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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
17:20:23                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  027  Burnet

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        027-903    Burnet CISD                           87               8,900        102.30         1.0010            .00
        027-904    Marble Falls                         289              29,527        102.17          .9997            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                     376              38,427        102.20

DRY CROPLAND        -  PTD VALUE:         70.50

        027-903    Burnet CISD                        4,318             314,834         72.91          .9999          70.49
        027-904    Marble Falls                         672              49,029         72.96         1.0005          70.54
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   4,990             363,863         72.92

IMPROVED PASTURE    -  PTD VALUE:         84.90

        027-903    Burnet CISD                       38,963           3,554,143         91.22         1.0060          85.41
        027-904    Marble Falls                      13,218           1,177,548         89.09          .9825          83.41
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  52,181           4,731,691         90.68

NATIVE PASTURE      -  PTD VALUE:         79.40

        027-903    Burnet CISD                      343,094          25,114,433         73.20          .9999          79.39
        027-904    Marble Falls                     127,608           9,344,713         73.23         1.0003          79.42
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 470,702          34,459,146         73.21

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 **