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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
20:44:47                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  194  Red River

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        194-902    Avery                                  0                   0           .00          .0000            .00
        194-903    Rivercrest                             0                   0           .00          .0000            .00
        194-904    Clarksville                            0                   0           .00          .0000            .00
        194-905    Detroit                                0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        150.00

        194-902    Avery                              4,703             875,130        186.08          .9888         148.32
        194-903    Rivercrest                        12,730           2,488,900        195.51         1.0390         155.85
        194-904    Clarksville                       24,354           4,513,610        185.33          .9849         147.74
        194-905    Detroit                            3,593             661,910        184.22          .9790         146.85
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  45,380           8,539,550        188.18

IMPROVED PASTURE    -  PTD VALUE:         80.50

        194-902    Avery                             19,956           1,851,060         92.76          .9972          80.27
        194-903    Rivercrest                        30,705           2,853,140         92.92          .9989          80.41
        194-904    Clarksville                       64,767           6,034,630         93.17         1.0016          80.63
        194-905    Detroit                           32,019           2,976,890         92.97          .9995          80.46
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 147,447          13,715,720         93.02

NATIVE PASTURE      -  PTD VALUE:         68.90

        194-902    Avery                             35,467           2,739,820         77.25         1.0182          70.15
        194-903    Rivercrest                        65,403           4,711,170         72.03          .9494          65.41
        194-904    Clarksville                       88,459           6,845,080         77.38         1.0199          70.27
        194-905    Detroit                           56,245           4,335,820         77.09         1.0161          70.01
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 245,574          18,631,890         75.87

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 **