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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
16:29:37                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  199  Rockwall

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        199-901    Rockwall                               0                   0           .00          .0000            .00
        199-902    Royse City                             0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        148.60

        199-901    Rockwall                           8,249           1,127,640        136.70          .9997         148.56
        199-902    Royse City                        15,522           2,122,770        136.76         1.0001         148.61
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  23,771           3,250,410        136.74

IMPROVED PASTURE    -  PTD VALUE:         88.50

        199-901    Rockwall                           6,934             727,980        104.99          .9990          88.41
        199-902    Royse City                         4,099             431,590        105.29         1.0018          88.66
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  11,033           1,159,570        105.10

NATIVE PASTURE      -  PTD VALUE:         57.20

        199-901    Rockwall                          15,813           1,349,910         85.37         1.0013          57.27
        199-902    Royse City                        14,590           1,242,330         85.15          .9987          57.13
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  30,403           2,592,240         85.26

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 **