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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 08:20:42                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                037 / Cherokee                                           VRSN: W
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

DRY CROPLAND                                                142.80
                    037-901 / Alto ISD                                      732          69,650    95.15    1.0000       142.80
                    037-904 / Jacksonville ISD                            1,821         173,290    95.16    1.0001       142.81
                    037-907 / Rusk ISD                                      456          43,440    95.26    1.0012       142.97
                    037-908 / New Summerfield ISD                           103           9,820    95.34    1.0020       143.09
                    037-909 / Wells ISD                                     883          83,900    95.02    0.9986       142.60
                    212-904 / Troup ISD                                     236          22,480    95.25    1.0011       142.96
                                                                      --------- --------------- --------
                              CAD TOTALS:                                 4,231         402,580    95.15

IMPROVED PASTURE                                             83.00
                    037-901 / Alto ISD                                   10,838       1,030,020    95.04    0.9963        82.69
                    037-904 / Jacksonville ISD                           12,708       1,216,700    95.74    1.0037        83.31
                    037-907 / Rusk ISD                                   16,607       1,589,880    95.74    1.0037        83.31
                    037-908 / New Summerfield ISD                         6,076         577,380    95.03    0.9962        82.68
                    037-909 / Wells ISD                                   6,438         611,830    95.03    0.9962        82.68
                    212-904 / Troup ISD                                   9,320         887,350    95.21    0.9981        82.84
                                                                      --------- --------------- --------
                              CAD TOTALS:                                61,987       5,913,160    95.39

NATIVE PASTURE                                               66.20
                    037-901 / Alto ISD                                   29,932       2,844,550    95.03    0.9958        65.92
                    037-904 / Jacksonville ISD                           52,959       5,035,600    95.08    0.9963        65.96
                    037-907 / Rusk ISD                                   50,335       4,854,780    96.45    1.0107        66.91
                    037-908 / New Summerfield ISD                        11,715       1,113,380    95.04    0.9959        65.93
                    037-909 / Wells ISD                                  12,644       1,201,680    95.04    0.9959        65.93
                    212-904 / Troup ISD                                  33,077       3,145,400    95.09    0.9964        65.96
                                                                      --------- --------------- --------
                              CAD TOTALS:                               190,662      18,195,390    95.43

SCHOOL DISTRICT ACREAGES AND PRODUCTIVITY VALUE TOTALS INCLUDE LAND RECLASSIFIED TO WILDLIFE MANAGEMENT AND TRANSITION TO TIMBER.
INDEX CALCULATIONS ARE BASED ON REPORTED ISD VALUE PER ACRE DIVIDED BY CAD AVERAGE VALUE PER ACRE.
                                                        **** END OF REPORT ****