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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 07:16:58                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: W
                                                             084 Galveston

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                   NUMBER OF    2004 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     1,142    15,332,174,518       .97        7.47            80.38              96.58               1.01
     RESIDENCES
B.   MULTI-FAMILY         72     1,052,474,919      1.00        6.76            73.61              97.22                .95
     RESIDENCES
C.   VACANT LOTS          56       540,108,725       .96        3.07            98.21             100.00               1.00
D.   RURAL REAL           21       618,180,128       .97       13.21            90.47              95.23                .93
F1.  COMMERCIAL REAL     237     2,595,420,852       .97       10.89            75.94              92.82               1.03
F2.  INDUSTRIAL REAL       0     2,655,239,223         *           *                *                  *                  *
G.   OIL, GAS,            11       173,275,415      1.02        3.29            90.90             100.00               1.01
     MINERALS
J.   UTILITIES            27       619,202,185      1.05       14.53            77.77              88.88               1.11
L1.  COMMERCIAL          117     1,094,004,057      1.00        5.53            84.61              96.58                .98
     PERSONAL
L2.  INDUSTRIAL            0     1,068,644,979         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        45,305,191         *           *                *                  *                  *
O.   RESIDENTIAL           0        90,235,997         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0        63,060,380         *           *                *                  *                  *
     INVENTORY
     OVERALL            1,683    25,947,326,569       .98        7.92            78.66              95.60                .99


 * 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