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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
21:44:01                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  245  Willacy

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

IRRIGATED CROPLAND  -  PTD VALUE:        330.00

        245-901    Lasara                            11,957           5,330,942        445.84         1.0000         330.00
        245-902    Lyford CISD                       21,330           9,208,847        431.73          .9684         319.57
        245-903    Raymondville                      16,229           7,615,696        469.26         1.0526         347.36
        245-904    San Perlita                       19,063           8,418,930        441.64          .9906         326.90
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  68,579          30,574,415        445.83

DRY CROPLAND        -  PTD VALUE:        366.50

        245-901    Lasara                             8,705           3,014,950        346.35          .9860         361.37
        245-902    Lyford CISD                      106,808          37,708,370        353.05         1.0051         368.37
        245-903    Raymondville                      12,378           4,342,765        350.85          .9989         366.10
        245-904    San Perlita                       18,599           6,388,020        343.46          .9778         358.36
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 146,490          51,454,105        351.25

IMPROVED PASTURE    -  PTD VALUE:        139.90

        245-901    Lasara                             1,761             273,629        155.38         1.1132         155.74
        245-902    Lyford CISD                        6,958             898,771        129.17          .9254         129.46
        245-903    Raymondville                       6,316             942,187        149.17         1.0687         149.51
        245-904    San Perlita                        1,166             146,709        125.82          .9014         126.11
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  16,201           2,261,296        139.58

NATIVE PASTURE      -  PTD VALUE:         94.60

        245-901    Lasara                             5,707             274,298         48.06         1.1785         111.49
        245-902    Lyford CISD                       39,676           1,482,176         37.36          .9161          86.66
        245-903    Raymondville                      41,992           2,106,108         50.15         1.2298         116.34
        245-904    San Perlita                       56,869           2,020,120         35.52          .8710          82.40
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 144,244           5,882,702         40.78

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 **