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DATE:   1/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:      9:20                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           233  Val Verde

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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       191             $637,470,210     .98        9.22             69.11                93.19             1.01
    RESIDENCES

B.  MULTI-FAMILY          0              $29,963,290     *           *                 *                    *                *
    RESIDENCES

C.  VACANT LOTS           0              $40,501,050     *           *                 *                    *                *

D.  RURAL REAL           15             $220,628,866     .97       12.30             40.00                93.33              .97

F1. COMMERCIAL REAL      24             $156,582,300    1.00        7.79             66.67               100.00             1.02

F2. INDUSTRIAL REAL       0              $11,533,690     *           *                 *                    *                *

G.  OIL, GAS,            47              $98,219,940    1.00       15.09             53.19                80.85              .98
    MINERALS

J.  UTILITIES             8              $81,818,000     .96        2.34            100.00               100.00              .98

L1. COMMERCIAL           25              $79,973,400    1.03       12.54             64.00                88.00             1.03
    PERSONAL

L2. INDUSTRIAL            0              $51,288,500     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0               $6,684,820     *           *                 *                    *                *

O.  RESIDENTIAL           0                 $591,900     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0               $7,567,330     *           *                 *                    *                *
    INVENTORY

    TOTALS:             310           $1,422,823,296     .99       10.31             65.81                90.32             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