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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     17:14                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           246  Williamson

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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     1,062          $16,905,249,701     .95        7.19             79.47                97.08             1.01
    RESIDENCES

B.  MULTI-FAMILY         43           $1,650,470,607     .96        5.55             83.72                97.67             1.02
    RESIDENCES

C.  VACANT LOTS         198           $1,203,759,418    1.00       12.33             57.07                82.83              .98

D.  RURAL REAL          149           $3,155,983,266    1.00       11.50             64.43                85.91             1.03

F1. COMMERCIAL REAL     182           $3,180,723,398     .97        7.62             78.02                95.60              .98

F2. INDUSTRIAL REAL       0             $480,770,497     *           *                 *                    *                *

G.  OIL, GAS,             0                 $153,560     *           *                 *                    *                *
    MINERALS

J.  UTILITIES            21             $513,546,693     *           *                 *                    *                *

L1. COMMERCIAL           51           $1,500,446,181    1.01        4.66             84.31               100.00             1.04
    PERSONAL

L2. INDUSTRIAL            0             $771,678,605     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $56,491,929     *           *                 *                    *                *

O.  RESIDENTIAL           0             $155,926,167     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0              $70,622,781     *           *                 *                    *                *
    INVENTORY

    TOTALS:           1,706          $29,645,822,803     .96        8.42             75.21                94.78             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