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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:34                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        040-902-040 Whiteface-Bledsoe CISD

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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      D  - Rural Real                        5,060,950     .9041       5,597,777       12
  2      G  - Oil, Gas, Minerals              254,941,270     .9672     263,586,921       17

Random Totals:                                260,002,220               269,184,698       29
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      29,843,820                28,775,935
 Other Exception Values:                                0                         0
Exception Totals(3):                           29,843,820                28,775,935
Test Values(4):                               289,846,040               297,960,633

Margin of Error Percent:                                    6.0440062
Margin of Error Value:                                     18,008,759
Confidence Interval Values:
  State Lower Limit:                                      279,951,874  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       289,846,040  (Within Confidence Interval Limits)
  State Upper Limit:                                      315,969,392  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       317,936,257  (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.