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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
14:19:29                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  094  Guadalupe

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        094-901    Seguin                                 0                   0           .00          .0000            .00
        094-902    Schertz-Cibolo-Univ                    0                   0           .00          .0000            .00
        094-903    Navarro                                0                   0           .00          .0000            .00
        094-904    Marion                                 0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        140.00

        094-901    Seguin                            20,461           2,767,747        135.27          .9521         133.29
        094-902    Schertz-Cibolo-Univ               11,901           1,699,179        142.78         1.0049         140.69
        094-903    Navarro                           28,509           4,182,190        146.70         1.0325         144.55
        094-904    Marion                            23,515           3,340,751        142.07          .9999         139.99
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  84,386          11,989,867        142.08

IMPROVED PASTURE    -  PTD VALUE:         78.70

        094-901    Seguin                            48,224           3,447,331         71.49          .9183          72.27
        094-902    Schertz-Cibolo-Univ                5,975             598,004        100.08         1.2855         101.17
        094-903    Navarro                            9,290             795,321         85.61         1.0997          86.55
        094-904    Marion                            11,315             982,572         86.84         1.1155          87.79
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  74,804           5,823,228         77.85

NATIVE PASTURE      -  PTD VALUE:         45.50

        094-901    Seguin                           120,306           5,346,783         44.44          .9567          43.53
        094-902    Schertz-Cibolo-Univ                5,115             401,500         78.49         1.6898          76.89
        094-903    Navarro                           10,348             505,857         48.88         1.0523          47.88
        094-904    Marion                             9,787             506,308         51.73         1.1137          50.67
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 145,556           6,760,448         46.45

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 **