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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 08:23:26                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                115 / Hudspeth                                           VRSN: W
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IRRIGATED CROPLAND                                          338.30
                    115-901 / Fort Hancock ISD                           17,070       8,535,178   500.01    1.4884       503.53
                    115-902 / Sierra Blanca ISD                               0               0     0.00    0.0000         0.00
                    115-903 / Dell City ISD                              32,596       8,148,976   250.00    0.7442       251.76
                                                                      --------- --------------- --------
                              CAD TOTALS:                                49,666      16,684,154   335.93

NATIVE PASTURE                                               14.20
                    115-901 / Fort Hancock ISD                          423,675       5,063,825    11.95    1.0824        15.37
                    115-902 / Sierra Blanca ISD                         421,645       4,496,842    10.66    0.9656        13.71
                    115-903 / Dell City ISD                             224,375       2,252,557    10.04    0.9094        12.91
                                                                      --------- --------------- --------
                              CAD TOTALS:                             1,069,695      11,813,224    11.04

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 ****