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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     20:48                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           199  Rockwall

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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       570           $2,841,862,003    1.00        4.84             89.65                97.89             1.00
    RESIDENCES

B.  MULTI-FAMILY          0              $16,761,710     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS          65             $171,282,060     .97        6.99             78.46                96.92             1.00

D.  RURAL REAL           28             $560,895,040     .93       13.56             67.86                82.14             1.06

F1. COMMERCIAL REAL      51             $411,762,021    1.00        6.45             80.39                96.08             1.01

F2. INDUSTRIAL REAL       0              $44,319,720     *           *                 *                    *                *

G.  OIL, GAS,             0                       $0     *           *                 *                    *                *
    MINERALS

J.  UTILITIES             0              $82,804,695     *           *                 *                    *                *

L1. COMMERCIAL            0             $159,513,705     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0              $72,495,559     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $25,415,109     *           *                 *                    *                *

O.  RESIDENTIAL           0              $79,549,680     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $8,586,630     *           *                 *                    *                *
    INVENTORY

    TOTALS:             714           $4,475,247,932    1.00        5.55             86.27                97.48             1.00


*   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