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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
20:49:04                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  199  Rockwall

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        199-901    Rockwall                               0                   0           .00          .0000            .00
        199-902    Royse City                             0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        155.90

        199-901    Rockwall                           8,264           1,129,680        136.70          .9998         155.87
        199-902    Royse City                        15,466           2,114,960        136.75         1.0001         155.92
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  23,730           3,244,640        136.73

IMPROVED PASTURE    -  PTD VALUE:         77.00

        199-901    Rockwall                           6,935             728,080        104.99          .9990          76.92
        199-902    Royse City                         4,092             430,860        105.29         1.0018          77.14
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  11,027           1,158,940        105.10

NATIVE PASTURE      -  PTD VALUE:         45.70

        199-901    Rockwall                          15,829           1,351,320         85.37         1.0013          45.76
        199-902    Royse City                        14,621           1,244,940         85.15          .9987          45.64
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  30,450           2,596,260         85.26

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 **