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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:58                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        057-909-057 Garland

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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      1,998,363,743     .9574   2,087,281,954       50
  2      A  - Single-family Residences      1,998,363,743     .9866   2,025,505,517       50
  3      A  - Single-family Residences      1,998,363,743     .9891   2,020,385,950       50
  4      A  - Single-family Residences      1,997,522,327    1.0019   1,993,734,232       50
  5      B  - Multi-family Residences         133,535,024     .8453     157,973,529       38
  6      B  - Multi-family Residences         133,702,641    1.0215     130,888,537        7
  7      B  - Multi-family Residences         140,295,584     .9872     142,114,652        6
  8      B  - Multi-family Residences         123,086,886     .9602     128,188,800        4
  9      C  - Vacant Lots                      68,865,032    1.0318      66,742,617        7
 10      C  - Vacant Lots                      68,632,281     .9916      69,213,676        7
 11      C  - Vacant Lots                      68,835,938    1.0321      66,695,028        7
 12      C  - Vacant Lots                      68,457,718     .9866      69,387,511        7
 13      F  - Commercial Real                 372,352,029    1.0357     359,517,263       16
 14      F  - Commercial Real                 372,352,029    1.1086     335,875,906        8
 15      F  - Commercial Real                 374,700,760    1.0162     368,727,377        8
 16      F  - Commercial Real                 368,280,897     .9850     373,889,236        7
 17      L  - Commercial Personal             200,224,269    1.0589     189,087,042        7
 18      L  - Commercial Personal             201,485,656    1.0100     199,490,749        7
 19      L  - Commercial Personal             201,317,471    1.0530     191,184,683        7
 20      L  - Commercial Personal             195,851,458    1.0102     193,873,944        6

Random Totals:                             11,084,589,229            11,169,758,203      349
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         537,869                   498,684
 Other Exception Values:                                0                         0
Exception Totals(3):                              537,869                   498,684
Test Values(4):                            11,085,127,098            11,170,256,887

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    558,512,844
Confidence Interval Values:
  State Lower Limit:                                   10,611,744,043  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                    11,085,127,098  (Within Confidence Interval Limits)
  State Upper Limit:                                   11,728,769,731  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                    11,240,339,793  (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.