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 6/27/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
21:24:35                                             2003 PROPERTY VALUE STUDY                                              LS0006P
                                                      ISD PRODUCTIVITY VALUES
                                              APPRAISAL DISTRICT:  228  Trinity
                                              SCHOOL DISTRICT:   228-905  Apple Springs

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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                 6           125.00                750             125.00              750
                                 Barren                   0                                   0                                   0
                                 Orchard                  7           398.43              2,789             398.43            2,789
                                 Improved Past        1,609           125.03            201,173              86.40          139,018
                                 Native Pst          17,417            70.00          1,219,154              70.98        1,236,259
                                 Wildlife                 0                                   0                                   0
                                 Timb at Prod        35,488                          13,582,656                          10,533,678
                                 Timb at 1978             0                                   0                                   0
                                 Timb at Trans          161                              11,297                              11,428
                                 Timb at Restr        3,352                             546,003                             497,515
                                 Other                    0                                   0                                   0

                                 TOTALS:             58,040                         $15,563,822                         $12,421,437
                                 RATIO:        1.2530

                                 --------------------------------------------------------------------------------------------------
                                                          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                     161            70.98               11,428
                                 Wildlife                         0                                     0
                                 Other                            0                                     0

                                 TOTALS:                        161                               $11,428

6/27/04 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 2 21:24:35 2003 PROPERTY VALUE STUDY LS0006P ISD PRODUCTIVITY VALUES APPRAISAL DISTRICT: 228 Trinity SCHOOL DISTRICT: 228-905 Apple Springs ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- TIMBER Forest Type/ Qualified <--- PTD Value Estimate ----> Class Percent Acres $/Acre Productivity -------------------------------------------------------------------------------------------------- 41 I 2.33 827 146.09 120,816 Hard II 6.49 2,303 76.56 176,318 Wood III .97 344 50.78 17,468 IV .00 0 25.31 0 42 I 3.00 1,065 511.72 544,982 Pine II 27.19 9,649 339.06 3,271,590 III 2.04 724 157.19 113,806 IV .00 0 247.19 0 43 I 19.10 6,778 392.19 2,658,264 Mixed II 36.75 13,042 269.69 3,517,297 III 2.14 759 149.06 113,137 IV .00 0 137.03 0 TOTALS: 35,488 $10,533,678 -------------------------------------------------------------------------------------------------- TIMBER AT RESTRICTED Forest Type/ Qualified <--- PTD Value Estimate ----> Class Percent Acres $/Acre Productivity -------------------------------------------------------------------------------------------------- 41 I 2.33 78 73.05 5,698 Hard II 6.49 218 38.28 8,345 wood III .97 33 25.39 838 IV .00 0 12.66 0 42 I 3.00 101 255.86 25,842 Pine II 27.19 911 169.53 154,442 wood III 2.04 68 78.60 5,345 IV .00 0 123.60 0 43 I 19.10 640 196.10 125,504 Mixed II 36.75 1,232 134.85 166,135 III 2.14 72 74.53 5,366 IV .00 0 68.52 0 TOTALS: 3,352 $497,515 *** End of Report ***