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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
                                                        001-909-001 Slocum

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences          3,216,736     .9982       3,222,537        8
  2      A  - Single-family Residences          3,256,063     .9482       3,433,941        8
  3      A  - Single-family Residences          3,215,379     .9778       3,288,381        7
  4      A  - Single-family Residences          3,201,818    1.0138       3,158,234        7
  5      D  - Rural Real                       36,887,640     .9122      40,438,106       32

Random Totals:                                 49,777,636                53,541,199       62
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      19,571,167                17,667,029
 Other Exception Values:                                0                         0
Exception Totals(3):                           19,571,167                17,667,029
Test Values(4):                                69,348,803                71,208,228

Margin of Error Percent:                                    7.6845993
Margin of Error Value:                                      5,472,067
Confidence Interval Values:
  State Lower Limit:                                       65,736,161  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        69,348,803  (Within Confidence Interval Limits)
  State Upper Limit:                                       76,680,295  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        71,659,752  (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.