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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
16:49:44                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  002  Andrews

-----------------------------------------------------------------------------------------------------------------------------------
                                                 <--------- REPORTED VALUE ------------->          INDEX          PTD ADJUSTED
        SCHOOL DISTRICT                          ACRES          PRODUCTIVITY       $/ACRE          FACTOR         $/ACRE
-----------------------------------------------------------------------------------------------------------------------------------

IRRIGATED CROPLAND  -  PTD VALUE:        728.40

        002-901    Andrews                           12,492           3,109,783        248.94         1.0000         728.40
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  12,492           3,109,783        248.94

DRY CROPLAND        -  PTD VALUE:         61.00

        002-901    Andrews                           66,782           2,473,091         37.03         1.0000          61.00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  66,782           2,473,091         37.03

IMPROVED PASTURE    -  PTD VALUE:           .00

        002-901    Andrews                                0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:          5.20

        002-901    Andrews                          400,412           2,351,174          5.87         1.0000           5.20
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 400,412           2,351,174          5.87

SCHOOL DISTRICT ACREAGES AND PRODUCTIVITY VALUE TOTALS INCLUDE LAND RECLASSIFIED TO WILDLIFE AND TIMBER IN TRANSITION.
INDEX CALCULATIONS BASED ON ISD VALUES PER ACRE DIVIDED BY CAD AVERAGE VALUE PER ACRE.

                                                        ** End of Report **