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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
17:45:19                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  047  Comanche

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

IRRIGATED CROPLAND  -  PTD VALUE:        165.30

        047-901    Comanche                           2,744             713,490        260.02         1.0056         166.23
        047-902    DeLeon                             7,381           1,899,200        257.31          .9951         164.49
        047-903    Gustine                            3,039             790,380        260.08         1.0058         166.26
        047-905    Sidney                               555             144,300        260.00         1.0055         166.21
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  13,719           3,547,370        258.57

DRY CROPLAND        -  PTD VALUE:        108.80

        047-901    Comanche                          29,113           2,041,060         70.11         1.0009         108.90
        047-902    DeLeon                            28,676           2,007,580         70.01          .9994         108.73
        047-903    Gustine                           11,452             801,700         70.01          .9994         108.73
        047-905    Sidney                             8,999             630,020         70.01          .9994         108.73
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  78,240           5,480,360         70.05

IMPROVED PASTURE    -  PTD VALUE:         81.20

        047-901    Comanche                          27,005           2,347,020         86.91         1.0072          81.78
        047-902    DeLeon                            29,452           2,537,620         86.16          .9985          81.08
        047-903    Gustine                           10,162             872,450         85.85          .9949          80.79
        047-905    Sidney                            10,719             916,110         85.47          .9905          80.43
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  77,338           6,673,200         86.29

NATIVE PASTURE      -  PTD VALUE:         75.50

        047-901    Comanche                         135,365           9,746,190         72.00         1.0000          75.50
        047-902    DeLeon                            74,117           5,336,450         72.00         1.0000          75.50
        047-903    Gustine                           49,243           3,545,420         72.00         1.0000          75.50
        047-905    Sidney                            33,982           2,446,600         72.00         1.0000          75.50
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 292,707          21,074,660         72.00

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 **