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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     16:53                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           225  Titus

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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       201             $458,856,403     .98       12.04             62.19                89.55             1.02
    RESIDENCES

B.  MULTI-FAMILY          0              $17,072,442     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0              $23,810,288     *           *                 *                    *                *

D.  RURAL REAL           47             $288,528,771     .99       10.79             57.45                89.36             1.03

F1. COMMERCIAL REAL      20             $143,987,659     .98       15.41             65.00                75.00              .97

F2. INDUSTRIAL REAL       0           $1,050,875,057     *           *                 *                    *                *

G.  OIL, GAS,             0              $37,605,713     *           *                 *                    *                *
    MINERALS

J.  UTILITIES            26             $162,383,777     .99       37.33             80.77                80.77             1.01

L1. COMMERCIAL           10              $93,566,566     .99       10.20             70.00                90.00              .98
    PERSONAL

L2. INDUSTRIAL            0             $127,106,534     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $13,452,324     *           *                 *                    *                *

O.  RESIDENTIAL           0              $10,036,290     *           *                 *                    *                *
    INVENTORY

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

    TOTALS:             304           $2,427,281,824     .99       14.10             64.14                87.50             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