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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
20:20:43                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  173  Motley

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

IRRIGATED CROPLAND  -  PTD VALUE:        359.10

        173-901    Motley County                      2,385             288,360        120.91         1.0000         359.10
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   2,385             288,360        120.91

DRY CROPLAND        -  PTD VALUE:         65.30

        173-901    Motley County                    115,833           8,627,601         74.48         1.0000          65.30
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 115,833           8,627,601         74.48

IMPROVED PASTURE    -  PTD VALUE:           .00

        173-901    Motley County                          0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:         44.70

        173-901    Motley County                    526,779          22,053,617         41.87         1.0000          44.70
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 526,779          22,053,617         41.87

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 **