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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 20:47                  Property Tax Division                  RPT: UTL7000
                           2003 Property Value Study
                         Utilities Category Worksheet
                            BREMOND / 198-901-198
                               ROBERTSON / 198

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    Company         ISD Appraised              PTD Market           Indicated
    Number              Value                    Value                Ratio
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     21003                 67,370                   60,149           1.1201
     31003                850,350                  866,793            .9810
     31008             10,642,040               10,824,472            .9831
     32008                113,290                  114,064            .9932
     33005                618,560                  638,970            .9681
     41002                  9,270                    9,410            .9851
     41008              1,872,950                2,080,199            .9004
     45000                587,580                  531,960           1.1046
     51003              4,386,780                4,604,459            .9527
     61032                 65,500                   67,300            .9733
     61109                350,890                  438,879            .7995
     63018                165,630                  190,827            .8680
     63045                 87,290                  103,365            .8445


   Totals:             19,817,500               20,530,847            .9653


            Utility Weighted Mean Ratio For Sample:                   .9653

            Total Self-Reported Utility Value (J1-J8):           21,702,220

            Divided By ISD Utility Weighted Mean Ratio:               .9653

            Estimated PTD Utility Market Value:                  22,482,358