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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:23:10                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             215 Stephens

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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       107       107,501,240       .95       25.94            28.97              68.22               1.12
     RESIDENCES
B.   MULTI-FAMILY          0         4,358,720         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0         4,507,480         *           *                *                  *                  *
D.   RURAL REAL           38       265,130,580       .72       37.97            28.94              50.00               1.01
F1.  COMMERCIAL REAL      33        29,814,990       .96       12.66            72.72              90.90               1.00
F2.  INDUSTRIAL REAL       0         3,944,580         *           *                *                  *                  *
G.   OIL, GAS,            30       208,260,420      1.01       21.71            66.66              76.66               1.14
     MINERALS
J.   UTILITIES             8        44,026,560         *           *                *                  *                  *
L1.  COMMERCIAL            0        12,796,660         *           *                *                  *                  *
     PERSONAL
L2.  INDUSTRIAL            0         9,398,670         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0         1,046,090         *           *                *                  *                  *
O.   RESIDENTIAL           0                 0         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0           753,170         *           *                *                  *                  *
     INVENTORY
     OVERALL              216       691,539,160       .96       27.22            41.20              67.12               1.04


 * 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