 854,717.90 17,963,399.46 (636,969.46) 103.68%

199-00-5716-00-000-4-00-000 P/I Current Year 358,178.00 30,082.21 56,484.36 127,778.15 59,484.26 273,828.98 84,349.02 76.45%

199-00-5717-02-000-4-00-000 Tax Certificates 7,380.00 1,280.00 680.00 610.00 90.00 2,660.00 4,720.00 36.04%

Sub-total 17,691,988.00 4,027,652.15 11,322,982.03 1,974,962.10 914,292.16 18,239,888.44 (547,900.44) 103.10%

Delinquent Years:

199-00-5712-00-000-4-00-000 Delinquent Levy 643,459.00 206,957.68 244,498.96 188,548.64 67,013.70 707,018.98 (63,559.98) 109.88%

199-00-5718-00-000-4-00-000 P/I Delinquent Years 254,509.00 73,147.16 84,682.01 58,164.67 21,007.64 237,001.48 17,507.52 93.12%

Sub-total 897,968.00 280,104.84 329,180.97 246,713.31 88,021.34 944,020.46 (46,052.46) 105.13%

4

M/O Total 18,589,956.00 4,307,756.99 11,652,163.00 2,221,675.41 1,002,313.50 19,183,908.90 (593,952.90) 103.20%

Fund # 511: Interest and Sinking

Current Year:

511-00-5711-00-000-4-00-000 Current Year Taxes 2,281,948.00 543,157.88 1,531,199.21 250,978.69 116,169.91 2,441,505.69 (159,557.69) 106.99%

511-00-5716-00-000-4-00-000 P/I Current Year 25,000.00 4,088.44 7,677.30 17,367.17 8,084.83 37,217.74 (12,217.74) 148.87%

Sub-total 2,306,948.00 547,246.32 1,538,876.51 268,345.86 124,254.74 2,478,723.43 (171,775.43) 107.45%

Delinquent Years

511-00-5712-00-000-4-00-000 Delinquent Taxes 87,000.00 27,475.96 30,710.05 23,077.31 7,934.64 89,197.96 -2,197.96 102.53%

511-00-5718-00-000-4-00-000 P/I Delinquent Years 48,000.00 11,383.39 13,396.88 10,724.07 3,447.56 38,951.90 9,048.10 81.15%

Sub-total 135,000.00 38,859.35 44,106.93 33,801.38 11,382.20 128,149.86 6,850.14 94.93%

I/S Total 2,441,948.00 586,105.67 1,582,983.44 302,147.24 135,636.94 2,606,873.29 (164,925.29) 106.75%

Grand Total 21,031,904.00 4,893,862.66 13,235,146.44 2,523,822.65 1,137,950.44 21,790,782.19 (758,878.19) 103.61%

Source: L.I.S.D. Tax Office c:rudy\excell\newtax\2003\isdrpt\mois06/04

Local Current Year Property Tax RevenuesHistorical Data: October 1, 2003 through June 30, 2004

Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly TotalTax Original Collections Collections Collections Collections Collections Collections Collections Collections Collections Collections Collections Collections Oct./Sept. Coll.Year Levy October November December January February March April May June July August September Collections Rate

2003 21,344,509.74 1,499,929.66 2,865,707.62 4,300,606.17 7,390,886.60 1,105,524.11 1,038,981.72 653,593.04 404,977.88 970,887.81 20,231,094.61 92.36

2002 20,378,959.21 1,926,978.67 2,420,665.72 4,188,113.88 6,612,161.74 1,103,922.62 616,917.68 404,303.24 432,320.23 1,142,537.00 245,224.15 250,146.97 173,810.54 19,517,102.44 96.00

2001 18,828,677.45 1,753,571.73 2,122,554.87 3,996,121.65 6,024,842.96 907,262.17 522,995.07 415,702.42 415,244.52 1,209,821.72 272,360.13 224,017.26 132,948.35 17,997,442.85 96.00

2000 17,854,903.73 160,953.94 1,993,779.32 3,982,289.16 5,208,121.87 2,829,291.53 625,132.86 293,276.09 333,194.87 1,046,965.14 231,995.19 177,907.03 102,236.12 16,985,143.12 95.21

1999 16,697,681.18 1,357,933.61 1,786,304.65 4,347,230.67 2,653,591.62 3,017,002.65 644,315.69 251,824.44 247,726.27 822,135.71 234,413.59 157,850.54 156,677.24 15,677,006.68 94.71

1998 15,224,087.66 1,355,589.31 1,412,112.00 2,678,216.54 5,814,917.36 646,268.08 510,026.86 266,572.83 246,362.56 852,696.22 193,458.32 222,402.85 113,424.66 14,312,047.59 94.51

1997 14,295,065.66 1,710,492.11 1,169,773.28 2,381,143.80 5,392,938.24 696,385.46 545,375.87 325,671.74 244,505.69 492,399.18 259,652.65 183,590.40 157,147.28 13,559,075.70 95.72

Total 82,900,415.68 6,338,540.70 8,484,524.12 17,385,001.82 25,094,412.05 8,096,209.89 2,847,846.35 1,553,047.52 1,487,033.91 4,424,017.97 1,191,879.88 965,768.08 662,433.65 98,047,818.38

6

5

Source: L.I.S.D. Tax Office c:Excell\ newtax\ 2003\ del_June,04\ historical data

June 30, 2004

Local Property Tax Revenues June, Revenue Collection Trend

970,887.81

1,142,537.00

1,209,821.72

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

June 2004 June 2003 June 2002

Local Property Tax Levies Historical Trend in Levy Assesments

18,828,677

20,378,959

21,344,510

17,500,000

18,000,000

18,500,000

19,000,000

19,500,000

20,000,000

20,500,000

21,000,000

21,500,000

22,000,000

Levy2003

Levy2002

Levy2001

Maximum Potential Levy Based on Each Year's Taxable Value

Local Property Tax Collection Percent June Collection Rate

92.4192.36

92.66

92.00

92.50

93.00

June2004

June2003

June2002

`Property Tax Levies and Collections Table Laredo Independent School District September 1, 2003 to June 30, 2004 30-Jun-04

FYI FYIProperty Tax YTD Adjusted YTD Percent of Outstanding Percent of Penalty Total

Tax Levy A.R.B. Net Property Tax Property Tax Property Tax Property Tax Outstanding & Interest 2003 LEVY

Year As of 8-31-03 Adjustments Levy Collections Collections Levy Property Tax Levy Collected WRITE-OFF

LISD

1966 176.40 0.00 176.40 29.10 16.50% 147.30 83.50% 88.03 0.00

1967 208.23 0.00 208.23 31.24 15.00% 176.99 85.00% 92.63 0.00

1968 224.37 0.00 224.37 31.24 13.92% 193.13 86.08% 90.75 0.00

1969 308.13 0.00 308.13 38.28 12.42% 269.85 87.58% 108.91 0.00

1970 382.39 0.00 382.39 43.30 11.32% 339.09 88.68% 120.59 0.00

1971 472.02 0.00 472.02 46.73 9.90% 425.29 90.10% 127.34 0.00

1972 514.23 0.00 514.23 46.73 9.09% 467.50 90.91% 124.54 0.00

1973 590.22 0.00 590.22 46.73 7.92% 543.49 92.08% 121.73 0.00

1974 771.03 0.00 771.03 58.43 7.58% 712.60 92.42% 148.70 0.00

1975 744.42 0.00 744.42 46.73 6.28% 697.69 93.72% 116.12 0.00

1976 1,099.53 0.00 1,099.53 67.44 6.13% 1,032.09 93.87% 163.54 0.00

1977 1,200.89 0.00 1,200.89 67.44 5.62% 1,133.45 94.38% 159.50 0.00

1978 1,346.26 0.00 1,346.26 67.44 5.01% 1,278.82 94.99% 155.45 0.00

1979 1,569.65 0.00 1,569.65 67.45 4.30% 1,502.20 95.70% 151.43 0.00

1980 2,146.01 0.00 2,146.01 0.00 0.00% 2,146.01 100.00% 0.00 0.00

1981 6,081.87 (225.30) 5,856.57 144.73 2.47% 5,711.84 97.53% 343.92 0.00

1982 6,213.50 (219.65) 5,993.85 194.75 3.25% 5,799.10 96.75% 481.51 0.00

1983 20,472.18 (6.64) 20,557.19 1,221.22 5.94% 19,335.97 94.06% 3,041.19 0.00

1984 27,317.60 (11.80) 27,341.64 1,427.45 5.22% 25,914.19 94.78% 3,386.53 0.00

1985 37,688.49 (13.98) 37,691.22 1,843.85 4.89% 35,847.37 95.11% 4,166.66 0.00

1986 33,584.34 (13.98) 33,599.55 1,507.21 4.49% 32,092.34 95.51% 3,215.25 0.00

1987 37,424.35 (15.28) 37,438.26 1,799.30 4.81% 35,638.96 95.19% 3,633.94 0.00

1988 47,425.89 (19.21) 47,497.57 2,113.32 4.45% 45,384.25 95.55% 3,923.30 0.00

1989 51,495.81 (21.23) 51,510.81 2,517.43 4.89% 48,993.38 95.11% 4,405.99 0.00

1990 61,603.62 (48.45) 61,610.22 4,826.44 7.83% 56,783.78 92.17% 6,435.39 0.00

1991-01 9,202.61 (7.52) 9,214.21 979.50 10.63% 8,234.71 89.37% 1,151.90 0.00

1992-01 17,060.75 (7.52) 17,091.03 1,031.93 6.04% 16,059.10 93.96% 1,018.06 0.00

1993 175,187.27 (58.53) 175,419.59 7,972.69 4.54% 167,446.90 95.46% 9,389.49 0.00

1994 161,672.11 (58.53) 161,886.30 6,827.08 4.22% 155,059.22 95.78% 8,085.20 0.00

1995 211,305.45 (61.99) 211,480.03 26,973.92 12.75% 184,506.11 87.25% 14,600.37 0.00

1996 205,305.35 (71.08) 205,301.43 29,160.00 14.20% 176,141.43 85.80% 15,573.58 0.00

1997 141,677.46 (333.45) 141,845.08 11,911.05 8.40% 129,934.03 91.60% 7,915.02 0.00

1998 166,138.70 7,185.57 173,616.76 23,854.72 13.74% 149,762.04 86.26% 12,448.83 0.00

1999 186,802.92 45,279.05 231,476.67 53,773.65 23.23% 177,703.02 76.77% 17,714.09 0.00

2000 278,666.08 51,611.26 331,149.96 82,194.55 24.82% 248,955.41 75.18% 26,533.66 0.002001 418,249.78 69,522.74 490,084.44 169,302.24 34.55% 320,782.20 65.45% 47,253.95 0.00

2002 967,212.92 77,479.65 1,077,986.28 537,762.17 49.89% 540,224.11 50.11% 113,636.94 0.00

S-Total: LISD 3,279,542.83 249,884.13 3,567,402.44 970,027.48 27.19% 2,597,374.96 72.81% 310,124.03 0.00

WCED

1992-11 84,180.10 (44.37) 84,209.50 3,635.67 4.32% 80,573.83 95.68% 4,028.31 0.00

1991-11 37,431.52 (45.13) 37,498.10 3,159.33 8.43% 34,338.77 91.57% 3,622.43 0.00

S-Total: WCED 121,611.62 (89.50) 121,707.60 6,795.00 5.58% 114,912.60 94.42% 7,650.74 0.00

Delinq. Total 3,401,154.45 249,794.63 3,689,110.04 976,822.48 26.48% 2,712,287.56 73.52% 317,774.77 0.00

Current Year:

2003 21,344,509.74 566,441.22 21,912,776.23 20,231,094.61 92.32% 1,681,681.62 7.67% 276,876.07 0.00

Total - All 24,745,664.19 816,235.85 25,601,886.27 21,207,917.09 82.84% 4,393,969.18 17.16% 594,650.84 0.00

Rodolfo Sanchez, RTA, CSTA c: rudy\ excell\ newtax\ 2003\ isdmrpt\ delqcoll\ delqJune 04

6

I, Rodolfo Sanchez, Director of Tax Collections and Special Projects for Laredo Independent School District, do solemnly swear that the above statement of collections made by me, and distributed thereof for month of, June2004 A.D. is true and correct.

Summary30-Jun-04

Delinquent Property Tax Revenues

LEVY ONLY

School Year Tax Year October November December January Febuary March April May June July August September Total All

2003-2004 2003 145,505.51 56,261.00 115,119.70 84,021.23 77,912.07 54,111.10 72,950.54 85,480.01 75,610.31 766,971.47

2002-2003 2002 83,089.49 54,902.31 32,381.60 74,732.85 73,467.46 65,273.92 76,506.54 72,415.29 51,503.75 42,035.47 50,756.71 36,040.47 713,105.86

2001-2002 2001 105,509.63 93,590.45 74,763.76 77,281.79 73,783.17 89,511.29 74,660.10 70,950.05 58,696.34 42,149.77 52,997.57 38,175.08 852,069.00

2000-2001 2000 90,494.87 81,988.39 94,398.80 68,068.36 77,222.64 78,469.36 60,336.66 60,829.16 78,244.52 34,047.56 60,686.15 30,138.05 814,924.52

1999-2000 1999 159,755.39 87,954.07 87,930.15 26,080.22 100,359.56 118,704.36 89,749.14 80,819.12 49,227.50 36,659.86 27,660.62 37,836.49 902,736.48

1998-1999 1998 171,401.55 127,423.73 127,458.47 83,129.84 112,050.06 149,808.57 60,849.47 65,763.43 78,613.14 81,578.47 57,820.23 78,858.89 1,194,755.85

1997-1998 1997 88,649.99 124,886.36 127,082.11 148,520.05 138,673.68 190,436.50 185,332.47 195,593.32 147,591.17 160,600.59 95,737.04 86,658.97 1,689,762.25

1996-1997 1996 110,669.14 90,287.03 113,268.00 103,201.85 110,177.97 244,290.44 136,364.30 227,958.74 106,824.55 167,645.18 138,542.87 139,345.42 1,688,575.49

7

Source: Laredo I.S. D. Tax Office c: rudy @ 123w\ kazen\ 2003ty\ delcol\04_June_4YrSum

Delinquent Property Tax RevenuesCompares Collections For June of each Year

75,610.31

58,696.34

78,244.52

51,503.75

0.00

10,000.00

20,000.00

30,000.00

40,000.00

50,000.00

60,000.00

70,000.00

80,000.00

90,000.00

June 2004 June 2003 June 2002 June 2001

L.I.S.D. SUCCESSOR-IN-INTEREST FOR DELINQUENT TAXES FOR MONTHLY; JUNE, 2004 FY 2004

COLLECTIONS DISTRIBUTIONS: MAINTENANCE FUNDCurrent Year $ 0.00 5761.01 Current Year Taxes $ 0.00Delinquent Years $ 1,643.17 5761.01 P & I Current Year $ 0.00Refunds (1111.00) $ 0.00 5761.01 Delinquent Levy $ 661.97

Sub-Total: $ 1,643.17 5761.01 P&I Delinquent $ 981.20Attorney Fees (1111.10)$ 223.41 $ 0.00

2111.02 Refunds $ 0.00Total Collections $ 1,866.58 2111.10 Attorney Fees $ 223.41

Total Maintenance Fund $ 1,866.58

8

Taxes Receivable $ $661.97

ARB ADJUSTMENTS $ $0.00

Deferred Revenue $ $661.97

Combined P&I discussed & approved by Rosa Maria Torres, Finance Dept. on 06-17-04Total Distribution $ 1,866.58

I, Rodolfo Sanchez, Director of Tax Collections and Special Projects for L.I.S.D.-Webb County Education District, do solemnly swear that the above statement of collections made by me, and distributed thereof for MONTHLY; JUNE, 2004, A.D., is true and correct.

_________________________________________Rodolfo SanchezDirector of Tax Collections and Special Projects

L.I.S.D. SUCCESSOR-IN-INTEREST FOR DELINQUENT TAXES FOR Y-T-D; OCT '03 TO JUNE '04 FY 2004

COLLECTIONS DISTRIBUTIONS: MAINTENANCE FUNDCurrent Year $ 0.00 5761.01 Current Year Taxes $ 0.00Delinquent Years $ 12,387.86 5761.01 P & I Current Year $ 0.00Refunds (1111.00) $ 89.50 5761.01 Delinquent Levy $ 5,956.42

Sub-Total: $ 12,477.36 5761.01 P&I Delinquent $ 6,431.44Attorney Fees (1111.10)$ 1,362.89 $ 0.00

2111.02 Refunds $ 89.50Total Collections $ 13,840.25 2111.10 Attorney Fees $ 1,362.89

Total Maintenance Fund $ 13,840.25

9

Taxes Receivable $ $5,956.42

ARB ADJUSTMENTS $ $89.50

Deferred Revenue $ $6,045.92

Combined P&I discussed & approved by Rosa Maria Torres, Finance Dept. on 06-17-04Total Distribution $ 13,840.25

I, Rodolfo Sanchez, Director of Tax Collections and Special Projects for L.I.S.D.-Webb County Education District, do solemnly swear that the above statement of collections made by me, and distributed thereof for YEAR-TO-DATE; OCT '03 TO JUNE '04, is true and correct.

_________________________________________Rodolfo SanchezDirector of Tax Collections and Special Projects