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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:49                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        001-907-001 Palestine

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences         70,999,640    1.0590      67,044,042       32
  2      A  - Single-family Residences         71,029,535     .9926      71,559,072       35
  3      A  - Single-family Residences         71,029,535    1.0109      70,263,661       36
  4      A  - Single-family Residences         70,939,851     .9967      71,174,728       29
  5      D  - Rural Real                      120,696,350     .9213     131,006,567       50
  6      F  - Commercial Real                  31,637,638    1.0183      31,069,074       11
  7      F  - Commercial Real                  31,996,402     .9961      32,121,677        9
  8      F  - Commercial Real                  31,305,449    1.0595      29,547,380        8
  9      F  - Commercial Real                  31,332,025     .9960      31,457,856        3
 10      L  - Commercial Personal              21,314,350    1.0052      21,204,089        8
 11      L  - Commercial Personal              21,583,810    1.1102      19,441,371        8
 12      L  - Commercial Personal              24,700,574    1.0637      23,221,373        7

Random Totals:                                598,565,159               599,110,890      236
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      12,455,070                 9,539,030
 Other Exception Values:                       18,027,170                16,751,338
Exception Totals(3):                           30,482,240                26,290,368
Test Values(4):                               629,047,399               625,401,258

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     31,270,063
Confidence Interval Values:
  State Lower Limit:                                      594,131,195  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       629,047,399  (Within Confidence Interval Limits)
  State Upper Limit:                                      656,671,321  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       677,216,228  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.