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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:22:02                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             181 Orange

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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       403     1,593,722,870       .97        8.18            77.66              96.77               1.01
     RESIDENCES
B.   MULTI-FAMILY          0        36,928,740         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0        70,705,634         *           *                *                  *                  *
D.   RURAL REAL           49       263,596,788       .76       27.99            28.57              59.18               1.00
F1.  COMMERCIAL REAL     150       241,685,830       .87       19.18            35.33              76.00               1.04
F2.  INDUSTRIAL REAL       0     1,205,732,770         *           *                *                  *                  *
G.   OIL, GAS,             7       156,605,890         *           *                *                  *                  *
     MINERALS
J.   UTILITIES            38       251,664,790         *           *                *                  *                  *
L1.  COMMERCIAL           21       110,774,540         *           *                *                  *                  *
     PERSONAL
L2.  INDUSTRIAL            0       342,887,310         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        44,518,408         *           *                *                  *                  *
O.   RESIDENTIAL           0         4,817,910         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0         7,829,090         *           *                *                  *                  *
     INVENTORY
     OVERALL              668     4,331,470,570       .96       12.43            64.52              87.12                .98


 * 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