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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 13:40:28                                        2004 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                180 / Oldham                                             VRSN: P
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IRRIGATED CROPLAND                                           48.60
                    180-902 / Vega ISD                                    5,498       1,163,330   211.59    1.1090        53.90
                    180-903 / Adrian ISD                                  2,874         601,070   209.14    1.0961        53.27
                    180-904 / Wildorado ISD                               7,044       1,176,930   167.08    0.8757        42.56
                                                                      --------- --------------- --------
                              CAD TOTALS:                                15,416       2,941,330   190.80

DRY CROPLAND                                                 59.20
                    180-902 / Vega ISD                                   86,595       8,019,680    92.61    1.0238        60.61
                    180-903 / Adrian ISD                                113,979      10,083,400    88.47    0.9780        57.90
                    180-904 / Wildorado ISD                              35,211       3,224,900    91.59    1.0125        59.94
                                                                      --------- --------------- --------
                              CAD TOTALS:                               235,785      21,327,980    90.46

NATIVE PASTURE                                               36.90
                    180-902 / Vega ISD                                  254,447       9,097,770    35.76    0.9917        36.59
                    180-903 / Adrian ISD                                303,263      10,815,270    35.66    0.9889        36.49
                    180-904 / Wildorado ISD                              69,284       2,698,210    38.94    1.0799        39.85
                                                                      --------- --------------- --------
                              CAD TOTALS:                               626,994      22,611,250    36.06

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 ****