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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     18:16                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           072  Erath

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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       445             $419,692,280     .98       12.17             69.66                92.13             1.04
    RESIDENCES

B.  MULTI-FAMILY          0              $25,432,400     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS         131              $36,294,475    1.00       11.03             75.57                86.26             1.02

D.  RURAL REAL          105           $1,192,145,203     .98       21.18             40.00                70.48              .97

F1. COMMERCIAL REAL      91             $168,754,451     .97       25.30             36.26                62.64             1.04

F2. INDUSTRIAL REAL       0              $24,875,337     *           *                 *                    *                *

G.  OIL, GAS,            42              $12,154,730    1.00        5.43             85.71                95.24              .99
    MINERALS

J.  UTILITIES            13              $93,272,370     *           *                 *                    *                *

L1. COMMERCIAL           49              $93,868,828    1.00        4.31             87.76               100.00              .99
    PERSONAL

L2. INDUSTRIAL            0             $111,272,710     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $23,075,500     *           *                 *                    *                *

O.  RESIDENTIAL           0               $8,412,965     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $6,203,100     *           *                 *                    *                *
    INVENTORY

    TOTALS:             876           $2,215,454,349    1.00       13.57             64.95                86.19             1.04


*   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