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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     16:10                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           177  Nolan

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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             $174,144,485     .98        8.38             75.31                96.30              .99
    RESIDENCES

B.  MULTI-FAMILY          0               $5,187,614     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0               $4,290,660     *           *                 *                    *                *

D.  RURAL REAL           52             $267,901,071     .95        6.56             80.77               100.00              .98

F1. COMMERCIAL REAL      43              $51,233,303     .97        5.95             93.02                97.67             1.02

F2. INDUSTRIAL REAL       0              $41,689,064     *           *                 *                    *                *

G.  OIL, GAS,            54              $80,187,900    1.01        6.54             85.19                90.74             1.03
    MINERALS

J.  UTILITIES            39             $188,421,683     .96       10.64             53.85                92.31              .99

L1. COMMERCIAL           49              $39,830,607    1.00        3.82             93.88                97.96              .99
    PERSONAL

L2. INDUSTRIAL            0              $75,267,660     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $4,546,120     *           *                 *                    *                *

O.  RESIDENTIAL           0                  $30,000     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $1,002,405     *           *                 *                    *                *
    INVENTORY

    TOTALS:             318             $933,732,572     .99        7.43             79.25                95.91             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