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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     19:55                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           149  Live Oak

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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        63             $113,839,620     .99       15.92             38.10                84.13             1.05
    RESIDENCES

B.  MULTI-FAMILY          0               $1,890,360     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0              $13,518,140     *           *                 *                    *                *

D.  RURAL REAL           40             $503,718,160     .97       11.73             65.00                90.00             1.01

F1. COMMERCIAL REAL      42              $28,767,700     .98        8.57             78.57                95.24             1.02

F2. INDUSTRIAL REAL       0             $199,475,600     *           *                 *                    *                *

G.  OIL, GAS,            60             $119,633,760     .99        9.17             70.00                90.00              .98
    MINERALS

J.  UTILITIES            19              $65,341,190     .99        5.16             78.95               100.00             1.00

L1. COMMERCIAL            0              $16,674,350     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0              $73,621,500     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $6,676,950     *           *                 *                    *                *

O.  RESIDENTIAL           0                 $325,250     *           *                 *                    *                *
    INVENTORY

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

    TOTALS:             224           $1,143,482,580     .99       11.06             62.05                90.18              .99


*   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