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 1/22/04                               COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                            Page:     1
13:26:14                                             2003 PROPERTY VALUE STUDY                                              LS0006P
                                                      ISD PRODUCTIVITY VALUES
                                              APPRAISAL DISTRICT:  045  Colorado
                                              SCHOOL DISTRICT:   045-905  Weimar

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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             1,040           308.08            320,400             285.29          296,702
                                 Barren                   0                                   0                                   0
                                 Orchard                  0                                   0                                   0
                                 Improved Past       22,927           129.98          2,980,028             115.55        2,649,215
                                 Native Pst          77,580            94.02          7,293,737              93.54        7,256,833
                                 Wildlife             2,150                             209,350                             206,232
                                 Timb at Prod            51                              10,290                              10,290
                                 Timb at 1978             0                                   0                                   0
                                 Timb at Trans            0                                   0                                   0
                                 Timb at Restr            0                                   0                                   0
                                 Other                    0                                   0                                   0

                                 TOTALS:            103,748                         $10,813,805                         $10,419,272
                                 RATIO:        1.0379

                                 --------------------------------------------------------------------------------------------------
                                                          Qualified         <--- PTD Value Estimate ---->
 WILDLIFE                        Category                   Acres           $/Acre           Productivity
                                 --------------------------------------------------------------------------------------------------
                                 Irrig Crop                       0                                     0
                                 Dry Crop                        15           285.29                4,279
                                 Barren                           0                                     0
                                 Orchard                          0                                     0
                                 Improved Pst                   102           115.55               11,786
                                 Native Pst                   2,033            93.54              190,167
                                 Other                            0                                     0

                                 TOTALS:                      2,150                              $206,232

                                 --------------------------------------------------------------------------------------------------
                                                          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 ***