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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
16:53:38                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  225  Titus

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        172-902    Daingerfield-Lone S                    0                   0           .00          .0000            .00
        225-902    Mount Pleasant                         0                   0           .00          .0000            .00
        225-905    Winfield                               0                   0           .00          .0000            .00
        225-906    Chapel Hill                            0                   0           .00          .0000            .00
        225-907    Harts Bluff                            0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:           .00

        172-902    Daingerfield-Lone S                    0                   0           .00          .0000            .00
        225-902    Mount Pleasant                       134              31,867        237.81          .9979            .00
        225-905    Winfield                              16               3,808        238.00          .9987            .00
        225-906    Chapel Hill                          106              25,268        238.38         1.0003            .00
        225-907    Harts Bluff                          259              61,786        238.56         1.0010            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                     515             122,729        238.31

IMPROVED PASTURE    -  PTD VALUE:         78.80

        172-902    Daingerfield-Lone S                  807             140,553        174.17         1.0113          79.69
        225-902    Mount Pleasant                    24,289           4,160,823        171.30          .9947          78.38
        225-905    Winfield                           9,777           1,686,776        172.52         1.0017          78.93
        225-906    Chapel Hill                        9,663           1,674,663        173.31         1.0063          79.30
        225-907    Harts Bluff                        3,909             680,321        174.04         1.0106          79.64
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  48,445           8,343,136        172.22

NATIVE PASTURE      -  PTD VALUE:         75.70

        172-902    Daingerfield-Lone S                1,455             119,830         82.36          .9491          71.85
        225-902    Mount Pleasant                    67,387           5,752,973         85.37          .9838          74.47
        225-905    Winfield                           8,825             807,344         91.48         1.0542          79.80
        225-906    Chapel Hill                       14,023           1,267,318         90.37         1.0414          78.83
        225-907    Harts Bluff                        9,337             820,048         87.83         1.0121          76.62
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 101,027           8,767,513         86.78

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 **