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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:21:31                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             166 Milam

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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       276       302,127,795       .96       17.15            40.21              79.34               1.01
     RESIDENCES
B.   MULTI-FAMILY          0         8,947,257         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0         8,693,423         *           *                *                  *                  *
D.   RURAL REAL          120       789,719,487      1.02       17.84            37.50              80.83               1.03
F1.  COMMERCIAL REAL      51        63,347,947       .96        9.63            68.62              98.03                .99
F2.  INDUSTRIAL REAL       0         7,303,450         *           *                *                  *                  *
G.   OIL, GAS,            19        27,106,450       .98        4.41            94.73             100.00                .99
     MINERALS
J.   UTILITIES            49       266,835,930       .99        5.42            93.87             100.00               1.04
L1.  COMMERCIAL           24        37,777,862      1.11       29.58            29.16              66.66               1.18
     PERSONAL
L2.  INDUSTRIAL            0       252,809,010         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        18,178,969         *           *                *                  *                  *
O.   RESIDENTIAL           0                 0         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0         2,551,310         *           *                *                  *                  *
     INVENTORY
     OVERALL              539     1,785,398,890       .98       16.07            47.86              81.26               1.05


 * 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