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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     20:38                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           186  Pecos

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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        81             $131,334,660     .99       14.57             56.79                86.42             1.04
    RESIDENCES

B.  MULTI-FAMILY          0               $4,196,390     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0               $6,713,180     *           *                 *                    *                *

D.  RURAL REAL           14             $171,586,370     *           *                 *                    *                *

F1. COMMERCIAL REAL       0              $43,695,485     *           *                 *                    *                *

F2. INDUSTRIAL REAL       0             $320,021,960     *           *                 *                    *                *

G.  OIL, GAS,           123           $1,276,438,450    1.01        7.58             82.11                94.31             1.02
    MINERALS

J.  UTILITIES            27             $138,450,400     .96        4.40             88.89               100.00              .99

L1. COMMERCIAL            0              $23,045,110     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0              $57,799,550     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $3,580,030     *           *                 *                    *                *

O.  RESIDENTIAL           0                 $325,230     *           *                 *                    *                *
    INVENTORY

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

    TOTALS:             245           $2,177,186,815    1.00        9.72             73.06                92.24             1.01


*   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