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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
20:47:42                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  198  Robertson

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

IRRIGATED CROPLAND  -  PTD VALUE:        414.50

        198-901    Bremond                              201              60,000        298.51          .8355         346.31
        198-902    Calvert                            3,905           1,338,670        342.81          .9594         397.67
        198-903    Franklin                             753             225,710        299.75          .8389         347.72
        198-905    Hearne                             6,538           2,409,440        368.53         1.0314         427.52
        198-906    Mumford                            7,779           2,817,720        362.22         1.0138         420.22
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  19,176           6,851,540        357.30

DRY CROPLAND        -  PTD VALUE:        201.10

        198-901    Bremond                            1,079             209,110        193.80          .9568         192.41
        198-902    Calvert                            5,869           1,196,250        203.83         1.0063         202.37
        198-903    Franklin                             583             131,480        225.52         1.1134         223.90
        198-905    Hearne                             3,463             705,140        203.62         1.0053         202.17
        198-906    Mumford                            6,292           1,259,370        200.15          .9882         198.73
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  17,286           3,501,350        202.55

IMPROVED PASTURE    -  PTD VALUE:         98.50

        198-901    Bremond                           43,526           4,127,100         94.82          .9942          97.93
        198-902    Calvert                           14,953           1,420,800         95.02          .9963          98.14
        198-903    Franklin                          63,676           6,105,400         95.88         1.0053          99.02
        198-905    Hearne                            15,889           1,491,210         93.85          .9841          96.93
        198-906    Mumford                            2,809             288,570        102.73         1.0772         106.10
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 140,853          13,433,080         95.37

NATIVE PASTURE      -  PTD VALUE:         47.00

        198-901    Bremond                           42,766           2,182,650         51.04         1.0883          51.15
        198-902    Calvert                           33,498           1,605,550         47.93         1.0220          48.03
        198-903    Franklin                          92,888           4,167,930         44.87          .9567          44.96
        198-905    Hearne                            21,057             971,140         46.12          .9834          46.22
        198-906    Mumford                            4,349             197,560         45.43          .9687          45.53
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 194,558           9,124,830         46.90

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 **