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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 08:24:44                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                154 / Madison                                            VRSN: W
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IMPROVED PASTURE                                             88.00
                    154-901 / Madisonville CISD                          44,206       3,466,480    78.42    1.0049        88.43
                    154-903 / North Zulch ISD                             7,462         565,520    75.79    0.9712        85.47
                                                                      --------- --------------- --------
                              CAD TOTALS:                                51,668       4,032,000    78.04

NATIVE PASTURE                                               56.40
                    154-901 / Madisonville CISD                         189,026      10,996,070    58.17    1.0014        56.48
                    154-903 / North Zulch ISD                            42,289       2,441,860    57.74    0.9940        56.06
                                                                      --------- --------------- --------
                              CAD TOTALS:                               231,315      13,437,930    58.09

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 ****