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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     18:11                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           069  Edwards

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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              $12,283,603     .89        7.08             73.33               100.00             1.02
    RESIDENCES

B.  MULTI-FAMILY          0                       $0     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0                 $465,109     *           *                 *                    *                *

D.  RURAL REAL           20             $260,497,968     .91       19.67             45.00                65.00              .94

F1. COMMERCIAL REAL       0               $3,721,815     *           *                 *                    *                *

F2. INDUSTRIAL REAL       0                       $0     *           *                 *                    *                *

G.  OIL, GAS,            37              $68,965,220     .99        5.24             91.89                97.30              .99
    MINERALS

J.  UTILITIES             4              $21,049,596     *           *                 *                    *                *

L1. COMMERCIAL            0               $2,922,694     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0               $6,896,924     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0                 $121,590     *           *                 *                    *                *

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

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

    TOTALS:              91             $376,924,519     .95        9.78             75.82                92.31              .95


*   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