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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     20:12                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           166  Milam

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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       290             $291,644,165     .99       13.83             51.72                91.03             1.04
    RESIDENCES

B.  MULTI-FAMILY          0               $7,914,284     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0               $9,015,922     *           *                 *                    *                *

D.  RURAL REAL          112             $722,401,423     .97       16.35             44.64                81.25             1.03

F1. COMMERCIAL REAL      51              $63,864,685    1.03       16.84             47.06                76.47             1.08

F2. INDUSTRIAL REAL       0               $7,229,370     *           *                 *                    *                *

G.  OIL, GAS,            33              $25,994,960    1.03        8.56             75.76                90.91              .99
    MINERALS

J.  UTILITIES            38             $241,524,940     .97        6.10             68.42               100.00              .98

L1. COMMERCIAL           21              $33,299,862    1.03        7.17             80.95               100.00             1.01
    PERSONAL

L2. INDUSTRIAL            0             $220,903,590     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $15,725,477     *           *                 *                    *                *

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

S.  SPECIAL               0               $2,577,860     *           *                 *                    *                *
    INVENTORY

    TOTALS:             545           $1,642,096,538     .99       13.69             53.03                87.71             1.03


*   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