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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 20:42                  Property Tax Division                  RPT: UTL7000
                           2003 Property Value Study
                         Utilities Category Worksheet
                            PRESIDIO / 189-902-189
                                PRESIDIO / 189

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    Company         ISD Appraised              PTD Market           Indicated
    Number              Value                    Value                Ratio
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     31009              1,765,115                1,861,863            .9480


   Totals:              1,765,115                1,861,863            .9480


            Utility Weighted Mean Ratio For Sample:                   .9480

            Total Self-Reported Utility Value (J1-J8):           11,822,200

            Divided By ISD Utility Weighted Mean Ratio:               .9480

            Estimated PTD Utility Market Value:                  12,470,675