COUNTY OF KERN

2013-2014

TAX RATES & ASSESSED VALUATIONS

Compiled by the Office of Mary B. Bedard, CPA

Auditor-Controller-County Clerk

KERN COUNTY TAX RATES

AND ASSESSED

VALUATIONS FOR THE YEAR

2013-2014

TABLE OF CONTENTS

Page Important Tax Dates and Information

Tax Rate Areas for Schools..............................…………................. iiPayment of Taxes - Due Dates........................................................ iiiStatement of Taxable Personal Property......................................... iiiExemptions...................................................................................... iiiTaxes will be Mailed......................……………................................. ivTax Rates.......................................……………………………………ivSupplemental Assessment...................………………………........... ivCounty Assessment Appeals Board......…………............................ ivGeneral & Special District Tax Levies.............................................. vDelinquent Taxes & Redemption Rates........................................... vi Where to Obtain Information............................................................ vi

Assessed Value & Tax Rates by Code Area.............................................. 1-436

Total Assessed Valuation of Kern County................................................ 437-438

Assessed Valuation of Schools & Other Special DistrictsSchool Districts

High Schools.................................................................................... 439-440Unified Schools................................................................................ 440-441Community Colleges........................................................................ 441-443Special Schools............................................................................... 444

Special DistrictsCommunity Service Districts............................................................ 445County Service Areas...................................................................... 446-449Flood Control Districts...................................................................... 450Health Care Districts........................................................................ 450Hospital Districts.............................................................................. 450Irrigation Districts............................................................................. 450Pest Control Districts........................................................................450-451Recreation and Park Districts...........................................................451Airport District..............................…………...................................... 451Cemetery Districts............................................................................ 451Resource Conservation Districts...................................................... 452Sanitary District..........................................….................................. 452Sanitation Districts........................................................................... 452Separation of Grade District............................................................. 452Public Transit District....................................................................... 452Municipal Utility District.................................................................... 452Public Utility Districts........................................................................ 453Water Agencies................................................................................453California Water District................................................................... 453County Water Districts..................................................................... 453-454Municipal Water Districts................................................................. 454Water Drainage District.................................................................... 454Water Storage Districts.................................................................... 455

Assessed Valuation of County Operating Funds......................................456

Assessed Valuation of Cities......................................................................457-460

Top Ten Taxpayers...................................................................................... 461-462

(i)

Tax Tax Rate Rate

School Area School Area

Arvin……………………………………… 9, 54 Maricopa Unified................................... 3, 134Bakersfield………................................. 1, 56 McFarland.Unified................................ 8, 91Beardsley..………................................. 1, 57 McKittrick.............................................. 101Belridge.....………................................. 58 Midway.................................................. 93Blake .......…......................................... 59 Mojave Unified...................................... 11, 94Buttonwillow…...................................... 62 Muroc Unified....................................... 11, 98Caliente..……....................................... 63 Norris.................................................... 1, 99Delano....……....................................... 2, 65 Panama - Buena Vista.......................... 1, 61DiGiorgio.……....................................... 9, 115 Pond..................................................... 108Edison....……........................................ 66 Richland …………............................... 6, 85Elk Hills..……........................................ 67 Rio Bravo-Greeley................................ 1, 114El Tejon Unified…................................. 84 Rosedale............................................... 1, 116Fairfax...........……................................. 1, 68 Semitropic............................................. 117Fruitvale.........……................................ 1, 70 Sierra Sands Unified............................. 10, 11, 111General Shafter…................................. 1, 118 South Fork............................................ 120Greenfield.......……............................... 1, 74 So. Kern Unified................................... 119Kernville.........……................................ 82 Standard............................................... 1, 121Lakeside........….................................... 1, 135 Taft....................................................... 4, 124Lamont..........……................................. 1, 96 Tehachapi Unified................................. 5, 125Linns Valley-Poso Flat.......................... 86 Vineland................................................ 1, 129Lost Hills...................……..................... 88 Wasco................................................... 7, 130Maple...........................…...................... 89

(ii)

TAX RATE AREAS FOR SCHOOL DISTRICTS

IMPORTANT TAX DATES AND INFORMATION

PAYMENT OF TAXES – DUE DATES

Taxes become a lien on all real property on the first day of January at 12:01 a.m. each year. The first installment becomes due and payable on November 1, each year and delinquent on December 10 at 5:00 p.m. each year. Ten percent penalty is added to delinquent first installments on December 10 at 5:00 p.m. The second installment of taxes becomes due and payable on February 1 each year and delinquent on April 10 at 5:00 p.m. each year. Ten percent penalty is added to delinquent second installments on April 10 at 5:00 p.m. each year plus a $10.00 advertising cost for each property tax bill added to the delinquent roll. Ten percent penalty is added to the Unsecured Personal Property Roll on all unpaid taxes at 5:00 p.m. on August 31, or on the last day of the month following the month in which the assessment was added to the roll, whichever is later. If the delinquent date falls on a weekend or holiday, the delinquent date is the next business day.

TAXPAYERS MUST FILE STATEMENT OF TAXABLE PERSONAL PROPERTY Section 441 of the Revenue and Taxation Code requires the filing of written statements by all persons owning taxable personal property, other than mobile homes, household furnishings, or personal effects, having an aggregate cost of $100,000 or more or upon the request of the Assessor. Such property statements shall be declared to be true under the penalty of perjury and shall be filed with the Assessor between the lien date and 5:00 p.m. on the last Friday in May, annually, or within such time as the Assessor may appoint. Neglect or refusal to file such a statement may result in a valuation made by the Assessor based upon such information that the Assessor may have in his possession, thereby causing different assessments and penalties to be imposed. (Sections 501, 502 & 503 of the Revenue and Taxation Code.)

EXEMPTIONS All property in this state is taxable except that which is exempted by Article XIII Section 3 of the Constitution of the State of California. These exemptions include but are not limited to churches, welfare institutions, libraries, museums, veterans, homeowners, cemeteries, etc. The filing dates for affidavits for exemptions are: Homeowners: At the time when claimant becomes eligible but no later than 5 p.m. on February 15. Church and Religious: Between January 1 and February 15. Veterans: Between January 1 and February 15. Welfare and Veterans Organizations: Between January 1 and February 15. All others: Between January 1 and February 15.

(iii)

TAX BILL WILL BE MAILED Current Secured Tax bills are mailed on or before November 1 to the Assessee at the address as it appears on the Assessment Tax Roll. If a taxpayer does not receive a tax bill by November 10 for any or all properties that are taxable, a bill should be obtained immediately from the Treasurer-Tax Collector. Penalties will not be waived for late payment due to non-receipt of a tax bill, unless it is due to a county error. Current Unsecured Tax bills are mailed on or before July 31 to the Assessee at the address as it appears on the Assessment Tax Roll. Should taxpayers not receive tax bills by August 10, they may obtain a tax bill in a timely manner by contacting the Treasurer-Tax Collector’s office. All tax bills should be carefully examined before paying, to assure that all taxable property is included. Taxpayers are urged to remit early and avoid the congestion and delay experienced during the last two or three weeks of the first and second installment collection deadlines.

TAX RATES Tax rates are fixed annually, not later than the third day of October, by the Board of Supervisors. Tax rates include the general levy required by Article XIII of the State Constitution, levies for voter approved debts, and negative levies for monies to be returned under Section 100 of the Revenue and Taxation Code.

SUPPLEMENTAL ASSESSMENT Effective July 1, 1983, any change in ownership or qualified completion of new construction is subject to a supplemental assessment (R. & T. Code Section 75, et. Seq.) The tax liability will be a prorated amount for the balance of the current fiscal year. If the transfer or completion occurs between the lien date and May 31st, there will be a supplemental assessment for the current year and the succeeding fiscal year. This will be a one-time supplemental assessment in addition to the normal tax bills in succeeding years reflecting the appropriate value change. Supplemental tax bills are payable in two installments. Supplemental tax bills mailed between July 1st and October 31st are payable as noted above under "PAYMENT OF TAXES – DUE DATES." If the supplemental tax bills are mailed within the months of November through June, the first installment shall become delinquent on the last day of the month following the month of issue, with the second installment due on the last day of the fourth calendar month following the date the first installment is delinquent.

COUNTY ASSESSMENT APPEALS BOARD The assessment rolls are open for public inspection during regular business hours. Property owners may inspect the roll, ascertain and criticize their assessments and seek adjustment and equalization of values. The Assessment Appeals Board meets on the third Monday in July and continues in session thereafter until the business of equalization is completed.

(iv)

COUNTY ASSESSMENT APPEALS BOARD – (cont’d)

Applications for Change of Assessment must be obtained and filed with the Clerk of the Board, 1115 Truxtun Avenue, 5th Floor, Bakersfield, CA 93301, (661) 868-3585. The filing dates are from July 2 through November 30 or within 60 days of notification for an assessment outside the regular period. Disagreements with the assessment should be discussed with the Assessor prior to filing a formal appeal. This could avoid unnecessary complications and could result in the problem being resolved quickly.

TAX AND ASSESSMENT LEVIES

GENERAL LEVIES General local government rate: All taxable property within the County. SPECIAL DISTRICTS LEVIES Citrus Pest Control District: Service charge by parcel. City Assessments: Service charge by parcel. Community Service District Assessments: Tax rate set by districts and service charge by parcel. County Service Areas: Service charge by parcel. Health Care District Bonds: Tax rate set by County. Irrigation District Bonds and Debt: Service charge by parcel. Municipal Water Districts: Service charge by parcel. Pest Control Districts: Service charge by parcel. Public Utility District Assessments: Service charge by parcel. Recreation and Park Districts: Tax rate set by County. Sanitary and Sanitation Districts: Service charge by parcel. School District Bonds: Tax rate set by County. Water Agency Bonds and Debt: Tax rate set by districts. Water District Bonds and Debt: Tax rate set by districts and service charge by parcel. Water Storage District Bonds and Debt: Service charge by parcel.

(v)

DELINQUENT TAXES AND REDEMPTION RATES

Beginning July 1 of the year of tax default, an amount of 1 ½ percent per month will be added to the amount due on unpaid taxes for that year up to the time of redemption. Statutory penalties and advertising costs will also be charged. For all information regarding delinquent tax bills or a redemption from tax defaulted properties, contact the County Treasurer-Tax Collector, 1115 Truxtun Avenue, 2nd Floor, Bakersfield, CA 93301-4639, (661) 868-3490, or use the 24 hour information system (see item 4 below.)

WHERE TO OBTAIN INFORMATION Inasmuch as matters pertaining to the levy and collection of the various kinds of taxes are handled by several departments of County government, and in order that taxpayers needing information may be served promptly and efficiently, the following information is offered for their guidance. 1. ASSESSOR-RECORDER: The Assessor values all taxable property in the County. The assessment roll is prepared by the Assessor and turned over to the Auditor-Controller-County Clerk for computation of taxes against the various valuations fixed by the Assessor. Questions pertaining to valuations of property; church, veterans' and other exemptions; changes of assessment; address changes; etc., should be addressed to the Assessor, (661) 868-3485. 2. AUDITOR-CONTROLLER-COUNTY CLERK: The County Auditor-Controller-County Clerk receives the assessment roll from the Assessor, adds special assessments as provided by cities and special districts, calculates tax rates and extends the taxes using the rates adopted by the Board of Supervisors. This process translates the assessment roll to the form of property tax bills, which are turned over to the Treasurer-Tax Collector for billing and collection. Questions pertaining to district valuations, tax rates, tax levies, bond issues, bond requirements, land special assessments, should be addressed to the County Auditor-Controller-County Clerk, (661) 868-3599. 3. TREASURER-TAX COLLECTOR: The Treasurer-Tax Collector mails the tax bills and collects taxes. The assessed value shown thereon is taken from the assessment roll. Questions pertaining to collection of current and delinquent taxes should be addressed to the Treasurer-Tax Collector, (661) 868-3490. 4. 24 HOUR INFORMATION AND PAYMENT SYSTEM: Automated property tax information is available 24 hours a day by telephone at (888) 628-2937 or by Internet at www.kctt.co.kern.ca.us/payments/mainsearch.aspx. 5. Additional property tax information is also available at the following Web addresses:

ASSESSOR-RECORDER – http://www.co.kern.ca.us/assessor

AUDITOR-CONTROLLER-COUNTY CLERK – http://www.co.kern.ca.us/auditor

TREASURER-TAX COLLECTOR – http://www.kcttc.co.kern.ca.us

(vi)

http://www.auditor.kern.com/

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 000-001 CO WIDE UNITARY 001-001 BAKERSFIELD INSIDE SECURED VALUATION GROSS $1,997,051,431 KERN HIGH RF 2013 0.011179 NET $1,997,051,431 KCCD SRID 2002A 0.002633 UNSECURED VALUATION GROSS $149,764,806 KCCD SRID 02A RFD 0.008439 NET $149,764,806 KCCD SRID 2002C 0.001572 UNIT/OP NOUNIT-1% 1.000000 TOTAL 1.144662 * UNIT/OP NOUNIT DS 0.378288 TOTAL 1.378288 * 001-002 BAKERSFIELD INSIDE-ROSEDALE GEN LOCAL GOVT 1.000000 000-002 CO WIDE UNITARY-RAILROAD KCWA ZN 7 DEBT 0.029851 SECURED VALUATION GROSS $90,389,392 KCWA ZN 17 DEBT 0.010705 NET $90,389,392 KCWA ZN 19 DEBT 0.016354 RAILWAY UT 1% 1.000000 KERN HIGH 2004B 0.001555 RAILWAY UTDS 0.378288 KERN HIGH 2004C 0.006116 TOTAL 1.378288 * KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 000-095 CO WIDE UNITARY-ELECTRIC KERN HIGH RF 2012 0.001409 SECURED VALUATION GROSS $33,424,153 KERN HIGH RF 2013 0.011179 NET $33,424,153 KCCD SRID 2002A 0.002633 QUAL PUBLIC UT 1% 1.000000 KCCD SRID 02A RFD 0.008439 QUAL PUBLIC UTDS 0.378288 KCCD SRID 2002C 0.001572 TOTAL 1.378288 * TOTAL 1.108714 * 000-500 INTRA COUNTY PIPELINE R/W 001-003 BAKERSFIELD INSIDE UNSECURED VALUATION GROSS $88,169,414 SECURED VALUATION GROSS $1,158,214,786 NET $88,169,414 HOMEOWNERS EXEMPTION $26,614,000 PIPE LINE R/W 1% 1.000000 NET $1,131,600,786 PIPE LINE R/W DS 0.378288 UNSECURED VALUATION GROSS $70,923,056 TOTAL 1.378288 * NET $70,923,056 GEN LOCAL GOVT 1.000000 000-511 INTER COUNTY PIPELINE R/W KCWA ZN 7 DEBT 0.029851 SECURED VALUATION GROSS $1,716,927 KCWA ZN 17 DEBT 0.010705 NET $1,716,927 KCWA ZN 19 DEBT 0.016354 UNSECURED VALUATION GROSS $40,615,843 BKFLD SCH 93 RFD 0.007810 NET $40,615,843 BKFLD SCH 2006-A 0.026071 PIPE LINE R/W 1% 1.000000 BKFLD SCH 2006-B 0.002067 PIPE LINE R/W DS 0.378288 KERN HIGH 2004B 0.001555 TOTAL 1.378288 * KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 001-001 BAKERSFIELD INSIDE KERN HIGH 2004-D 0.001684 SECURED VALUATION GROSS $1,056,947,318 KERN HIGH RF 2012 0.001409 HOMEOWNERS EXEMPTION $14,021,000 KERN HIGH RF 2013 0.011179 NET $1,042,926,318 KCCD SRID 2002A 0.002633 UNSECURED VALUATION GROSS $76,319,907 KCCD SRID 02A RFD 0.008439 NET $76,319,907 KCCD SRID 2002C 0.001572 GEN LOCAL GOVT 1.000000 TOTAL 1.144662 * KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 BKFLD SCH 93 RFD 0.007810 BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 PAGE 1

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-005 BAKERSFIELD INSIDE-GREENFIELD 001-007 PANAMA - BUENA VISTA UNSECURED VALUATION GROSS $2,375,922 PANAMA BV 2012-A 0.019350 NET $2,375,922 KERN HIGH 2004B 0.001555 GEN LOCAL GOVT 1.000000 KERN HIGH 2004C 0.006116 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2011 0.017217 KCWA ZN 17 DEBT 0.010705 KERN HIGH 2004-D 0.001684 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2012 0.001409 GRNFLD RFND 90-A 0.020085 KERN HIGH RF 2013 0.011179 GRNFLD RFND 90-B 0.015896 KCCD SRID 2002A 0.002633 GREENFLD BD 90-C 0.006043 KCCD SRID 02A RFD 0.008439 GREENFLD 2002A 0.007739 KCCD SRID 2002C 0.001572 GREENFLD 2002B 0.007747 TOTAL 1.128064 * GREENFLD 2006A 0.026834 KERN HIGH 2004B 0.001555 001-008 BAKERSFIELD INSIDE KERN HIGH 2004C 0.006116 SECURED VALUATION GROSS $167,854 KERN HIGH RF 2011 0.017217 HOMEOWNERS EXEMPTION $7,000 KERN HIGH 2004-D 0.001684 NET $160,854 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 BKFLD SCH 93 RFD 0.007810 TOTAL 1.193058 * BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 001-006 BAKERSFIELD INSIDE KERN HIGH 2004B 0.001555 SECURED VALUATION GROSS $23,296,500 KERN HIGH 2004C 0.006116 NET $23,296,500 KERN HIGH RF 2011 0.017217 UNSECURED VALUATION GROSS $1,904,640 KERN HIGH 2004-D 0.001684 NET $1,904,640 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 BKFLD SCH 93 RFD 0.007810 TOTAL 1.144662 * BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.144662 * 001-007 PANAMA - BUENA VISTA SECURED VALUATION GROSS $1,864,004 HOMEOWNERS EXEMPTION $42,000 NET $1,822,004 UNSECURED VALUATION GROSS $3,178,521 NET $3,178,521 GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 PAGE 2

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-009 BAKERSFIELD INSIDE 001-011 BAKERSFIELD INSIDE SECURED VALUATION GROSS $760,524 BKFLD SCH 2006-B 0.002067 NET $760,524 KERN HIGH 2004B 0.001555 UNSECURED VALUATION GROSS $24,661 KERN HIGH 2004C 0.006116 NET $24,661 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2012 0.001409 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2013 0.011179 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002A 0.002633 BKFLD SCH 93 RFD 0.007810 KCCD SRID 02A RFD 0.008439 BKFLD SCH 2006-A 0.026071 KCCD SRID 2002C 0.001572 BKFLD SCH 2006-B 0.002067 TOTAL 1.144662 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 001-012 BAKERSFIELD INSIDE KERN HIGH RF 2011 0.017217 SECURED VALUATION GROSS $37,769,868 KERN HIGH 2004-D 0.001684 HOMEOWNERS EXEMPTION $1,827,000 KERN HIGH RF 2012 0.001409 NET $35,942,868 KERN HIGH RF 2013 0.011179 UNSECURED VALUATION GROSS $372,163 KCCD SRID 2002A 0.002633 NET $372,163 KCCD SRID 02A RFD 0.008439 GEN LOCAL GOVT 1.000000 KCCD SRID 2002C 0.001572 KCWA ZN 7 DEBT 0.029851 TOTAL 1.144662 * KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 001-010 BAKERSFIELD INSIDE-GREENFIELD BKFLD SCH 93 RFD 0.007810 SECURED VALUATION GROSS $1,284,810 BKFLD SCH 2006-A 0.026071 HOMEOWNERS EXEMPTION $49,000 BKFLD SCH 2006-B 0.002067 NET $1,235,810 KERN HIGH 2004B 0.001555 GEN LOCAL GOVT 1.000000 KERN HIGH 2004C 0.006116 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2011 0.017217 KCWA ZN 19 DEBT 0.016354 KERN HIGH 2004-D 0.001684 GRNFLD RFND 90-A 0.020085 KERN HIGH RF 2012 0.001409 GRNFLD RFND 90-B 0.015896 KERN HIGH RF 2013 0.011179 GREENFLD BD 90-C 0.006043 KCCD SRID 2002A 0.002633 GREENFLD 2002A 0.007739 KCCD SRID 02A RFD 0.008439 GREENFLD 2002B 0.007747 KCCD SRID 2002C 0.001572 GREENFLD 2006A 0.026834 TOTAL 1.144662 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.163207 * 001-011 BAKERSFIELD INSIDE SECURED VALUATION GROSS $1,289,013 HOMEOWNERS EXEMPTION $21,000 NET $1,268,013 GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 BKFLD SCH 93 RFD 0.007810 BKFLD SCH 2006-A 0.026071 PAGE 3

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-013 BAKERSFIELD INSIDE 001-015 BAKERSFIELD INSIDE SECURED VALUATION GROSS $64,251,994 KERN HIGH RF 2011 0.017217 NET $64,251,994 KERN HIGH 2004-D 0.001684 UNSECURED VALUATION GROSS $14,814,268 KERN HIGH RF 2012 0.001409 NET $14,814,268 KERN HIGH RF 2013 0.011179 GEN LOCAL GOVT 1.000000 KCCD SRID 2002A 0.002633 KCWA ZN 7 DEBT 0.029851 KCCD SRID 02A RFD 0.008439 KCWA ZN 17 DEBT 0.010705 KCCD SRID 2002C 0.001572 KCWA ZN 19 DEBT 0.016354 TOTAL 1.144662 * BKFLD SCH 93 RFD 0.007810 BKFLD SCH 2006-A 0.026071 001-016 BAKERSFIELD INSIDE BKFLD SCH 2006-B 0.002067 SECURED VALUATION GROSS $12,730,135 KERN HIGH 2004B 0.001555 HOMEOWNERS EXEMPTION $126,000 KERN HIGH 2004C 0.006116 NET $12,604,135 KERN HIGH RF 2011 0.017217 UNSECURED VALUATION GROSS $29,258 KERN HIGH 2004-D 0.001684 NET $29,258 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 BKFLD SCH 93 RFD 0.007810 TOTAL 1.144662 * BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 001-014 BAKERSFIELD INSIDE KERN HIGH 2004B 0.001555 GEN LOCAL GOVT 1.000000 KERN HIGH 2004C 0.006116 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2011 0.017217 KCWA ZN 17 DEBT 0.010705 KERN HIGH 2004-D 0.001684 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2012 0.001409 BKFLD SCH 93 RFD 0.007810 KERN HIGH RF 2013 0.011179 BKFLD SCH 2006-A 0.026071 KCCD SRID 2002A 0.002633 BKFLD SCH 2006-B 0.002067 KCCD SRID 02A RFD 0.008439 KERN HIGH 2004B 0.001555 KCCD SRID 2002C 0.001572 KERN HIGH 2004C 0.006116 TOTAL 1.144662 * KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.144662 * 001-015 BAKERSFIELD INSIDE SECURED VALUATION GROSS $36,893,329 HOMEOWNERS EXEMPTION $1,351,000 NET $35,542,329 UNSECURED VALUATION GROSS $232,375 NET $232,375 GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 BKFLD SCH 93 RFD 0.007810 BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 PAGE 4

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-017 BAKERSFIELD INSIDE-BEARDSLEY 001-019 BAKERSFIELD INSIDE-BEARDSLEY SECURED VALUATION GROSS $104,473,888 KCWA ZN 7 DEBT 0.029851 HOMEOWNERS EXEMPTION $7,000 KCWA ZN 17 DEBT 0.010705 NET $104,466,888 KCWA ZN 19 DEBT 0.016354 UNSECURED VALUATION GROSS $20,128,507 BEARDSLEY 2000A 0.006279 NET $20,128,507 BEARDSLEY 2000B 0.005342 GEN LOCAL GOVT 1.000000 BEARDSLEY 2006A 0.016288 KCWA ZN 7 DEBT 0.029851 BEARDSLEY RF 2007 0.012356 KCWA ZN 17 DEBT 0.010705 BEARDSLEY 2006B 0.008317 KCWA ZN 19 DEBT 0.016354 KERN HIGH 2004B 0.001555 BEARDSLEY 2000A 0.006279 KERN HIGH 2004C 0.006116 BEARDSLEY 2000B 0.005342 KERN HIGH RF 2011 0.017217 BEARDSLEY 2006A 0.016288 KERN HIGH 2004-D 0.001684 BEARDSLEY RF 2007 0.012356 KERN HIGH RF 2012 0.001409 BEARDSLEY 2006B 0.008317 KERN HIGH RF 2013 0.011179 KERN HIGH 2004B 0.001555 KCCD SRID 2002A 0.002633 KERN HIGH 2004C 0.006116 KCCD SRID 02A RFD 0.008439 KERN HIGH RF 2011 0.017217 KCCD SRID 2002C 0.001572 KERN HIGH 2004-D 0.001684 TOTAL 1.157296 * KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 001-020 BAKERSFIELD INSIDE KCCD SRID 2002A 0.002633 SECURED VALUATION GROSS $7,896,232 KCCD SRID 02A RFD 0.008439 HOMEOWNERS EXEMPTION $364,000 KCCD SRID 2002C 0.001572 NET $7,532,232 TOTAL 1.157296 * GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 001-018 BAKERSFIELD INSIDE-GREENFIELD KCWA ZN 17 DEBT 0.010705 SECURED VALUATION GROSS $553,597,013 KCWA ZN 19 DEBT 0.016354 HOMEOWNERS EXEMPTION $9,444,857 BKFLD SCH 93 RFD 0.007810 NET $544,152,156 BKFLD SCH 2006-A 0.026071 UNSECURED VALUATION GROSS $32,395,120 BKFLD SCH 2006-B 0.002067 NET $32,395,120 KERN HIGH 2004B 0.001555 GEN LOCAL GOVT 1.000000 KERN HIGH 2004C 0.006116 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2011 0.017217 KCWA ZN 17 DEBT 0.010705 KERN HIGH 2004-D 0.001684 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2012 0.001409 GRNFLD RFND 90-A 0.020085 KERN HIGH RF 2013 0.011179 GRNFLD RFND 90-B 0.015896 KCCD SRID 2002A 0.002633 GREENFLD BD 90-C 0.006043 KCCD SRID 02A RFD 0.008439 GREENFLD 2002A 0.007739 KCCD SRID 2002C 0.001572 GREENFLD 2002B 0.007747 TOTAL 1.144662 * GREENFLD 2006A 0.026834 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.193058 * 001-019 BAKERSFIELD INSIDE-BEARDSLEY SECURED VALUATION GROSS $39,380,585 NET $39,380,585 GEN LOCAL GOVT 1.000000 PAGE 5

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-021 BAKERSFIELD INSIDE 001-024 PANAMA - BUENA VISTA SECURED VALUATION GROSS $7,453 KCWA ZN 19 DEBT 0.016354 NET $7,453 PANAMA BV 2012-A 0.019350 GEN LOCAL GOVT 1.000000 KERN HIGH 2004B 0.001555 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004C 0.006116 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2011 0.017217 KCWA ZN 19 DEBT 0.016354 KERN HIGH 2004-D 0.001684 BKFLD SCH 93 RFD 0.007810 KERN HIGH RF 2012 0.001409 BKFLD SCH 2006-A 0.026071 KERN HIGH RF 2013 0.011179 BKFLD SCH 2006-B 0.002067 KCCD SRID 2002A 0.002633 KERN HIGH 2004B 0.001555 KCCD SRID 02A RFD 0.008439 KERN HIGH 2004C 0.006116 KCCD SRID 2002C 0.001572 KERN HIGH RF 2011 0.017217 TOTAL 1.128064 * KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 001-025 PANAMA - BUENA VISTA KERN HIGH RF 2013 0.011179 SECURED VALUATION GROSS $1,003,743,995 KCCD SRID 2002A 0.002633 HOMEOWNERS EXEMPTION $14,616,000 KCCD SRID 02A RFD 0.008439 NET $989,127,995 KCCD SRID 2002C 0.001572 UNSECURED VALUATION GROSS $68,694,219 TOTAL 1.144662 * NET $68,694,219 GEN LOCAL GOVT 1.000000 001-022 BAKERSFIELD INSIDE-GREENFIELD KCWA ZN 7 DEBT 0.029851 SECURED VALUATION GROSS $16,789,661 KCWA ZN 17 DEBT 0.010705 HOMEOWNERS EXEMPTION $756,000 KCWA ZN 19 DEBT 0.016354 NET $16,033,661 PANAMA BV 2012-A 0.019350 UNSECURED VALUATION GROSS $95,959 KERN HIGH 2004B 0.001555 NET $95,959 KERN HIGH 2004C 0.006116 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2011 0.017217 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004-D 0.001684 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2012 0.001409 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2013 0.011179 GRNFLD RFND 90-A 0.020085 KCCD SRID 2002A 0.002633 GRNFLD RFND 90-B 0.015896 KCCD SRID 02A RFD 0.008439 GREENFLD BD 90-C 0.006043 KCCD SRID 2002C 0.001572 GREENFLD 2002A 0.007739 TOTAL 1.128064 * GREENFLD 2002B 0.007747 GREENFLD 2006A 0.026834 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.193058 * 001-024 PANAMA - BUENA VISTA SECURED VALUATION GROSS $15,110,590 HOMEOWNERS EXEMPTION $490,000 NET $14,620,590 UNSECURED VALUATION GROSS $271,674 NET $271,674 GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 PAGE 6

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-026 BAKERSFIELD INSIDE 001-028 BAKERSFIELD INSIDE SECURED VALUATION GROSS $218,000 KERN HIGH 2004B 0.001555 HOMEOWNERS EXEMPTION $14,000 KERN HIGH 2004C 0.006116 NET $204,000 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2012 0.001409 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2013 0.011179 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002A 0.002633 BKFLD SCH 93 RFD 0.007810 KCCD SRID 02A RFD 0.008439 BKFLD SCH 2006-A 0.026071 KCCD SRID 2002C 0.001572 BKFLD SCH 2006-B 0.002067 TOTAL 1.144662 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 001-029 BAKERSFIELD INSIDE-FRUITVALE KERN HIGH RF 2011 0.017217 SECURED VALUATION GROSS $21,454,049 KERN HIGH 2004-D 0.001684 NET $21,454,049 KERN HIGH RF 2012 0.001409 UNSECURED VALUATION GROSS $3,731,103 KERN HIGH RF 2013 0.011179 NET $3,731,103 KCCD SRID 2002A 0.002633 GEN LOCAL GOVT 1.000000 KCCD SRID 02A RFD 0.008439 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002C 0.001572 KCWA ZN 17 DEBT 0.010705 TOTAL 1.144662 * KCWA ZN 19 DEBT 0.016354 FRTVALE SCHL BOND 0.019952 001-027 BAKERSFIELD INSIDE-GREENFIELD FRTVALE SCHL BOND 0.012765 GEN LOCAL GOVT 1.000000 FRTVALE 2011 RFDG 0.035090 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004B 0.001555 KCWA ZN 17 DEBT 0.010705 KERN HIGH 2004C 0.006116 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2011 0.017217 GRNFLD RFND 90-A 0.020085 KERN HIGH 2004-D 0.001684 GRNFLD RFND 90-B 0.015896 KERN HIGH RF 2012 0.001409 GREENFLD BD 90-C 0.006043 KERN HIGH RF 2013 0.011179 GREENFLD 2002A 0.007739 KCCD SRID 2002A 0.002633 GREENFLD 2002B 0.007747 KCCD SRID 02A RFD 0.008439 GREENFLD 2006A 0.026834 KCCD SRID 2002C 0.001572 KERN HIGH 2004B 0.001555 TOTAL 1.176521 * KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 KERN HIGH RF 2013 0.011179 KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 KCCD SRID 2002C 0.001572 TOTAL 1.193058 * 001-028 BAKERSFIELD INSIDE SECURED VALUATION GROSS $214,842,962 HOMEOWNERS EXEMPTION $1,820,000 NET $213,022,962 UNSECURED VALUATION GROSS $39,139,024 NET $39,139,024 GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 BKFLD SCH 93 RFD 0.007810 BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 PAGE 7

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-030 BAKERSFIELD INSIDE 001-032 BAKERSFIELD INSIDE SECURED VALUATION GROSS $5,713,556 BKFLD SCH 93 RFD 0.007810 HOMEOWNERS EXEMPTION $21,000 BKFLD SCH 2006-A 0.026071 NET $5,692,556 BKFLD SCH 2006-B 0.002067 UNSECURED VALUATION GROSS $4,972,464 KERN HIGH 2004B 0.001555 NET $4,972,464 KERN HIGH 2004C 0.006116 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2011 0.017217 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004-D 0.001684 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2012 0.001409 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2013 0.011179 BKFLD SCH 93 RFD 0.007810 KCCD SRID 2002A 0.002633 BKFLD SCH 2006-A 0.026071 KCCD SRID 02A RFD 0.008439 BKFLD SCH 2006-B 0.002067 KCCD SRID 2002C 0.001572 KERN HIGH 2004B 0.001555 TOTAL 1.144662 * KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 001-033 PANAMA - BUENA VISTA KERN HIGH 2004-D 0.001684 SECURED VALUATION GROSS $124,000 KERN HIGH RF 2012 0.001409 NET $124,000 KERN HIGH RF 2013 0.011179 UNSECURED VALUATION GROSS $7,537 KCCD SRID 2002A 0.002633 NET $7,537 KCCD SRID 02A RFD 0.008439 GEN LOCAL GOVT 1.000000 KCCD SRID 2002C 0.001572 KCWA ZN 7 DEBT 0.029851 TOTAL 1.144662 * KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 001-031 BAKERSFIELD INSIDE PANAMA BV 2012-A 0.019350 SECURED VALUATION GROSS $18,852,226 KERN HIGH 2004B 0.001555 HOMEOWNERS EXEMPTION $294,000 KERN HIGH 2004C 0.006116 NET $18,558,226 KERN HIGH RF 2011 0.017217 UNSECURED VALUATION GROSS $5,100 KERN HIGH 2004-D 0.001684 NET $5,100 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 BKFLD SCH 93 RFD 0.007810 TOTAL 1.128064 * BKFLD SCH 2006-A 0.026071 BKFLD SCH 2006-B 0.002067 001-034 BAKERSFIELD INSIDE KERN HIGH 2004B 0.001555 SECURED VALUATION GROSS $293,354 KERN HIGH 2004C 0.006116 NET $293,354 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 BKFLD SCH 93 RFD 0.007810 KERN HIGH RF 2012 0.001409 BKFLD SCH 2006-A 0.026071 KERN HIGH RF 2013 0.011179 BKFLD SCH 2006-B 0.002067 KCCD SRID 2002A 0.002633 KERN HIGH 2004B 0.001555 KCCD SRID 02A RFD 0.008439 KERN HIGH 2004C 0.006116 KCCD SRID 2002C 0.001572 KERN HIGH RF 2011 0.017217 TOTAL 1.144662 * KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 001-032 BAKERSFIELD INSIDE KERN HIGH RF 2013 0.011179 SECURED VALUATION GROSS $190,351 KCCD SRID 2002A 0.002633 NET $190,351 KCCD SRID 02A RFD 0.008439 UNSECURED VALUATION GROSS $10,144 KCCD SRID 2002C 0.001572 NET $10,144 TOTAL 1.087752 * GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 PAGE 8

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-035 PANAMA - BUENA VISTA 001-038 BAKERSFIELD INSIDE-FRUITVALE SECURED VALUATION GROSS $83,433,085 KERN HIGH 2004C 0.006116 NET $83,433,085 KERN HIGH RF 2011 0.017217 UNSECURED VALUATION GROSS $11,091,882 KERN HIGH 2004-D 0.001684 NET $11,091,882 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 PANAMA BV 2012-A 0.019350 TOTAL 1.176521 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 001-039 BAKERSFIELD INSIDE KERN HIGH RF 2011 0.017217 SECURED VALUATION GROSS $2,607,952 KERN HIGH 2004-D 0.001684 HOMEOWNERS EXEMPTION $35,000 KERN HIGH RF 2012 0.001409 NET $2,572,952 KERN HIGH RF 2013 0.011179 UNSECURED VALUATION GROSS $316,576 KCCD SRID 2002A 0.002633 NET $316,576 KCCD SRID 02A RFD 0.008439 GEN LOCAL GOVT 1.000000 KCCD SRID 2002C 0.001572 KCWA ZN 7 DEBT 0.029851 TOTAL 1.128064 * KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 001-037 BAKERSFIELD INSIDE-FRUITVALE BKFLD SCH 93 RFD 0.007810 SECURED VALUATION GROSS $56,900,542 BKFLD SCH 2006-A 0.026071 NET $56,900,542 BKFLD SCH 2006-B 0.002067 UNSECURED VALUATION GROSS $13,728,345 KERN HIGH 2004B 0.001555 NET $13,728,345 KERN HIGH 2004C 0.006116 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2011 0.017217 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004-D 0.001684 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2012 0.001409 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2013 0.011179 FRTVALE SCHL BOND 0.019952 KCCD SRID 2002A 0.002633 FRTVALE SCHL BOND 0.012765 KCCD SRID 02A RFD 0.008439 FRTVALE 2011 RFDG 0.035090 KCCD SRID 2002C 0.001572 KERN HIGH 2004B 0.001555 TOTAL 1.144662 * KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 001-040 BAKERSFIELD INSIDE KERN HIGH 2004-D 0.001684 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2012 0.001409 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2013 0.011179 KCWA ZN 17 DEBT 0.010705 KCCD SRID 2002A 0.002633 KCWA ZN 19 DEBT 0.016354 KCCD SRID 02A RFD 0.008439 BKFLD SCH 93 RFD 0.007810 KCCD SRID 2002C 0.001572 BKFLD SCH 2006-A 0.026071 TOTAL 1.176521 * BKFLD SCH 2006-B 0.002067 KERN HIGH 2004B 0.001555 001-038 BAKERSFIELD INSIDE-FRUITVALE KERN HIGH 2004C 0.006116 SECURED VALUATION GROSS $27,875,426 KERN HIGH RF 2011 0.017217 NET $27,875,426 KERN HIGH 2004-D 0.001684 UNSECURED VALUATION GROSS $827,587 KERN HIGH RF 2012 0.001409 NET $827,587 KERN HIGH RF 2013 0.011179 GEN LOCAL GOVT 1.000000 KCCD SRID 2002A 0.002633 KCWA ZN 7 DEBT 0.029851 KCCD SRID 02A RFD 0.008439 KCWA ZN 17 DEBT 0.010705 KCCD SRID 2002C 0.001572 KCWA ZN 19 DEBT 0.016354 TOTAL 1.144662 * FRTVALE SCHL BOND 0.019952 FRTVALE SCHL BOND 0.012765 FRTVALE 2011 RFDG 0.035090 KERN HIGH 2004B 0.001555 PAGE 9

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-041 BAKERSFIELD INSIDE-PANAMA 001-043 BAKERSFIELD INSIDE-LAKESIDE SECURED VALUATION GROSS $156,913,274 KERN HIGH RF 2013 0.011179 HOMEOWNERS EXEMPTION $3,507,000 KCCD SRID 2002A 0.002633 NET $153,406,274 KCCD SRID 02A RFD 0.008439 UNSECURED VALUATION GROSS $206,681 KCCD SRID 2002C 0.001572 NET $206,681 TOTAL 1.107152 * GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 001-044 PANAMA - BUENA VISTA KCWA ZN 17 DEBT 0.010705 SECURED VALUATION GROSS $40,237,264 KCWA ZN 19 DEBT 0.016354 HOMEOWNERS EXEMPTION $1,386,000 PANAMA BV 2012-A 0.019350 NET $38,851,264 KERN HIGH 2004B 0.001555 UNSECURED VALUATION GROSS $772,641 KERN HIGH 2004C 0.006116 NET $772,641 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2012 0.001409 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2013 0.011179 PANAMA BV 2012-A 0.019350 KCCD SRID 2002A 0.002633 KERN HIGH 2004B 0.001555 KCCD SRID 02A RFD 0.008439 KERN HIGH 2004C 0.006116 KCCD SRID 2002C 0.001572 KERN HIGH RF 2011 0.017217 TOTAL 1.128064 * KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 001-042 BAKERSFIELD INSIDE KERN HIGH RF 2013 0.011179 SECURED VALUATION GROSS $116,796,693 KCCD SRID 2002A 0.002633 HOMEOWNERS EXEMPTION $1,421,000 KCCD SRID 02A RFD 0.008439 NET $115,375,693 KCCD SRID 2002C 0.001572 UNSECURED VALUATION GROSS $93,055 TOTAL 1.098213 * NET $93,055 GEN LOCAL GOVT 1.000000 001-045 BAKERSFIELD INSIDE-FRUITVALE KCWA ZN 7 DEBT 0.029851 SECURED VALUATION GROSS $171 KCWA ZN 17 DEBT 0.010705 NET $171 KCWA ZN 19 DEBT 0.016354 GEN LOCAL GOVT 1.000000 BKFLD SCH 93 RFD 0.007810 KCWA ZN 7 DEBT 0.029851 BKFLD SCH 2006-A 0.026071 KCWA ZN 17 DEBT 0.010705 BKFLD SCH 2006-B 0.002067 KCWA ZN 19 DEBT 0.016354 KERN HIGH 2004B 0.001555 FRTVALE SCHL BOND 0.019952 KERN HIGH 2004C 0.006116 FRTVALE SCHL BOND 0.012765 KERN HIGH RF 2011 0.017217 FRTVALE 2011 RFDG 0.035090 KERN HIGH 2004-D 0.001684 KERN HIGH 2004B 0.001555 KERN HIGH RF 2012 0.001409 KERN HIGH 2004C 0.006116 KERN HIGH RF 2013 0.011179 KERN HIGH RF 2011 0.017217 KCCD SRID 2002A 0.002633 KERN HIGH 2004-D 0.001684 KCCD SRID 02A RFD 0.008439 KERN HIGH RF 2012 0.001409 KCCD SRID 2002C 0.001572 KERN HIGH RF 2013 0.011179 TOTAL 1.144662 * KCCD SRID 2002A 0.002633 KCCD SRID 02A RFD 0.008439 001-043 BAKERSFIELD INSIDE-LAKESIDE KCCD SRID 2002C 0.001572 GEN LOCAL GOVT 1.000000 TOTAL 1.176521 * KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 LAKESIDE SCH 08-A 0.007627 LAKESIDE SCH 08-B 0.020662 KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 KERN HIGH RF 2012 0.001409 PAGE 10

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-046 BAKERSFIELD INSIDE-FRUITVALE 001-049 PANAMA - BUENA VISTA SECURED VALUATION GROSS $331,837 KERN HIGH 2004C 0.006116 NET $331,837 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2012 0.001409 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2013 0.011179 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002A 0.002633 FRTVALE SCHL BOND 0.019952 KCCD SRID 02A RFD 0.008439 FRTVALE SCHL BOND 0.012765 KCCD SRID 2002C 0.001572 FRTVALE 2011 RFDG 0.035090 TOTAL 1.128064 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 001-051 PANAMA - BUENA VISTA KERN HIGH RF 2011 0.017217 SECURED VALUATION GROSS $297 KERN HIGH 2004-D 0.001684 NET $297 KERN HIGH RF 2012 0.001409 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2013 0.011179 KCWA ZN 7 DEBT 0.029851 KCCD SRID 2002A 0.002633 KCWA ZN 17 DEBT 0.010705 KCCD SRID 02A RFD 0.008439 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002C 0.001572 PANAMA BV 2012-A 0.019350 TOTAL 1.176521 * KERN HIGH 2004B 0.001555 KERN HIGH 2004C 0.006116 001-047 BAKERSFIELD INSIDE KERN HIGH RF 2011 0.017217 SECURED VALUATION GROSS $81,428,963 KERN HIGH 2004-D 0.001684 HOMEOWNERS EXEMPTION $1,974,000 KERN HIGH RF 2012 0.001409 NET $79,454,963 KERN HIGH RF 2013 0.011179 UNSECURED VALUATION GROSS $153,374 KCCD SRID 2002A 0.002633 NET $153,374 KCCD SRID 02A RFD 0.008439 GEN LOCAL GOVT 1.000000 KCCD SRID 2002C 0.001572 KCWA ZN 7 DEBT 0.029851 TOTAL 1.128064 * KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 001-052 PANAMA - BUENA VISTA BKFLD SCH 93 RFD 0.007810 SECURED VALUATION GROSS $128,767,443 BKFLD SCH 2006-A 0.026071 HOMEOWNERS EXEMPTION $1,575,000 BKFLD SCH 2006-B 0.002067 NET $127,192,443 KERN HIGH 2004B 0.001555 UNSECURED VALUATION GROSS $18,337,065 KERN HIGH 2004C 0.006116 NET $18,337,065 KERN HIGH RF 2011 0.017217 GEN LOCAL GOVT 1.000000 KERN HIGH 2004-D 0.001684 KCWA ZN 7 DEBT 0.029851 KERN HIGH RF 2012 0.001409 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2013 0.011179 KCWA ZN 19 DEBT 0.016354 KCCD SRID 2002A 0.002633 PANAMA BV 2012-A 0.019350 KCCD SRID 02A RFD 0.008439 KERN HIGH 2004B 0.001555 KCCD SRID 2002C 0.001572 KERN HIGH 2004C 0.006116 TOTAL 1.144662 * KERN HIGH RF 2011 0.017217 KERN HIGH 2004-D 0.001684 001-049 PANAMA - BUENA VISTA KERN HIGH RF 2012 0.001409 SECURED VALUATION GROSS $966,692,275 KERN HIGH RF 2013 0.011179 HOMEOWNERS EXEMPTION $12,866,000 KCCD SRID 2002A 0.002633 NET $953,826,275 KCCD SRID 02A RFD 0.008439 UNSECURED VALUATION GROSS $33,785,245 KCCD SRID 2002C 0.001572 NET $33,785,245 TOTAL 1.128064 * GEN LOCAL GOVT 1.000000 KCWA ZN 7 DEBT 0.029851 KCWA ZN 17 DEBT 0.010705 KCWA ZN 19 DEBT 0.016354 PANAMA BV 2012-A 0.019350 KERN HIGH 2004B 0.001555 PAGE 11

COUNTY OF KERN TAX RATES BY AREA CODE BILLING YEAR 2013-2014 AREA CODE RATE AREA CODE RATE 001-053 BAKERSFIELD INSIDE-BEARDSLEY 001-055 BAKERSFIELD INSIDE-BEARDSLEY SECURED VALUATION GROSS $6,122 KERN HIGH 2004B 0.001555 NET $6,122 KERN HIGH 2004C 0.006116 GEN LOCAL GOVT 1.000000 KERN HIGH RF 2011 0.017217 KCWA ZN 7 DEBT 0.029851 KERN HIGH 2004-D 0.001684 KCWA ZN 17 DEBT 0.010705 KERN HIGH RF 2012 0.001409 KCWA ZN 19 DEBT 0.016354 KERN HIGH RF 2013 0.011179 BEARDSLEY 2000A 0.006279 KCCD SRID 2002A 0.002633 BEARDSLEY