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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     20:44                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           194  Red River

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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       127             $113,463,260     .99        6.21             84.25                98.43             1.01
    RESIDENCES

B.  MULTI-FAMILY          0               $2,735,480     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0               $4,923,610     *           *                 *                    *                *

D.  RURAL REAL           61             $450,639,080     .99       10.31             72.13                91.80             1.03

F1. COMMERCIAL REAL      21              $19,059,170     .98        3.74             90.48               100.00             1.01

F2. INDUSTRIAL REAL       0               $8,626,930     *           *                 *                    *                *

G.  OIL, GAS,            12              $16,786,040     .99        3.87             83.33               100.00             1.01
    MINERALS

J.  UTILITIES             6              $27,409,610    1.00        6.50             66.67               100.00              .98

L1. COMMERCIAL           23              $13,693,060    1.01       10.98             73.91                86.96             1.04
    PERSONAL

L2. INDUSTRIAL            0              $25,872,060     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $6,619,540     *           *                 *                    *                *

O.  RESIDENTIAL           0                  $89,930     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0                 $426,190     *           *                 *                    *                *
    INVENTORY

    TOTALS:             250             $690,343,960    1.00        7.34             80.00                96.40             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