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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
19:33:31                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  126  Johnson

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        126-901    Alvarado                               0                   0           .00          .0000            .00
        126-902    Burleson                               0                   0           .00          .0000            .00
        126-903    Cleburne                               0                   0           .00          .0000            .00
        126-904    Grandview                              0                   0           .00          .0000            .00
        126-905    Joshua                                 0                   0           .00          .0000            .00
        126-906    Keene                                  0                   0           .00          .0000            .00
        126-907    Rio Vista                              0                   0           .00          .0000            .00
        126-908    Venus                                  0                   0           .00          .0000            .00
        126-911    Godley                                 0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:        215.40

        126-901    Alvarado                           2,033             267,166        131.41          .8338         179.60
        126-902    Burleson                           4,716             771,835        163.66         1.0384         223.67
        126-903    Cleburne                          34,876           5,490,136        157.42          .9988         215.14
        126-904    Grandview                         20,203           3,337,588        165.20         1.0482         225.78
        126-905    Joshua                             6,083             951,045        156.34          .9919         213.66
        126-906    Keene                                 39               6,405        164.23         1.0420         224.45
        126-907    Rio Vista                          9,360           1,407,715        150.40          .9543         205.56
        126-908    Venus                             10,003           1,565,029        156.46          .9927         213.83
        126-911    Godley                             1,111             139,708        125.75          .7979         171.87
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  88,424          13,936,627        157.61

IMPROVED PASTURE    -  PTD VALUE:         94.90

        126-901    Alvarado                          31,663           4,580,247        144.66          .9976          94.67
        126-902    Burleson                           5,665             823,185        145.31         1.0021          95.10
        126-903    Cleburne                          22,206           3,138,981        141.36          .9748          92.51
        126-904    Grandview                         17,307           2,495,466        144.19          .9943          94.36
        126-905    Joshua                            15,780           2,150,583        136.29          .9399          89.20
        126-906    Keene                                727             100,345        138.03          .9519          90.34
        126-907    Rio Vista                         10,979           1,763,398        160.62         1.1076         105.11
        126-908    Venus                              5,427             835,201        153.90         1.0613         100.72
        126-911    Godley                            29,956           4,371,285        145.92         1.0063          95.50
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 139,710          20,258,691        145.01

NATIVE PASTURE      -  PTD VALUE:         86.50

        126-901    Alvarado                           6,015             683,907        113.70         1.2852         111.17
        126-902    Burleson                             465              43,560         93.68         1.0589          91.59
        126-903    Cleburne                          33,610           2,940,213         87.48          .9888          85.53
        126-904    Grandview                          4,264             356,706         83.66          .9456          81.79
        126-905    Joshua                             3,079             240,162         78.00          .8817          76.27
        126-906    Keene                                  0                   0           .00          .0000            .00

6/27/04 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 2 19:33:31 2003 PROPERTY VALUE STUDY LS0010P INDEX CALCULATIONS APPRAISAL DISTRICT: 126 Johnson ----------------------------------------------------------------------------------------------------------------------------------- <--------- REPORTED VALUE -------------> INDEX PTD ADJUSTED SCHOOL DISTRICT ACRES PRODUCTIVITY $/ACRE FACTOR $/ACRE ----------------------------------------------------------------------------------------------------------------------------------- NATIVE PASTURE - PTD VALUE: 86.50 126-907 Rio Vista 21,693 1,927,347 88.85 1.0043 86.87 126-908 Venus 1,003 90,270 90.00 1.0173 88.00 126-911 Godley 36,974 3,192,897 86.36 .9762 84.44 --------- -------------- --------- ** CAD TOTALS 107,103 9,475,062 88.47 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 **