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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:33:02                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  054  Crosby

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

IRRIGATED CROPLAND  -  PTD VALUE:        126.30

        054-901    Crosbyton CISD                    12,574           3,311,556        263.37          .9866         124.61
        054-902    Lorenzo                           41,514          11,129,599        268.09         1.0043         126.84
        054-903    Ralls                             30,501           8,139,166        266.85          .9997         126.26
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  84,589          22,580,321        266.94

DRY CROPLAND        -  PTD VALUE:         99.20

        054-901    Crosbyton CISD                   106,945          13,224,882        123.66          .9933          98.54
        054-902    Lorenzo                           61,509           7,677,140        124.81         1.0025          99.45
        054-903    Ralls                             97,059          12,153,893        125.22         1.0058          99.78
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 265,513          33,055,915        124.50

IMPROVED PASTURE    -  PTD VALUE:         56.10

        054-901    Crosbyton CISD                     8,287             207,328         25.02          .9671          54.25
        054-902    Lorenzo                            1,343              45,274         33.71         1.3031          73.10
        054-903    Ralls                              3,854              96,179         24.96          .9648          54.13
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  13,484             348,781         25.87

NATIVE PASTURE      -  PTD VALUE:         36.90

        054-901    Crosbyton CISD                   163,725           3,595,144         21.96         1.0083          37.21
        054-902    Lorenzo                           36,970             817,714         22.12         1.0156          37.48
        054-903    Ralls                             43,847             913,542         20.83          .9564          35.29
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 244,542           5,326,400         21.78

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 **