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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:33:30                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  055  Culberson

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

IRRIGATED CROPLAND  -  PTD VALUE:        272.90

        055-901    Culberson-Allamore                16,963           1,832,020        108.00         1.0000         272.90
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  16,963           1,832,020        108.00

DRY CROPLAND        -  PTD VALUE:           .00

        055-901    Culberson-Allamore                     0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

IMPROVED PASTURE    -  PTD VALUE:           .00

        055-901    Culberson-Allamore                     0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:          6.30

        055-901    Culberson-Allamore             2,723,720          17,158,010          6.30         1.0000           6.30
                                                  ---------      --------------     ---------
      ** CAD TOTALS                               2,723,720          17,158,010          6.30

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 **