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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     17:33                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           040  Cochran

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                     NUMBER OF        2003 CAD REPT   MED LEV   COEFFICIENT     % RATIOS W/IN        % RATIOS W/IN     PRICE-RELATED
    CATEGORY         RATIOS **       APPRAISED VALUE  OF APPR  OF DISPERSION  (+/-)10% OF MEDIAN   (+/-)25% OF MEDIAN   DIFFERENTIAL
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A.  SINGLE-FAMILY        30              $21,007,890    1.01       15.48             50.00                73.33             1.03
    RESIDENCES

B.  MULTI-FAMILY          0                 $529,000     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0                 $368,600     *           *                 *                    *                *

D.  RURAL REAL           27             $130,960,110     .98       16.93             48.15                77.78             1.06

F1. COMMERCIAL REAL      21               $4,005,280     .98        8.36             66.67                90.48              .98

F2. INDUSTRIAL REAL       0               $4,340,020     *           *                 *                    *                *

G.  OIL, GAS,            31             $259,377,710     .99       12.47             54.84                90.32             1.00
    MINERALS

J.  UTILITIES             0              $20,323,990     *           *                 *                    *                *

L1. COMMERCIAL           20               $6,159,940     .99        3.28             95.00               100.00             1.00
    PERSONAL

L2. INDUSTRIAL            0               $7,910,420     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $1,151,950     *           *                 *                    *                *

O.  RESIDENTIAL           0                       $0     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0                       $0     *           *                 *                    *                *
    INVENTORY

    TOTALS:             129             $456,134,910     .99       12.10             61.24                86.05             1.02


*   NOT CALCULATED - NEED A MINIMUM OF 5 RATIOS FROM EITHER (A) CATEGORIES REPRESENTING AT LEAST 25% OF TOTAL
                     CAD CATEGORY VALUE OR (B) 5 ISDS OR HALF THE ISDS IN THE CAD, WHICHEVER IS LESS

**  STATISTICAL MEASURES MAY NOT BE RELIABLE WHEN THE SAMPLE IS SMALL