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

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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       282             $709,854,010     .98        9.71             68.44                92.91             1.02
    RESIDENCES

B.  MULTI-FAMILY          0              $10,864,700     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS          71              $88,701,025    1.00       61.24             35.21                54.93             1.46

D.  RURAL REAL           64             $661,374,770    1.01       13.58             70.31                82.81              .96

F1. COMMERCIAL REAL      27             $102,374,273    1.02       13.07             55.56                85.19             1.00

F2. INDUSTRIAL REAL       0              $53,491,459     *           *                 *                    *                *

G.  OIL, GAS,            94              $70,161,700    1.02       12.92             65.96                85.11             1.00
    MINERALS

J.  UTILITIES            30              $80,639,511     .97        9.79             43.33                96.67             1.04

L1. COMMERCIAL           20              $43,851,035    1.00       15.65             70.00                80.00             1.02
    PERSONAL

L2. INDUSTRIAL            0             $108,318,590     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $19,577,160     *           *                 *                    *                *

O.  RESIDENTIAL           0               $2,889,220     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $3,216,750     *           *                 *                    *                *
    INVENTORY

    TOTALS:             588           $1,955,314,203    1.00       17.36             62.93                84.69             1.09


*   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