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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     16:44                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           220  Tarrant

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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     3,615          $50,008,384,368     .99        6.99             81.91                96.38             1.01
    RESIDENCES

B.  MULTI-FAMILY        334           $5,872,180,755    1.00       17.17             76.05                88.62             1.10
    RESIDENCES

C.  VACANT LOTS          68           $4,715,724,460    1.00       14.25             52.94                79.41             1.04

D.  RURAL REAL           14           $4,231,231,211     *           *                 *                    *                *

F1. COMMERCIAL REAL     418          $24,931,123,336     .97       10.84             67.46                91.87             1.02

F2. INDUSTRIAL REAL       0           $1,178,655,733     *           *                 *                    *                *

G.  OIL, GAS,             0             $163,274,110     *           *                 *                    *                *
    MINERALS

J.  UTILITIES            10           $6,798,228,154     *           *                 *                    *                *

L1. COMMERCIAL          280          $14,017,144,866    1.00        7.79             78.21                89.64             1.04
    PERSONAL

L2. INDUSTRIAL            0           $3,633,811,668     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0             $254,379,989     *           *                 *                    *                *

O.  RESIDENTIAL           0           $1,011,667,507     *           *                 *                    *                *
    INVENTORY

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

    TOTALS:           4,739         $116,815,806,157     .99        8.25             79.30                94.66             1.03


*   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