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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 13:40:08                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                170 / Montgomery                                         VRSN: P
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IMPROVED PASTURE                                             82.60
                    093-905 / Richards ISD                                  495         105,000   212.12    1.0129        83.67
                    170-902 / Conroe ISD                                  2,187         438,500   200.50    0.9574        79.08
                    170-903 / Montgomery ISD                              3,222         645,999   200.50    0.9574        79.08
                    170-904 / Willis ISD                                  2,170         475,460   219.11    1.0463        86.42
                    170-906 / Magnolia ISD                                2,505         550,600   219.80    1.0496        86.70
                    170-907 / Splendora ISD                                 308          63,165   205.08    0.9793        80.89
                    170-908 / New Caney ISD                                 130          28,500   219.23    1.0468        86.47
                                                                      --------- --------------- --------
                              CAD TOTALS:                                11,017       2,307,224   209.42

NATIVE PASTURE                                               83.80
                    093-905 / Richards ISD                                7,765         792,550   102.07    0.9760        81.79
                    170-902 / Conroe ISD                                 17,342       1,789,300   103.18    0.9866        82.68
                    170-903 / Montgomery ISD                             47,477       4,880,479   102.80    0.9830        82.38
                    170-904 / Willis ISD                                 21,150       2,278,406   107.73    1.0301        86.32
                    170-906 / Magnolia ISD                                8,638         949,500   109.92    1.0511        88.08
                    170-907 / Splendora ISD                                 934          95,339   102.08    0.9761        81.80
                    170-908 / New Caney ISD                               3,450         379,200   109.91    1.0510        88.07
                                                                      --------- --------------- --------
                              CAD TOTALS:                               106,756      11,164,774   104.58

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 ****