Comparison of Tax Rates		2002-2003
By Taxing Entity
	Reside	ntial			Non-	Residential
			Increase				Increase
Taxing Entity	2002	2003	(Decrease)		2002	2003	(Decrease)
State of New Mexico	1.123	1.520	0.397		1.123	1.520	0.397
City of Aztec	5.167	4.963	(0.204)		6.355	6.051	(0.304)
Aztec Schools	4.083	7.266	3.183		4.335	7.494	3.159
San Juan College	4.010	3.882	(0.128)		5.100	5.100	0.000
City of Farmington	1.584	1.510	(0.074)		1.905	1.806	(0.099)
Farmington Schools	10.346	9.757	(0.589)		10.469	9.887	(0.582)
City of Bloomfield	6.085	5.898	(0.187)		8.010	7.955	(0.055)
Bloomfield Schools	6.806	8.880	2.074		6.995	9.077	2.082
Kirtland Schools	9.960	9.967	0.007		10.134	10.138	0.004
San Juan County	6.285	6.050	(0.235)		8.000	8.000	0.000
Comparison of Tax Rates		2002-2003
By School District
	Reside	ntial			Non-	Residential
			Increase				Increase
School District	2002	2003	(Decrease)		2002	2003	(Decrease)
Aztec 2-In	20.668	23.681	3.013		24.913	28.165	3.252
Aztec 2-Out	15.501	18.718	3.217		18.558	22.114	3.556
Farmington 5-IN	23.348	22.719	(0.629)		26.597	26.313	(0.284)
Farmington 5-Out	21.764	21.209	(0.555)		24.692	24.507	(0.185)
Bloomfield 6-In	24.309	26.230	1.921		29.228	31.562	2.334
Bloomfield 6-Out	18.224	20.332	2.108		21.218	23.697	2.479
Kirtland22	21.378	21.419	0.041		24.357	24.758	0.401
Special61/20	21.586	24.616	3.030		26.568	30.069	3.501
			2002		2003	Inc./ (Dec.)
Comparison	Residential		597,713,365		654,774,698	57,061,333
of Net	Non-Residential		1,279,539,809		1,292,764,045	13,224,236
Taxable Values	Oil & Gas Production		1,029,947,087		611,337,841	(418,609,246)
2002 and 2003	Oil & Gas Equipment		198,891,827		122,162,009	(76,729,818)
	TOTAL		3,106,092,088		2,681,038,593	(425,053,495)