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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:16:13                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             008 Austin

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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       138       512,758,536       .93       12.75            60.14              91.30               1.02
     RESIDENCES
B.   MULTI-FAMILY          0        17,101,530         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0        22,201,990         *           *                *                  *                  *
D.   RURAL REAL           60     1,193,610,436       .97       13.16            58.33              88.33               1.00
F1.  COMMERCIAL REAL      33        90,496,449       .94       12.51            63.63              87.87               1.03
F2.  INDUSTRIAL REAL       0        29,052,496         *           *                *                  *                  *
G.   OIL, GAS,            13       290,648,340      1.00       12.08            53.84              84.61                .95
     MINERALS
J.   UTILITIES            32       106,512,241       .96       16.86            65.62              84.37               1.00
L1.  COMMERCIAL           14        54,753,533      1.00       11.29            64.28              85.71                .93
     PERSONAL
L2.  INDUSTRIAL            0        93,683,270         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        20,671,930         *           *                *                  *                  *
O.   RESIDENTIAL           0                 0         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0         4,046,810         *           *                *                  *                  *
     INVENTORY
     OVERALL              290     2,435,537,561       .95       13.35            55.86              89.31                .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