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DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                          PAGE: 001
TIME: 15:20:19                                        2005 INDEX CALCULATION REPORT                                     REPT: PTS227
                                                                009 / Bailey                                             VRSN: W
____________________________________________________________________________________________________________________________________
                                                            PTD       <--------REPORTED VALUES--------->    INDEX        PTD
LAND CLASS          ISD # / NAME                       $/ACRE - CAD   NO. ACRES         VALUE     $/ACRE    FACTOR  $/ACRE - ISD
____________________________________________________________________________________________________________________________________

IRRIGATED CROPLAND                                          114.20
                    009-901 / Muleshoe ISD                               68,650      16,391,198   238.76    1.0000       114.20
                                                                      --------- --------------- --------
                              CAD TOTALS:                                68,650      16,391,198   238.76

DRY CROPLAND                                                 60.20
                    009-901 / Muleshoe ISD                              107,268       7,981,421    74.41    1.0000        60.20
                                                                      --------- --------------- --------
                              CAD TOTALS:                               107,268       7,981,421    74.41

IMPROVED PASTURE                                             60.40
                    009-901 / Muleshoe ISD                                5,893         331,317    56.22    1.0000        60.40
                                                                      --------- --------------- --------
                              CAD TOTALS:                                 5,893         331,317    56.22

NATIVE PASTURE                                               36.80
                    009-901 / Muleshoe ISD                              102,207       2,501,619    24.48    1.0000        36.80
                                                                      --------- --------------- --------
                              CAD TOTALS:                               102,207       2,501,619    24.48

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 ****