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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      6
TIME:     14:03                                      2003 PROPERTY VALUE STUDY                                          RPT: VAL7018
                                                   FIELD STUDIES CATEGORY WORKSHEET
                                                             080  Franklin
                                                         112-910  Sulphur-Bluff

CATEGORY A:  SINGLE-FAMILY RESIDENCES
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             LEGAL                  APPRAISAL ROLL                             LOC       ADD          CAD        TOTAL       IND
          DESCRIPTION               ACCOUNT NUMBER                             MOD       OBS       APPR VAL    APPR VAL     RATIO
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  AB 404 1 AC                      16975                                       .68       .00         57,170      45,216    1.2600
  AB 408                           4088                                        .68       .00         21,950      19,500    1.1300
  AB 657 1 AC                      45                                          .68       .00         41,950      41,948    1.0000
  AB 408 1.99 AC                   7383                                        .68       .00         69,380      58,595    1.1800

    4 APPRAISALS
                                                                                                    WEIGHTED MEAN RATIO:    1.1524



CATEGORY C:  VACANT LOTS/TRACTS
INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.

CATEGORY D:  RURAL REAL

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             LEGAL                  APPRAISAL ROLL                                             CAD         TOTAL          IND
          DESCRIPTION               ACCOUNT NUMBER                                          APPR VAL     APPR VAL        RATIO
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  AB 128  50 AC                    149                                                        45,000       45,000       1.0000
  AB 657 1 AC                      15362                                                      86,340       75,261       1.1500
  AB 404  1 AC                     17057                                                      72,290       62,053       1.1600
  AB 111 80 AC                     2814                                                       40,000       40,000       1.0000
  AB 247  70 AC                    3712                                                       31,500       35,000        .9000
  AB 403  81                       4086                                                       38,480       40,500        .9500
  AB 404 5 AC                      4087                                                       57,080       59,874        .9500
  AB 273                           6249                                                       28,800       28,800       1.0000
  AB 404 51.25                     7182                                                       61,100       62,824        .9700
  AB 224                           9798                                                       20,000       30,000        .6700

   10 APPRAISALS
                                                                                                    WEIGHTED MEAN RATIO:    1.0027