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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:12:47                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  035  Castro

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

IRRIGATED CROPLAND  -  PTD VALUE:        196.50

        035-901    Dimmitt                           89,440          33,613,640        375.82         1.0074         197.95
        035-902    Hart                              70,182          25,810,610        367.77          .9858         193.71
        035-903    Nazareth                           8,303           3,224,080        388.30         1.0408         204.52
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 167,925          62,648,330        373.07

DRY CROPLAND        -  PTD VALUE:        177.60

        035-901    Dimmitt                          148,313          16,919,530        114.08          .9958         176.85
        035-902    Hart                              17,318           1,811,230        104.59          .9130         162.15
        035-903    Nazareth                          41,982           5,053,920        120.38         1.0508         186.62
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 207,613          23,784,680        114.56

IMPROVED PASTURE    -  PTD VALUE:           .00

        035-901    Dimmitt                                0                   0           .00          .0000            .00
        035-902    Hart                                   0                   0           .00          .0000            .00
        035-903    Nazareth                               0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:         29.30

        035-901    Dimmitt                           41,742           1,659,210         39.75         1.0240          30.00
        035-902    Hart                              10,309             336,270         32.62          .8403          24.62
        035-903    Nazareth                          18,244             733,540         40.21         1.0358          30.35
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  70,295           2,729,020         38.82

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 **