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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
21:22:52                                             2003 PROPERTY VALUE STUDY                                              LS0006P
                                                      ISD PRODUCTIVITY VALUES
                                              APPRAISAL DISTRICT:  227  Travis
                                              SCHOOL DISTRICT:   227-901  Austin

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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             1,559           217.21            338,634             191.37          298,346
                                 Barren                  25            24.64                616              24.64              616
                                 Orchard                  0                                   0                                   0
                                 Improved Past        1,334           137.95            184,019              97.32          129,825
                                 Native Pst          17,450            72.11          1,258,296             101.04        1,763,148
                                 Wildlife             2,925                             205,543                             296,057
                                 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                  758         7,828.64          5,934,109           7,828.64        5,934,109

                                 TOTALS:             24,051                          $7,921,217                          $8,422,101
                                 RATIO:         .9405

                                 --------------------------------------------------------------------------------------------------
                                                          Qualified         <--- PTD Value Estimate ---->
 WILDLIFE                        Category                   Acres           $/Acre           Productivity
                                 --------------------------------------------------------------------------------------------------
                                 Irrig Crop                       0                                     0
                                 Dry Crop                         6           191.37                1,148
                                 Barren                           0                                     0
                                 Orchard                          0                                     0
                                 Improved Pst                     7            97.32                  681
                                 Native Pst                   2,912           101.04              294,228
                                 Other                            0                                     0

                                 TOTALS:                      2,925                              $296,057

                                 --------------------------------------------------------------------------------------------------
                                                          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

                                        *** Appraisal District is not in a Timber Region ***


                                                       *** End of Report ***