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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:23                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        075-901-075 Flatonia

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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          8,511,142     .8627       9,865,703        8
  2      A  - Single-family Residences          8,453,996    1.0282       8,222,132        9
  3      A  - Single-family Residences          8,571,859     .9587       8,941,128        8
  4      A  - Single-family Residences          8,411,137    1.0602       7,933,538        7
  5      D  - Rural Real                       65,566,755     .9226      71,067,369       29
  6      F  - Commercial Real                   2,279,900     .9881       2,307,358        7
  7      F  - Commercial Real                   2,281,824     .9989       2,284,337        6
  8      F  - Commercial Real                   2,417,463     .9567       2,526,877        4
  9      G  - Oil, Gas, Minerals                3,582,910    1.0022       3,575,045       12

Random Totals:                                110,076,986               116,723,487       90
 Cat J Exception Values:                       10,045,177                10,760,765
 Cat D1 Exception Values:                      12,498,090                10,172,387
 Other Exception Values:                        4,173,940                 4,282,131
Exception Totals(3):                           26,717,207                25,215,283
Test Values(4):                               136,794,193               141,938,770

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,096,939
Confidence Interval Values:
  State Lower Limit:                                      134,841,831  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       136,794,193  (Within Confidence Interval Limits)
  State Upper Limit:                                      149,035,709  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       147,915,449  (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.