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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 08:26:40                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                211 / Sherman                                            VRSN: W
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IRRIGATED CROPLAND                                          135.90
                    211-901 / Texhoma ISD                                32,354       6,649,240   205.52    0.9714       132.01
                    211-902 / Stratford ISD                             114,218      24,361,095   213.29    1.0081       137.00
                                                                      --------- --------------- --------
                              CAD TOTALS:                               146,572      31,010,335   211.57

DRY CROPLAND                                                135.20
                    211-901 / Texhoma ISD                                39,028       4,463,420   114.36    1.0559       142.76
                    211-902 / Stratford ISD                             239,862      25,742,208   107.32    0.9909       133.97
                                                                      --------- --------------- --------
                              CAD TOTALS:                               278,890      30,205,628   108.31

NATIVE PASTURE                                               40.90
                    211-901 / Texhoma ISD                                79,340       3,966,430    49.99    1.1699        47.85
                    211-902 / Stratford ISD                             175,342       6,915,167    39.44    0.9230        37.75
                                                                      --------- --------------- --------
                              CAD TOTALS:                               254,682      10,881,597    42.73

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 ****