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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     20:45                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           195  Reeves

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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        74              $74,224,010    1.01       12.63             52.70                86.49             1.02
    RESIDENCES

B.  MULTI-FAMILY          0               $1,818,240     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0               $3,016,200     *           *                 *                    *                *

D.  RURAL REAL           31              $79,321,550    1.00        8.32             74.19                96.77             1.02

F1. COMMERCIAL REAL      30              $24,822,340     .99       11.62             46.67                86.67              .99

F2. INDUSTRIAL REAL       0               $7,527,820     *           *                 *                    *                *

G.  OIL, GAS,            51             $236,114,000    1.01        5.42             80.39                98.04              .99
    MINERALS

J.  UTILITIES            20              $87,851,900     .98       16.58             50.00                85.00              .95

L1. COMMERCIAL            0              $11,820,290     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0              $22,473,690     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $1,274,770     *           *                 *                    *                *

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

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

    TOTALS:             206             $550,264,810    1.00       10.53             63.59                92.23              .97


*   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