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DATE: 06/23/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 07:20:18                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: W
                                                             183 Panola

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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
____________________________________________________________________________________________________________________________________

A.   SINGLE-FAMILY       174       326,721,060       .96       12.56            51.72              88.50               1.01
     RESIDENCES
B.   MULTI-FAMILY          0         4,567,752         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0         8,395,310         *           *                *                  *                  *
D.   RURAL REAL           80       525,982,450       .97       17.46            43.75              81.25               1.01
F1.  COMMERCIAL REAL       0        58,090,685         *           *                *                  *                  *
F2.  INDUSTRIAL REAL       0        71,048,960         *           *                *                  *                  *
G.   OIL, GAS,           218     1,766,645,190      1.02        7.81            69.72              95.41               1.01
     MINERALS
J.   UTILITIES            33       177,060,620      1.00       16.79            57.57              72.72                .99
L1.  COMMERCIAL            0        70,722,924         *           *                *                  *                  *
     PERSONAL
L2.  INDUSTRIAL            0       202,783,050         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        20,699,420         *           *                *                  *                  *
O.   RESIDENTIAL           0           840,210         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0                 0         *           *                *                  *                  *
     INVENTORY
     OVERALL              505     3,233,557,631      1.01       11.71            57.62              87.72                .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