##### Table of Contents



FORM 10-QSB

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

|           |  |                                                                    | 
|---------- |  | ------------------------------------------------------------------ | 
|(Mark One) | 
|[X]        |  | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
|           |  | EXCHANGE ACT OF 1934                                               | 

For the quarterly period ended March 31, 2003

| |    |  | 
| | -- |  | 
| | OR | 

|      |  |                                                                     | 
|----- |  | ------------------------------------------------------------------- | 
|[   ] |  | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
|      |  | EXCHANGE ACT OF 1934                                                | 

Commission File Number 0-18528

INCOME GROWTH PARTNERS, LTD. X

(Exact name of registrant as specified in its charter)

|                                                                          |  |                                                
|------------------------------------------------------------------------- |  | -----------------------------------------------
|CALIFORNIA
(State or other jurisdiction of
incorporation or organization) |  | 33-0294177
(I.R.S. Employer
Identification No.)

11230 Sorrento Valley Road, Suite 220, San Diego, California 92121
(Address of principal executive offices) (Zip Code)

(619) 457-2750

(Registrants telephone number, including area code)

(Former name, former address and former fiscal year,
if changed since last report)

Indicate by check mark whether the registration (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
filing requirements for the past 90 days. Yes [X] No
[   ]

The number of the registrants Original Limited Partnership Units outstanding
as of May 14, 2003 was 18,826.5. The number of the registrants Class A Units
outstanding as of May 14, 2003 was 8,100.





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TABLE OF CONTENTS



|                                         |                                                                                               |  |  |  |  |  |  | 
|---------------------------------------- | --------------------------------------------------------------------------------------------- |  |  |  |  |  |  | 
|PART I - FINANCIAL INFORMATION          
|                                         | ITEM 1. FINANCIAL STATEMENTS                                                                 
|                                         | ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
|PART II - OTHER INFORMATION             
|                                         | ITEM 1. LEGAL PROCEEDINGS:                                                                   
|                                         | ITEM 2. CHANGES IN SECURITIES:                                                               
|                                         | ITEM 3. DEFAULTS UPON SENIOR SECURITIES:                                                     
|                                         | ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS:                                 
|                                         | ITEM 5. OTHER INFORMATION:                                                                   
|                                         | ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K:                                                    
|SIGNATURES                              
|CERTIFICATION OF CHIEF EXECUTIVE OFFICER
|CERTIFICATION OF CHIEF FINANCIAL OFFICER
|EXHIBIT INDEX                           
|EXHIBIT 99.1                            
|EXHIBIT 99.2                            



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##### Table of Contents






PART I - FINANCIAL INFORMATION




ITEM 1. FINANCIAL STATEMENTS

INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

CONSOLIDATED BALANCE SHEETS

|                                                                                          |                                          |   |             |             |              |   |            |             |  
|----------------------------------------------------------------------------------------- | ---------------------------------------- | - | ----------- | ----------- | ------------ | - | ---------- | ----------- | -
|                                                                                          |                                          |   | March 31,   |             |             
|                                                                                          |                                          |   | 2003        |             | December
31,
|                                                                                          |                                          |   | (unaudited) |             | 2002        
|                                                                                          |                                          |   |             |             |             
|ASSETS                                                                                    |                                          |   |             |             |              |   |            |            
|Rental properties                                                                         |                                          |   |             |             |              |   |            |            
|                                                                                          | Land                                     |   | $           | 7,078,365   |              |   | $          | 7,078,365   |  
|                                                                                          | Buildings and improvements               |   |             | 22,960,125  |              |   |            | 22,907,239  |  
|                                                                                          |                                          |   |             |             |              |   |            |            
|                                                                                          |                                          |   | 30,038,490  |             |              |   | 29,985,604 |            
|                                                                                          | Less accumulated depreciation            |   |             | (13,137,158 | )            |   |            | (12,909,758 | )
|                                                                                          |                                          |   |             |             |              |   |            |            
|                                                                                          |                                          |   | 16,901,332  |             |              |   | 17,075,846 |            
|Cash and cash equivalents                                                                 |                                          |   | 656,434     |             |              |   | 604,969    |            
|Deferred loan fees, net of accumulated amortization
of $438,427 and $415,758 respectively |                                          |   | 338,756     |             |              |   | 361,425    |            
|Prepaids and other assets                                                                 |                                          |   | 316,630     |             |              |   | 182,775    |            
|                                                                                          |                                          |   |             |             |              |   |            |            
|                                                                                          |                                          | $ | 18,213,152  |             |              | $ | 18,225,015 |            
|                                                                                          |                                          |   |             |             |              |   |            |            
|LIABILITIES AND PARTNERS CAPITAL (DEFICIT)                                               |                                          |   |             |             |              |   |            |            
|Mortgage loans payable                                                                    |                                          | $ | 18,622,141  |             |              | $ | 18,689,960 |            
|Other liabilities                                                                         |                                          |   |             |             |              |   |            |            
|                                                                                          | Accounts payable and accrued liabilities |   |             | 287,623     |              |   |            | 144,320     |  
|                                                                                          | Accrued interest payable                 |   |             | 122,317     |              |   |            | 122,317     |  
|                                                                                          | Security deposits                        |   |             | 225,305     |              |   |            | 233,005     |  
|                                                                                          |                                          |   |             |             |              |   |            |            
|                                                                                          |                                          |   | 19,257,386  |             |              |   | 19,189,602 |            
|Commitments and contingencies                                                             |                                          |   |             |             |              |   |            |            
|Partners capital (deficit)                                                               |                                          |   | (1,034,234  | )           |              |   | (954,587   | )          
|Note receivable from general partner                                                      |                                          |   | (10,000     | )           |              |   | (10,000    | )          
|                                                                                          |                                          |   |             |             |              |   |            |            
|                                                                                          |                                          | $ | 18,213,152  |             |              | $ | 18,225,015 |            
|                                                                                          |                                          |   |             |             |              |   |            |            

The accompanying notes are an integral part of these financial statements.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED MARCH 31, 2003 AND 2002

|                                                    |                                         |                |         |             |           |             |         |           |           | 
|--------------------------------------------------- | --------------------------------------- | -------------- | ------- | ----------- | --------- | ----------- | ------- | --------- | --------- | 
|                                                    |                                         |                |         | 2003        |           | 2002       
|                                                    |                                         |                |         | (unaudited) |           | (unaudited)
|REVENUES                                            |                                         |                |         |             |           |             |         |          
|                                                    | Rents                                   |                | $       | 1,348,433   |           |             | $       | 1,281,120 |          
|                                                    | Other                                   |                |         | 110,867     |           |             |         | 70,723    |          
|                                                    |                                         |                |         |             |           |             |         |          
|                                                    |                                         | Total revenues |         |             | 1,459,300 |             |         |           | 1,351,843 | 
|                                                    |                                         |                |         |             |           |             |         |          
|EXPENSES                                            |                                         |                |         |             |           |             |         |          
|                                                    | Operating expenses                      |                |         | 689,943     |           |             |         | 620,732   |          
|                                                    | Depreciation and amortization           |                |         | 250,069     |           |             |         | 234,344   |          
|                                                    | Interest                                |                |         | 355,935     |           |             |         | 360,735   |          
|                                                    |                                         |                |         |             |           |             |         |          
|                                                    |                                         | Total expenses |         |             | 1,295,947 |             |         |           | 1,215,811 | 
|                                                    |                                         |                |         |             |           |             |         |          
|Net income                                          |                                         | $              | 163,353 |             |           | $           | 136,032 |          
|                                                    |                                         |                |         |             |           |             |         |          
|BASIC AND DILUTED PER LIMITED PARTNERSHIP
UNIT DATA |                                         |                |         |             |           |             |         |          
|                                                    | Net income per limited partnership unit |                | $       | 5.16        |           |             | $       | 4.29      |          
|                                                    |                                         |                |         |             |           |             |         |          
|DISTRIBUTIONS PER CLASS A LIMITED UNIT HOLDER       |                                         | $              | 30.00   |             |           | $           | 24.98   |          
|                                                    |                                         |                |         |             |           |             |         |          
|Weighted average limited partnership units          |                                         |                | 26,926  |             |           |             | 26,926  |          
|                                                    |                                         |                |         |             |           |             |         |          

The accompanying notes are an integral part of these financial statements.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS ENDED MARCH 31, 2003 AND 2002

|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |             |         |        |          |  
|------------------------------------------------ | -------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------- | ----------------- | ------------------------------------------ | -------- | ----------- | -------- | ----------- | ------- | ------ | -------- | -
|                                                 |                                                                                  |                                                                                              |                   |                                            |          | 2003        |          | 2002       
|                                                 |                                                                                  |                                                                                              |                   |                                            |          | (unaudited) |          | (unaudited)
|CASH FLOWS FROM OPERATING ACTIVITIES             |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 | Net income                                                                       |                                                                                              | $                 | 163,353                                    |          |             | $        | 136,032     |        
|                                                 | Adjustments to reconcile net income to net cash provided by
operating activities |                                                                                              |                   |                                            |          |             |          |             |        
|                                                 |                                                                                  | Depreciation and amortization                                                                |                   |                                            | 250,069  |             |          |             | 234,344 |       
|                                                 |                                                                                  | (Increase)
/ Decrease in  Prepaid expenses and other assets                                  |                   |                                            | (133,855 | )           |          |             | (41,490 | )     
|                                                 |                                                                                  | Increase
/ (Decrease) in  Accounts payable, accrued liabilities and accrued
interest payable |                   |                                            | 143,303  |             |          |             | 172,393 |       
|                                                 |                                                                                  |                                                                                              | Security deposits |                                            |          | (7,700      | )        |             |         | (5,161 | )       
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 |                                                                                  |                                                                                              |                   | Net cash provided by operating activities  |          |             | 415,170  |             |         |        | 496,118  |  
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|CASH FLOWS FROM INVESTING ACTIVITIES             |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 | Capital expenditures                                                             |                                                                                              |                   | (52,886                                    | )        |             |          | (175,351    | )      
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 |                                                                                  |                                                                                              |                   | Net cash used in investing activities      |          |             | (52,886  | )           |         |        | (175,351 | )
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|CASH FLOWS FROM FINANCING ACTIVITIES             |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 | Principal payments under mortgage debt                                           |                                                                                              |                   | (67,819                                    | )        |             |          | (63,019     | )      
|                                                 | Distributions to Investors                                                       |                                                                                              |                   | (243,000                                   | )        |             |          | (202,332    | )      
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 |                                                                                  |                                                                                              |                   | Net cash used in financing activities      |          |             | (310,819 | )           |         |        | (266,351 | )
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 |                                                                                  |                                                                                              |                   | Net increase in cash and cash equivalents  |          |             | 51,465   |             |         |        | 55,416   |  
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|Cash and cash equivalents at beginning of period |                                                                                  |                                                                                              | 604,969           |                                            |          |             | 429,729  |            
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            
|                                                 |                                                                                  |                                                                                              |                   | Cash and cash equivalents at end of period |          | $           | 656,434  |             |         | $      | 485,145  |  
|                                                 |                                                                                  |                                                                                              |                   |                                            |          |             |          |            

The accompanying notes are an integral part of these financial statements.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2003 AND 2002

The accompanying unaudited consolidated financial statements of Income Growth
Partners, Ltd. X, a California limited partnership, and subsidiaries (the
Partnership) have been prepared pursuant to the rules and regulations of the
Securities and Exchange Commission. Certain information and note disclosures
normally included in annual financial statements prepared in accordance with
accounting principles generally accepted in the United States of America have been condensed or omitted
pursuant to those rules and regulations, although the Partnership believes that
the disclosures made are adequate to make the information presented not
misleading. These consolidated financial statements should be read in
conjunction with the consolidated financial statements and the notes thereto
included in the Partnerships latest audited financial statements for the year
ended December 31, 2002, filed on Form 10-KSB.

The accompanying consolidated financial statements have not been audited by
independent public accountants, but include all adjustments (consisting of
normal recurring adjustments) which are, in the opinion of the general
partners, necessary for a fair presentation of the financial condition, results
of operations and cash flows for the periods presented. However, these results
are not necessarily indicative of results for a full year.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2003 AND 2002




ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

The following Managements Discussion and Analysis of Financial Condition and
Results of Operations should be read in conjunction with the financial
statements and notes thereto filed herewith.

a. Critical Accounting Standards

Rental revenues are recognized at the beginning of each month based on the
current occupancy of the apartments. Tenant leases are generally for a minimum
term of six months with an option to rent on a month-to-month basis.

Land, buildings, and improvements are recorded at cost. Buildings and
improvements are depreciated using the straight-line method over the estimated
useful lives of 27.5 and 5 to 15 years, respectively. Expenditures for
maintenance and repairs are charged to expense as incurred. Significant
renovations are capitalized and depreciated over the remaining life of the
property. The Partnership assesses its property for impairment whenever events
or changes in circumstances indicate that the carrying amount of the property
may not be recoverable. Recoverability of property to be held and used is
measured by a comparison of the carrying amount of the property to future
undiscounted net cash flows expected to be generated by the property. If the
property is considered to be impaired, the impairment to be recognized is
measured by the amount by which the carrying amount of the property exceeds the
fair value of the property. The cost and related accumulated depreciation of
real estate are removed from the accounts upon disposition. Gains and losses
arising from the dispositions are reported as income or expense.

b. Liquidity and Capital Resources:

Since inception, the Partnerships operating and debt service obligations have
been financed through the sale of Partnership Units, cash provided by operating
activities, and 1995 debt restructuring activities. During the three months

ended March 31, 2003, all of the Partnerships operating and debt service cash
requirements have been met through cash generated from operations.

The Mission Park mortgage was refinanced in December 1995 at a fixed interest
rate of 7.76%. The Shadowridge Meadows mortgage was refinanced in October 1997
at a fixed interest rate of 7.49%.

In the event that one or more of the properties is unable to support its debt
service and the Partnership is unable to cover operational shortfalls from cash
reserves, the Partnership may have to take one or more alternative courses of
action. The general partners would then determine, based on their analysis of
relevant economic conditions and the status of the properties, a course of
action intended to be consistent with the best interests of the Partnership.
Possible courses of action might include the sacrifice, sale or refinancing of
one or more of the properties, the entry into one or more joint venture
partnerships with other entities, or the filing of another bankruptcy petition.

Net cash provided by operating activities for the three months ended March 31,
2003, was approximately $415,000 compared to approximately $496,000 for the
same period in 2002. The principal reasons for this decrease can be attributed
to an increase in prepaid expenses and a decrease in accounts payable.

Net cash used in investing activities for the three months ended March 31,
2003, was approximately $53,000 compared to approximately $175,000 for the same
period in 2002. The principal reason for this decrease was a decrease in
capital expenditures.

Net cash used in financing activities for the three months ended March 31,
2003, was approximately $311,000 compared to approximately $266,000 for the
same period in 2002. The principal reason for this increase was an increase in
distributions to investors.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2003 AND 2002

b. Liquidity and Capital Resources
 (Continued):

In October, 2001 the FASB issued SFAS No. 144, Accounting for the Impairment
or Disposal of Long-Lived Assets. SFAS No. 144 establishes a single
accounting model, based on the framework established in SFAS No. 121,
Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets
to be Disposed Of , for long-lived assets to be disposed of by sale, and
resolves significant implementation issues related to SFAS No. 121. The
adoption of this statement had no material impact on the Partnerships financial
statements.

In April 2002, the Financial Accounting Standards Board (FASB) issued
Statement of Financial Accounting Standards (SFAS) No. 145, Rescission of
FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and
Technical Corrections. SFAS No. 145 rescinds SFAS No. 4, Reporting Gains and
Losses from Extinguishment of Debt, and an amendment of that SFAS, SFAS No.
64, Extinguishment of Debt Made to Satisfy Sinking-Fund Requirements. SFAS
No. 145 also rescinds SFAS No. 44, Accounting for Intangible Assets of Motor
Carriers. Further, SFAS No. 145 amends SFAS No. 13, Accounting for Leases,
to eliminate an inconsistency between the required accounting for
sale-leaseback transactions and the required accounting for certain lease
modifications that have economic effects that are similar to sale-leaseback
transactions. SFAS No. 145 also amends other existing authoritative
pronouncements to make various technical corrections, clarify meanings, or
described their applicability under changed conditions. This pronouncement
requires gains and losses from extinguishment of debt to be classified as an
extraordinary item only if the criteria in Accounting Principles Board Opinion
No. 30, Reporting the Results of OperationsReporting the Effects of Disposal
of a Segment of a Business, and Extraordinary, Unusual and Infrequently
Occurring Events and Transactions, have been met. Further, lease modifications
with economic effects similar to sale-leaseback transactions must be accounted
for in the same manner as sale-leaseback transactions. The provisions of SFAS
No. 145 related to the rescission of SFAS No. 4 shall be applied in fiscal
years beginning after May 15, 2002. The provisions of SFAS No. 145 related to
Statement 13 shall be effective for transactions occurring after May 15, 2002,
with early application encouraged. The adoption of SFAS No. 145 did not have a
material impact on the Partnerships consolidated financial position or results of
operations for the three months ended March 31, 2003.

In June 2002, the FASB issued SFAS No. 146, Accounting for Costs Associated
with Exit or Disposal Activities. SFAS No. 146 deals with the accounting
and reporting for costs associated with exit or disposal activities and
certain other costs associated with those activities, which were previously
recognized as liabilities that did not meet the definitions of a liability.
The Partnership is required to adopt the provisions of SFAS No. 146 during
the first quarter of 2003. The adoption of this statement had no
material impact on the Partnerships financial statements.

c. Results of Operations:



| |  | COMPARISON OF THREE MONTHS
ENDED MARCH 31, 2003, TO THE THREE
| |  | -------------------------------------------------------------
| |  | MONTHS ENDED MARCH 31, 2002.                                 

Rental revenue for the three months ended March 31, 2003, was approximately
$1,348,000, an increase of 5% over rents of approximately $1,281,000 for the
comparable period in 2002. The increase is primarily attributable to an
increase in monthly tenant rental rates and steady average occupancy rates.

Operating expenses for the three months ended March 31, 2003, were
approximately $690,000, an increase of 11% over operating expenses of
approximately $621,000 for the comparable period in 2002. The increase is
primarily attributable to a increase in property and administration expenses.

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2003 AND 2002




PART II - OTHER INFORMATION




ITEM 1.   LEGAL PROCEEDINGS:

There are no pending legal proceedings which may have a material adverse effect
on the Partnership. However, the Partnership is involved in small claims court
proceedings against certain present or former tenants of its apartment
complexes with regard to landlord-tenant matters, all of which are considered
to be in the ordinary course of its business.




ITEM 2.   CHANGES IN SECURITIES:

None




ITEM 3.   DEFAULTS UPON SENIOR SECURITIES:

None




ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS:

None




ITEM 5.   OTHER INFORMATION:

None




ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K:

On
March 11, 2003, Form 8-K was filed to report the engagement of PKF as
the Partnership's independent auditors' effective December 10, 2002.

Exhibits: 99.1 & 99.2

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INCOME GROWTH PARTNERS, LTD. X
AND SUBSIDIARIES,
A CALIFORNIA LIMITED PARTNERSHIP




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date: May 14, 2003

| |  |                                                                  |                                                                                             |                      
| |  | ---------------------------------------------------------------- | ------------------------------------------------------------------------------------------- | ---------------------
| |  | INCOME GROWTH PARTNERS, LTD. X,
a California Limited Partnership
| |  |                                                                 
| |  | By:                                                              | Income Growth Management, Inc.
    General Partner                                         
| |  |                                                                 
| |  |                                                                  | By:                                                                                         | /s/ Timothy C. Maurer
| |  |                                                                  |                                                                                             |                      
| |  |                                                                  | Timothy C. Maurer
Principal Financial Officer AND
Duly Authorized Officer of the Registrant

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INCOME GROWTH PARTNERS, LTD. X
A California Limited Partnership
CERTIFICATION OF CHIEF EXECUTIVE OFFICER

Section 302 Certification

I, David W. Maurer, certify that:

1.          I have reviewed this quarterly report on Form 10-QSB of
INCOME GROWTH PARTNERS, LTD. X, a California Limited Partnership (the
registrant);

2.          Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements made, in light of the circumstances under
which such statements were made, not misleading with respect to the period
covered by this quarterly report;

3.          Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition, results of operations and cash
flows of the registrant as of, and for, the periods presented in this quarterly
report;

4.          The registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

| |  |                                                                                                                                                                                                                                                                                                       
| |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | a)     designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within
those entities, particularly during the period in which this
quarterly report is being prepared;
| |  |                                                                                                                                                                                                                                                                                                       
| |  | b)     evaluated the effectiveness of the registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this quarterly report (the Evaluation Date); and                                                                                                  
| |  |                                                                                                                                                                                                                                                                                                       
| |  | c)     presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;                                                                                                                        

5.          The registrants other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrants auditors and the audit
committee of registrants board of directors (or persons performing the
equivalent function):

| |  |                                                                                                                                                                                                                                                                                                      
| |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | a)     all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrants
ability to record, process, summarize and report financial data and
have identified for the registrants auditors any material
weaknesses in internal controls; and
| |  |                                                                                                                                                                                                                                                                                                      
| |  | b)     any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrants
internal controls; and                                                                                                                                        

6.          The registrants other certifying officers and I have indicated in
this quarterly report whether or not there were significant changes in
internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies and
material weaknesses.

Date: May 14, 2003

| |     |                                        
| | --- | ---------------------------------------
| | By: | /s/ David W. Maurer                    
| |     |                                        
| |     | David W. Maurer
Chief Executive Officer

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INCOME GROWTH PARTNERS, LTD. X
A California Limited Partnership
CERTIFICATION OF CHIEF FINANCIAL OFFICER

Section 302 Certification

I, Timothy C. Maurer, certify that:

1.          I have reviewed this quarterly report on Form 10-QSB of
INCOME GROWTH PARTNERS, LTD. X, a California Limited Partnership (the
registrant);

2.          Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements made, in light of the circumstances under
which such statements were made, not misleading with respect to the period
covered by this quarterly report;

3.          Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition, results of operations and cash
flows of the registrant as of, and for, the periods presented in this quarterly
report;

4.          The registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

| |  |                                                                                                                                                                                                                                                                                                       
| |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  | a)     designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within
those entities, particularly during the period in which this
quarterly report is being prepared;
|
| |  | b)     evaluated the effectiveness of the registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this quarterly report (the Evaluation Date); and                                                                                                  
|
| |  | c)     presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;                                                                                                                        

5.          The registrants other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrants auditors and the audit
committee of registrants board of directors (or persons performing the
equivalent function):

| |  |                                                                                                                                                                                                                                                                                                      
| |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | a)     all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrants
ability to record, process, summarize and report financial data and
have identified for the registrants auditors any material
weaknesses in internal controls; and
|
| |  | b)     any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrants
internal controls; and                                                                                                                                        

6.          The registrants other certifying officers and I have indicated in
this quarterly report whether or not there were significant changes in
internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies and
material weaknesses.

Date: May 14, 2003

| |     |                                          
| | --- | -----------------------------------------
| | By: | /s/ Timothy C. Maurer                    
| |     |                                          
| |     | Timothy C. Maurer
Chief Financial Officer

11



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##### Table of Contents






EXHIBIT INDEX

|               |  |                                                                                                                             
|-------------- |  | ----------------------------------------------------------------------------------------------------------------------------
|EXHIBIT NUMBER |  | DESCRIPTION                                                                                                                 
|               |  |                                                                                                                             
|99.1           |  | CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
SARBANES-OXLEY ACT OF 2002 - CEO
|               |  |                                                                                                                             
|99.2           |  | CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED
PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - CFO