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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
17:19:22                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  026  Burleson

-----------------------------------------------------------------------------------------------------------------------------------
                                                 <--------- REPORTED VALUE ------------->          INDEX          PTD ADJUSTED
        SCHOOL DISTRICT                          ACRES          PRODUCTIVITY       $/ACRE          FACTOR         $/ACRE
-----------------------------------------------------------------------------------------------------------------------------------

IRRIGATED CROPLAND  -  PTD VALUE:        345.90

        026-901    Caldwell                           3,367           1,178,660        350.06         1.0063         348.08
        026-902    Somerville                             0                   0           .00          .0000            .00
        026-903    Snook                              7,014           2,432,700        346.83          .9970         344.86
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  10,381           3,611,360        347.88

DRY CROPLAND        -  PTD VALUE:        272.50

        026-901    Caldwell                           8,145           1,355,920        166.47          .9993         272.31
        026-902    Somerville                           134              17,250        128.73          .7727         210.56
        026-903    Snook                             20,413           3,406,760        166.89         1.0018         272.99
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  28,692           4,779,930        166.59

IMPROVED PASTURE    -  PTD VALUE:         99.50

        026-901    Caldwell                          53,389           5,574,190        104.41         1.0505         104.52
        026-902    Somerville                        12,754             917,160         71.91          .7235          71.99
        026-903    Snook                             14,821           1,555,690        104.97         1.0561         105.08
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  80,964           8,047,040         99.39

NATIVE PASTURE      -  PTD VALUE:         59.70

        026-901    Caldwell                         154,025          10,404,710         67.55         1.0207          60.94
        026-902    Somerville                        34,787           2,044,370         58.77          .8880          53.01
        026-903    Snook                             64,389           4,308,050         66.91         1.0110          60.36
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 253,201          16,757,130         66.18

SCHOOL DISTRICT ACREAGES AND PRODUCTIVITY VALUE TOTALS INCLUDE LAND RECLASSIFIED TO WILDLIFE AND TIMBER IN TRANSITION.
INDEX CALCULATIONS BASED ON ISD VALUES PER ACRE DIVIDED BY CAD AVERAGE VALUE PER ACRE.

                                                        ** End of Report **