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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:41:38                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  060  Delta

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        060-902    Cooper                                 0                   0           .00          .0000            .00
        060-914    Fannindel                              0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        172.70

        060-902    Cooper                            34,529           5,317,499        154.00         1.0000         172.70
        060-914    Fannindel                         14,097           2,170,971        154.00         1.0000         172.70
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  48,626           7,488,470        154.00

IMPROVED PASTURE    -  PTD VALUE:         93.70

        060-902    Cooper                            43,917           3,821,649         87.02         1.0002          93.72
        060-914    Fannindel                          6,508             565,130         86.84          .9982          93.53
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  50,425           4,386,779         87.00

NATIVE PASTURE      -  PTD VALUE:         72.20

        060-902    Cooper                            32,555           2,222,306         68.26         1.0004          72.23
        060-914    Fannindel                          6,889             469,015         68.08          .9978          72.04
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  39,444           2,691,321         68.23

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 **