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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
17:32:43                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  038  Childress

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        038-901    Childress                              0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        101.70

        038-901    Childress                        132,704          14,797,929        111.51         1.0000         101.70
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 132,704          14,797,929        111.51

IMPROVED PASTURE    -  PTD VALUE:         71.70

        038-901    Childress                         18,956             873,545         46.08         1.0000          71.70
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  18,956             873,545         46.08

NATIVE PASTURE      -  PTD VALUE:         37.90

        038-901    Childress                        238,808           7,225,640         30.26         1.0000          37.90
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 238,808           7,225,640         30.26

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 **