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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
15:11:22                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  130  Kendall

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        130-901    Boerne                                 0                   0           .00          .0000            .00
        130-902    Comfort                                0                   0           .00          .0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                       0                   0           .00

DRY CROPLAND        -  PTD VALUE:         78.60

        130-901    Boerne                             4,732             444,800         94.00         1.0049          78.99
        130-902    Comfort                           10,875           1,015,070         93.34          .9979          78.43
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  15,607           1,459,870         93.54

IMPROVED PASTURE    -  PTD VALUE:         54.90

        130-901    Boerne                             3,885             257,360         66.24          .9876          54.22
        130-902    Comfort                            8,101             546,600         67.47         1.0060          55.23
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  11,986             803,960         67.07

NATIVE PASTURE      -  PTD VALUE:         39.90

        130-901    Boerne                           129,308           5,739,880         44.39         1.0309          41.13
        130-902    Comfort                          202,617           8,552,990         42.21          .9803          39.11
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 331,925          14,292,870         43.06

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 **