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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:25                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        031-911-031 Rio Hondo

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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         18,186,109     .9953      18,271,987       15
  2      A  - Single-family Residences         18,232,072    1.0102      18,047,983       15
  3      A  - Single-family Residences         18,216,751    1.0447      17,437,304       15
  4      A  - Single-family Residences         18,140,145    1.0381      17,474,371       15
  5      C  - Vacant Lots                       2,003,195     .9075       2,207,377        7
  6      C  - Vacant Lots                       1,727,189     .9895       1,745,517        7
  7      C  - Vacant Lots                       1,845,254    1.0154       1,817,268        7
  8      C  - Vacant Lots                       1,857,764     .9780       1,899,554        7
  9      D  - Rural Real                       19,962,947     .9073      22,002,587       17

Random Totals:                                100,171,426               100,903,948      105
 Cat J Exception Values:                       11,164,148                11,426,976
 Cat D1 Exception Values:                       9,600,976                10,630,161
 Other Exception Values:                                0                         0
Exception Totals(3):                           20,765,124                22,057,137
Test Values(4):                               120,936,550               122,961,085

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,148,054
Confidence Interval Values:
  State Lower Limit:                                      116,813,031  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       120,936,550  (Within Confidence Interval Limits)
  State Upper Limit:                                      129,109,139  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       124,998,130  (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.