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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     16:50                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           221  Taylor

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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       194           $2,236,498,757     .99        6.27             88.14                96.39             1.00
    RESIDENCES

B.  MULTI-FAMILY         26             $187,659,774     .96        5.65             92.31               100.00              .98
    RESIDENCES

C.  VACANT LOTS           0              $87,457,068     *           *                 *                    *                *

D.  RURAL REAL           83             $687,243,607     .97        5.32             87.95                97.59             1.00

F1. COMMERCIAL REAL      97             $796,611,907     .97       17.94             86.60                95.88             1.10

F2. INDUSTRIAL REAL       0             $124,730,865     *           *                 *                    *                *

G.  OIL, GAS,            55              $45,833,381    1.04       10.34             70.91                94.55             1.01
    MINERALS

J.  UTILITIES            42             $461,783,232     .97       16.67             54.76                92.86             1.03

L1. COMMERCIAL           96             $521,865,322    1.00        5.01             87.50                96.88              .99
    PERSONAL

L2. INDUSTRIAL            0              $69,940,136     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $48,360,601     *           *                 *                    *                *

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

S.  SPECIAL               0              $37,083,264     *           *                 *                    *                *
    INVENTORY

    TOTALS:             593           $5,305,067,914     .99        9.11             83.98                95.78             1.02


*   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