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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
20:00:34                                             2003 PROPERTY VALUE STUDY                                              LS0006P
                                                      ISD PRODUCTIVITY VALUES
                                              APPRAISAL DISTRICT:  154  Madison
                                              SCHOOL DISTRICT:   154-903  North Zulch

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                                 --------------------------------------------------------------------------------------------------
PRODUCTIVITY COMPARISON                           Qualified         <---- Reported Value ----->          <-- PTD Value Estimate -->
                                 Category           Acres           $/Acre         Productivity          $/Acre        Productivity
                                 --------------------------------------------------------------------------------------------------
                                 Irrig Crop               0                                   0                                   0
                                 Dry Crop                 0                                   0                                   0
                                 Barren                   0                                   0                                   0
                                 Orchard                  0                                   0                                   0
                                 Improved Past        7,080            75.22            532,590              86.47          612,208
                                 Native Pst          42,649            57.76          2,463,510              58.20        2,482,172
                                 Wildlife                 0                                   0                                   0
                                 Timb at Prod             0                                   0                                   0
                                 Timb at 1978             0                                   0                                   0
                                 Timb at Trans            0                                   0                                   0
                                 Timb at Restr            0                                   0                                   0
                                 Other                    0                                   0                                   0

                                 TOTALS:             49,729                          $2,996,100                          $3,094,380
                                 RATIO:         .9682

                                 --------------------------------------------------------------------------------------------------
                                                          Qualified         <--- PTD Value Estimate ---->
 WILDLIFE                        Category                   Acres           $/Acre           Productivity
                                 --------------------------------------------------------------------------------------------------
                                 Irrig Crop                       0                                     0
                                 Dry Crop                         0                                     0
                                 Barren                           0                                     0
                                 Orchard                          0                                     0
                                 Improved Pst                     0                                     0
                                 Native Pst                       0                                     0
                                 Other                            0                                     0

                                 TOTALS:                          0                                    $0

                                 --------------------------------------------------------------------------------------------------
                                                          Qualified         <--- PTD Value Estimate ---->
TIMBER IN TRANSITION             Category                   Acres           $/Acre           Productivity
                                 --------------------------------------------------------------------------------------------------
                                 Irrig Crop                       0                                     0
                                 Dry Crop                         0                                     0
                                 Barren                           0                                     0
                                 Orchard                          0                                     0
                                 Improved Pst                     0                                     0
                                 Native Pst                       0                                     0
                                 Wildlife                         0                                     0
                                 Other                            0                                     0

                                 TOTALS:                          0                                    $0

6/27/04 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 2 20:00:34 2003 PROPERTY VALUE STUDY LS0006P ISD PRODUCTIVITY VALUES APPRAISAL DISTRICT: 154 Madison SCHOOL DISTRICT: 154-903 North Zulch ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- TIMBER Forest Type/ Qualified <--- PTD Value Estimate ----> Class Percent Acres $/Acre Productivity -------------------------------------------------------------------------------------------------- 41 I .00 0 170.47 0 Hard II 12.75 0 97.97 0 Wood III 52.98 0 65.78 0 IV .00 0 36.88 0 42 I .00 0 570.00 0 Pine II .00 0 387.34 0 III 3.97 0 196.09 0 IV .00 0 265.00 0 43 I .00 0 429.38 0 Mixed II 7.65 0 300.47 0 III 22.67 0 173.28 0 IV .00 0 151.88 0 TOTALS: 0 $0 -------------------------------------------------------------------------------------------------- TIMBER AT RESTRICTED Forest Type/ Qualified <--- PTD Value Estimate ----> Class Percent Acres $/Acre Productivity -------------------------------------------------------------------------------------------------- 41 I .00 0 85.24 0 Hard II 12.75 0 48.99 0 wood III 52.98 0 32.89 0 IV .00 0 18.44 0 42 I .00 0 285.00 0 Pine II .00 0 193.67 0 wood III 3.97 0 98.05 0 IV .00 0 132.50 0 43 I .00 0 214.69 0 Mixed II 7.65 0 150.24 0 III 22.67 0 86.64 0 IV .00 0 75.94 0 TOTALS: 0 $0 *** End of Report ***