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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     16:23                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           189  Presidio

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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        78              $64,070,199    1.00       15.95             55.13                78.21             1.06
    RESIDENCES

B.  MULTI-FAMILY          0               $2,333,860     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS          40               $6,534,836    1.00       14.93             52.50                82.50             1.07

D.  RURAL REAL           32             $162,708,229    1.08       11.93             65.63                78.13             1.08

F1. COMMERCIAL REAL      62              $21,467,647    1.01       14.01             58.06                85.48             1.02

F2. INDUSTRIAL REAL       0               $9,506,370     *           *                 *                    *                *

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

J.  UTILITIES             4              $28,435,060     *           *                 *                    *                *

L1. COMMERCIAL           51               $9,366,378    1.01        6.50             70.59               100.00              .99
    PERSONAL

L2. INDUSTRIAL            0                 $642,441     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $3,602,874     *           *                 *                    *                *

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

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

    TOTALS:             267             $308,667,894    1.00       13.36             59.55                85.39             1.01


*   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