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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
                                                           070  Ellis

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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       535           $3,500,356,250    1.01       11.85             76.45                91.03             1.04
    RESIDENCES

B.  MULTI-FAMILY          0             $154,754,100     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0             $131,543,470     *           *                 *                    *                *

D.  RURAL REAL          144           $1,367,726,180    1.01       23.07             54.17                71.53             1.11

F1. COMMERCIAL REAL     105             $425,910,470     .99       14.92             60.95                82.86             1.10

F2. INDUSTRIAL REAL       0           $1,268,656,890     *           *                 *                    *                *

G.  OIL, GAS,             0                 $783,360     *           *                 *                    *                *
    MINERALS

J.  UTILITIES            30             $503,785,710     .98       12.86             66.67                93.33             1.00

L1. COMMERCIAL           47             $214,243,230    1.00        4.30             91.49                97.87              .99
    PERSONAL

L2. INDUSTRIAL            0           $1,106,682,980     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $41,931,320     *           *                 *                    *                *

O.  RESIDENTIAL           0              $47,203,320     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0              $12,816,210     *           *                 *                    *                *
    INVENTORY

    TOTALS:             861           $8,776,393,490    1.01       13.74             70.73                87.11             1.08


*   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