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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 15:38                  Property Tax Division                  RPT: UTL7000
                           2003 Property Value Study
                         Utilities Category Worksheet
                             LLANO / 150-901-150
                                 LLANO / 150

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    Company         ISD Appraised              PTD Market           Indicated
    Number              Value                    Value                Ratio
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                       No Sample Found For This District



   Totals:                      0                        0           1.0000


            Utility Weighted Mean Ratio For Sample:                  1.0000

            Total Self-Reported Utility Value (J1-J8):           24,994,600

            Divided By ISD Utility Weighted Mean Ratio:              1.0000

            Estimated PTD Utility Market Value:                  24,994,600