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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
16:21:02                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  186  Pecos

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

IRRIGATED CROPLAND  -  PTD VALUE:        180.20

        186-901    Buena Vista                       13,445           1,721,450        128.04          .9323         168.00
        186-902    Ft Stockton                       22,502           3,247,300        144.31         1.0507         189.34
        186-903    Iraan-Sheffield                    3,411             436,540        127.98          .9318         167.91
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  39,358           5,405,290        137.34

DRY CROPLAND        -  PTD VALUE:           .00

        186-901    Buena Vista                            0                   0           .00          .0000            .00
        186-902    Ft Stockton                            0                   0           .00          .0000            .00
        186-903    Iraan-Sheffield                        0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

IMPROVED PASTURE    -  PTD VALUE:           .00

        186-901    Buena Vista                            0                   0           .00          .0000            .00
        186-902    Ft Stockton                            0                   0           .00          .0000            .00
        186-903    Iraan-Sheffield                        0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

NATIVE PASTURE      -  PTD VALUE:          9.60

        186-901    Buena Vista                      375,945           2,238,810          5.96          .9313           8.94
        186-902    Ft Stockton                    1,812,088          11,676,700          6.44         1.0063           9.66
        186-903    Iraan-Sheffield                  458,356           3,011,270          6.57         1.0266           9.86
                                                  ---------      --------------     ---------
      ** CAD TOTALS                               2,646,389          16,926,780          6.40

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 **