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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
15:38:05                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  150  Llano

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

IRRIGATED CROPLAND  -  PTD VALUE:           .00

        150-901    Llano                                421              63,170        150.05         1.0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                     421              63,170        150.05

DRY CROPLAND        -  PTD VALUE:           .00

        150-901    Llano                                841              61,470         73.09         1.0000            .00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                     841              61,470         73.09

IMPROVED PASTURE    -  PTD VALUE:         68.80

        150-901    Llano                              4,647             435,430         93.70         1.0000          68.80
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   4,647             435,430         93.70

NATIVE PASTURE      -  PTD VALUE:         71.30

        150-901    Llano                            462,720          32,436,023         70.10         1.0000          71.30
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 462,720          32,436,023         70.10

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 **