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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
18:23:10                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  075  Fayette

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        075-901    Flatonia                              36              12,430        345.28         1.0007            .00
        075-902    La Grange                            300             103,520        345.07         1.0001            .00
        075-903    Schulenburg                           61              21,110        346.07         1.0030            .00
        075-906    Fayetteville                           7               2,420        345.71         1.0019            .00
        075-908    Round Top-Carmine                      1                 260        260.00          .7535            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                     405             139,740        345.04

DRY CROPLAND        -  PTD VALUE:        275.20

        075-901    Flatonia                           1,537             310,500        202.02          .9678         266.34
        075-902    La Grange                         15,051           3,157,930        209.82         1.0051         276.60
        075-903    Schulenburg                        5,384           1,115,310        207.15          .9923         273.08
        075-906    Fayetteville                       1,753             366,990        209.35         1.0029         276.00
        075-908    Round Top-Carmine                  2,418             506,720        209.56         1.0039         276.27
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  26,143           5,457,450        208.75

IMPROVED PASTURE    -  PTD VALUE:        114.30

        075-901    Flatonia                          24,107           3,454,660        143.31          .9920         113.39
        075-902    La Grange                         34,463           4,986,100        144.68         1.0015         114.47
        075-903    Schulenburg                       22,160           3,216,230        145.14         1.0046         114.83
        075-906    Fayetteville                       8,290           1,207,210        145.62         1.0080         115.21
        075-908    Round Top-Carmine                 21,084           3,042,460        144.30          .9988         114.16
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 110,104          15,906,660        144.47

NATIVE PASTURE      -  PTD VALUE:         60.10

        075-901    Flatonia                         112,555           8,454,450         75.11          .9980          59.98
        075-902    La Grange                        114,923           8,631,650         75.11          .9980          59.98
        075-903    Schulenburg                       54,084           4,119,810         76.17         1.0121          60.83
        075-906    Fayetteville                      35,892           2,695,530         75.10          .9979          59.97
        075-908    Round Top-Carmine                 49,416           3,710,130         75.08          .9976          59.96
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 366,870          27,611,570         75.26

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 **