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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 07:19:26                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: W
                                                             157 Mason

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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        66        49,953,920       .99        8.51            80.30              92.42               1.00
     RESIDENCES
B.   MULTI-FAMILY          0           353,440         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0         1,870,240         *           *                *                  *                  *
D.   RURAL REAL           20       610,553,630       .95       14.32            50.00              85.00                .97
F1.  COMMERCIAL REAL      23        13,111,320       .97       10.27            65.21              86.95               1.01
F2.  INDUSTRIAL REAL       0           339,910         *           *                *                  *                  *
G.   OIL, GAS,             0                 0         *           *                *                  *                  *
     MINERALS
J.   UTILITIES             3        14,930,910         *           *                *                  *                  *
L1.  COMMERCIAL            0         8,216,080         *           *                *                  *                  *
     PERSONAL
L2.  INDUSTRIAL            0           632,640         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0           753,960         *           *                *                  *                  *
O.   RESIDENTIAL           0                 0         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0               830         *           *                *                  *                  *
     INVENTORY
     OVERALL              112       700,716,880       .98        9.74            70.53              89.28                .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