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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:28:38                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  048  Concho

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

IRRIGATED CROPLAND  -  PTD VALUE:        152.30

        048-901    Eden CISD                            677             229,190        338.54          .9919         151.07
        048-903    Paint Rock                         1,036             355,460        343.11         1.0053         153.11
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   1,713             584,650        341.30

DRY CROPLAND        -  PTD VALUE:        108.90

        048-901    Eden CISD                         70,629          10,125,330        143.36         1.0486         114.19
        048-903    Paint Rock                        42,036           5,277,110        125.54          .9183         100.00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 112,665          15,402,440        136.71

IMPROVED PASTURE    -  PTD VALUE:         70.70

        048-901    Eden CISD                          6,183             445,170         72.00         1.0000          70.70
        048-903    Paint Rock                         2,995             215,660         72.01         1.0001          70.71
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   9,178             660,830         72.00

NATIVE PASTURE      -  PTD VALUE:         55.70

        048-901    Eden CISD                        270,087          14,652,980         54.25         1.0106          56.29
        048-903    Paint Rock                       136,974           7,196,100         52.54          .9788          54.52
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 407,061          21,849,080         53.68

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 **