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

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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       159             $263,771,590    1.01       12.52             57.23                88.05             1.03
    RESIDENCES

B.  MULTI-FAMILY          0               $3,066,250     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0              $33,120,390     *           *                 *                    *                *

D.  RURAL REAL           96             $513,448,630    1.00       18.23             39.58                77.08             1.02

F1. COMMERCIAL REAL       0              $45,776,720     *           *                 *                    *                *

F2. INDUSTRIAL REAL       0             $771,923,150     *           *                 *                    *                *

G.  OIL, GAS,            82             $899,175,710    1.01        3.42             95.12                97.56             1.00
    MINERALS

J.  UTILITIES            38             $231,691,610     .97       10.49             55.26                89.47             1.02

L1. COMMERCIAL            0              $34,015,920     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0             $162,098,800     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $11,996,160     *           *                 *                    *                *

O.  RESIDENTIAL           0               $1,856,910     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $6,467,690     *           *                 *                    *                *
    INVENTORY

    TOTALS:             375           $2,978,409,530    1.00       11.92             61.60                87.47             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