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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:23:24                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             222 Terrell

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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         0                 0         *           *                *                  *                  *
     RESIDENCES
B.   MULTI-FAMILY          0                 0         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0           370,457         *           *                *                  *                  *
D.   RURAL REAL           30       129,046,142       .98       17.28            46.66              66.66               1.03
F1.  COMMERCIAL REAL       0         1,718,858         *           *                *                  *                  *
F2.  INDUSTRIAL REAL       0             5,906         *           *                *                  *                  *
G.   OIL, GAS,            20       343,192,590      1.01        6.34            80.00             100.00               1.05
     MINERALS
J.   UTILITIES             4        42,409,323         *           *                *                  *                  *
L1.  COMMERCIAL            0           867,094         *           *                *                  *                  *
     PERSONAL
L2.  INDUSTRIAL            0        22,427,470         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0           193,712         *           *                *                  *                  *
O.   RESIDENTIAL           0            31,292         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0                 0         *           *                *                  *                  *
     INVENTORY
     OVERALL               54       550,982,054       .99       12.31            62.96              81.48               1.02


 * 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