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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
18:07:26                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  063  Dickens

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

IRRIGATED CROPLAND  -  PTD VALUE:         63.60

        063-903    Spur                               5,784           1,602,380        277.04          .9935          63.19
        063-906    Patton Springs                     4,178           1,175,590        281.38         1.0090          64.17
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   9,962           2,777,970        278.86

DRY CROPLAND        -  PTD VALUE:        107.50

        063-903    Spur                              90,617          11,802,700        130.25         1.0486         112.72
        063-906    Patton Springs                    38,904           4,285,700        110.16          .8869          95.34
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 129,521          16,088,400        124.21

IMPROVED PASTURE    -  PTD VALUE:         48.30

        063-903    Spur                               3,414             164,180         48.09          .9895          47.79
        063-906    Patton Springs                     3,366             165,330         49.12         1.0107          48.82
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   6,780             329,510         48.60

NATIVE PASTURE      -  PTD VALUE:         40.40

        063-903    Spur                             231,209           8,124,340         35.14         1.0188          41.16
        063-906    Patton Springs                   196,959           6,644,420         33.74          .9783          39.52
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 428,168          14,768,760         34.49

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 **