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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 13:40:16                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                174 / Nacogdoches                                        VRSN: P
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                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

NATIVE PASTURE                                              101.60
                    174-901 / Chireno ISD                                20,847       2,103,110   100.88    0.9984       101.44
                    174-902 / Cushing ISD                                28,772       2,883,600   100.22    0.9919       100.78
                    174-903 / Garrison ISD                               20,558       2,142,560   104.22    1.0315       104.80
                    174-904 / Nacogdoches ISD                            45,888       4,586,990    99.96    0.9893       100.51
                    174-906 / Woden ISD                                  21,651       2,172,870   100.36    0.9933       100.92
                    174-908 / Central Heights ISD                        19,569       1,999,390   102.17    1.0112       102.74
                    174-909 / Martinsville ISD                           19,861       2,019,570   101.69    1.0064       102.25
                    174-910 / Etoile ISD                                  1,883         187,650    99.65    0.9862       100.20
                    174-911 / Douglass ISD                               18,293       1,841,740   100.68    0.9964       101.23
                                                                      --------- --------------- --------
                              CAD TOTALS:                               197,322      19,937,480   101.04

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 ****