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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     15:35                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           148  Lipscomb

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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        81              $29,587,734     .92       16.91             45.68                77.78             1.03
    RESIDENCES

B.  MULTI-FAMILY          0               $1,069,899     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0                 $425,915     *           *                 *                    *                *

D.  RURAL REAL           48             $149,663,870     .92       14.57             52.08                72.92             1.09

F1. COMMERCIAL REAL       0               $4,763,039     *           *                 *                    *                *

F2. INDUSTRIAL REAL       0               $2,391,174     *           *                 *                    *                *

G.  OIL, GAS,           153             $211,208,171    1.02       12.29             66.67                86.93             1.02
    MINERALS

J.  UTILITIES            13              $70,704,382     .99       10.48             69.23                92.31             1.17

L1. COMMERCIAL            0               $5,335,417     *           *                 *                    *                *
    PERSONAL

L2. INDUSTRIAL            0              $11,535,860     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $1,839,902     *           *                 *                    *                *

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

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

    TOTALS:             295             $488,525,363     .98       14.52             54.58                82.71              .99


*   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