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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
12:43:11                                             2003 PROPERTY VALUE STUDY                                              LS0010P
                                                         INDEX CALCULATIONS
                                              APPRAISAL DISTRICT:  008  Austin

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                                                 <--------- REPORTED VALUE ------------->          INDEX          PTD ADJUSTED
        SCHOOL DISTRICT                          ACRES          PRODUCTIVITY       $/ACRE          FACTOR         $/ACRE
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IRRIGATED CROPLAND  -  PTD VALUE:        312.90

        008-901    Bellville                             33              10,840        328.48          .9692         303.26
        008-902    Sealy                              3,295           1,074,080        325.97          .9618         300.95
        008-903    Brazos                             3,399           1,195,080        351.60         1.0374         324.60
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                   6,727           2,280,000        338.93

DRY CROPLAND        -  PTD VALUE:        267.20

        008-901    Bellville                          2,472             723,580        292.71          .9106         243.31
        008-902    Sealy                              7,757           2,281,340        294.10          .9149         244.46
        008-903    Brazos                            15,463           5,254,130        339.79         1.0570         282.43
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                  25,692           8,259,050        321.46

IMPROVED PASTURE    -  PTD VALUE:        107.10

        008-901    Bellville                         77,197          10,778,920        139.63          .9727         104.18
        008-902    Sealy                             28,385           3,972,890        139.96          .9750         104.42
        008-903    Brazos                             4,804           1,094,650        227.86         1.5873         170.00
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 110,386          15,846,460        143.55

NATIVE PASTURE      -  PTD VALUE:         70.10

        008-901    Bellville                        140,519          13,312,020         94.73          .8810          61.76
        008-902    Sealy                             68,605           6,586,830         96.01          .8929          62.59
        008-903    Brazos                            37,860           6,658,560        175.87         1.6355         114.65
                                                  ---------      --------------     ---------
      ** CAD TOTALS                                 246,984          26,557,410        107.53

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 **