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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:40                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        091-914-091 Sadler-Southmayd 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      A  - Single-family Residences         21,437,061    1.0172      21,074,578       12
  2      A  - Single-family Residences         21,437,061     .8716      24,595,068       17
  3      A  - Single-family Residences         21,365,003     .9646      22,149,080        7
  4      A  - Single-family Residences         21,337,982     .9956      21,432,284        9
  5      D  - Rural Real                       38,032,007     .9686      39,264,926       30
  6      G  - Oil, Gas, Minerals               34,949,375    1.0366      33,715,392       26

Random Totals:                                158,558,489               162,231,328      101
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       8,125,720                 6,852,791
 Other Exception Values:                                0                         0
Exception Totals(3):                            8,125,720                 6,852,791
Test Values(4):                               166,684,209               169,084,119

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,454,206
Confidence Interval Values:
  State Lower Limit:                                      160,629,913  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       166,684,209  (Within Confidence Interval Limits)
  State Upper Limit:                                      177,538,325  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       185,993,001  (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.