Comparison of Tax Rates		2003-2004
	By Taxing Entity
		Residen	tial			Non-	Residential
				Increase				Increase
	Taxing Entity	2003	2004	(Decrease)		2003	2004	(Decrease)
	State of New Mexico	1.520	1.028	(0.492)		1.520	1.028	(0.492)
	City of Aztec	4.963	5.075	0.112		6.051	6.295	0.244
	Aztec Schools	7.266	5.362	(1.904)		7.494	5.582	(1.912)
	San Juan College	3.882	3.942	0.060		5.100	5.100	0.000
	City of Farmington	1.510	1.562	0.052		1.806	1.850	0.044
	Farmington Schools	9.757	9.794	0.037		9.887	9.943	0.056
	City of Bloomfield	5.898	6.605	0.707		7.955	8.571	0.616
	Bloomfield Schools	8.880	6.662	(2.218)		9.077	6.850	(2.227)
	Kirtland Schools	9.967	9.065	(0.902)		10.138	9.229	(0.909)
	San Juan County	6.050	6.661	0.611		8.000	8.500	0.500
	Comparison of Tax Rates		2003-2004
	By School District
		Residen	tial			Non-	Residential
				Increase				Increase
	School District	2003	2004	(Decrease)		2003	2004	(Decrease)
	Aztec 2-In	23.681	22.068	(1.613)		28.165	26.505	(1.660)
	Aztec 2-Out	18.718	16.993	(1.725)		22.114	20.210	(1.904)
	Farmington 5-IN	22.719	22.951	0.232		26.313	26.421	0.108
	Farmington 5-Out	21.209	21.425	0.216		24.507	24.571	0.064
	Bloomfield 6-In	26.230	24.898	(1.332)		31.562	30.049	(1.513)
	Bloomfield 6-Out	20.332	18.293	(2.039)		23.697	21.478	(2.219)
	Kirtland22	21.419	20.696	(0.723)		24.758	23.857	(0.901)
	Special61/20	24.616	23.598	(1.018)		30.069	28.781	(1.288)
				2003		2004	Inc./ (Dec.)
	Comparison	Residential		654,774,698		688,355,210	33,580,512
	of Net	Non-Residential		1,292,764,045		1,285,536,731	(7,227,314)
	Taxable Values	Oil & Gas Production		611,337,841		1,063,758,696	452,420,855
	2003 and 2004	Oil & Gas Equipment		122,162,009		215,736,050	93,574,041
		TOTAL		2,681,038,593		3,253,386,687	572,348,094