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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
16:07:48                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  174  Nacogdoches

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        174-901    Chireno                                0                   0           .00          .0000            .00
        174-902    Cushing                                0                   0           .00          .0000            .00
        174-903    Garrison                               0                   0           .00          .0000            .00
        174-904    Nacogdoches                            0                   0           .00          .0000            .00
        174-906    Woden                                  0                   0           .00          .0000            .00
        174-908    Central Heights                        0                   0           .00          .0000            .00
        174-909    Martinsville                           0                   0           .00          .0000            .00
        174-910    Etoile                                 0                   0           .00          .0000            .00
        174-911    Douglass                               0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:           .00

        174-901    Chireno                                0                   0           .00          .0000            .00
        174-902    Cushing                                0                   0           .00          .0000            .00
        174-903    Garrison                               0                   0           .00          .0000            .00
        174-904    Nacogdoches                            0                   0           .00          .0000            .00
        174-906    Woden                                  0                   0           .00          .0000            .00
        174-908    Central Heights                        0                   0           .00          .0000            .00
        174-909    Martinsville                           0                   0           .00          .0000            .00
        174-910    Etoile                                 0                   0           .00          .0000            .00
        174-911    Douglass                               0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

IMPROVED PASTURE    -  PTD VALUE:           .00

        174-901    Chireno                                0                   0           .00          .0000            .00
        174-902    Cushing                                0                   0           .00          .0000            .00
        174-903    Garrison                               0                   0           .00          .0000            .00
        174-904    Nacogdoches                            0                   0           .00          .0000            .00
        174-906    Woden                                  0                   0           .00          .0000            .00
        174-908    Central Heights                        0                   0           .00          .0000            .00
        174-909    Martinsville                           0                   0           .00          .0000            .00
        174-910    Etoile                                 0                   0           .00          .0000            .00
        174-911    Douglass                               0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:        100.60

        174-901    Chireno                           25,104           2,510,590        100.01          .9967         100.27
        174-902    Cushing                           37,565           3,757,180        100.02          .9968         100.28
        174-903    Garrison                          27,217           2,771,770        101.84         1.0149         102.10
        174-904    Nacogdoches                       55,907           5,607,830        100.31          .9997         100.57
        174-906    Woden                             24,231           2,431,310        100.34         1.0000         100.60
        174-908    Central Heights                   22,580           2,258,320        100.01          .9967         100.27

1/22/04 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 2 16:07:48 2003 PROPERTY VALUE STUDY LS0010P INDEX CALCULATIONS APPRAISAL DISTRICT: 174 Nacogdoches ----------------------------------------------------------------------------------------------------------------------------------- <--------- REPORTED VALUE -------------> INDEX PTD ADJUSTED SCHOOL DISTRICT ACRES PRODUCTIVITY $/ACRE FACTOR $/ACRE ----------------------------------------------------------------------------------------------------------------------------------- NATIVE PASTURE - PTD VALUE: 100.60 174-909 Martinsville 23,363 2,337,850 100.07 .9973 100.33 174-910 Etoile 2,939 298,090 101.43 1.0109 101.70 174-911 Douglass 22,548 2,254,950 100.01 .9967 100.27 --------- -------------- --------- ** CAD TOTALS 241,454 24,227,890 100.34 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 **