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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:09                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        066-901-066 Benavides

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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          3,975,223     .9794       4,058,835        7
  2      A  - Single-family Residences          3,933,589     .9339       4,212,002        7
  3      A  - Single-family Residences          4,008,530     .9792       4,093,679        7
  4      A  - Single-family Residences          3,910,273     .9976       3,919,680        7
  5      D  - Rural Real                        8,593,170     .9625       8,927,969       10

Random Totals:                                 24,420,785                25,212,165       38
 Cat J Exception Values:                        8,053,263                 8,187,585
 Cat D1 Exception Values:                      19,769,220                26,178,537
 Other Exception Values:                       71,812,396                81,567,691
Exception Totals(3):                           99,634,879               115,933,813
Test Values(4):                               124,055,664               141,145,978

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,057,299
Confidence Interval Values:
  Local Test Value:                                       124,055,664  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      134,088,679  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      148,203,277  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       155,075,891  (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.