rows = arcpy.SearchCursor("lyr_sort")
row = rows.next()
xState = 9.2
y = 9.25
while row:
stateValue = row.getValue("PROJECT_STATE")
for elm in MAP.ListLayoutElements(MXD, "TEXT_ELEMENT"):
if elm.text == "StateText":
#copy value here to something unique
elm.text = (str(stateValue) + "\n")
elm.elementPositionX = xState
elm.elementPositionY = str(y - 0.25)
row = rows.next()