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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:46                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        095-903-095 Hale Center

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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          5,242,778    1.0221       5,129,418        7
  2      A  - Single-family Residences          5,242,778    1.0274       5,102,957        7
  3      A  - Single-family Residences          5,264,853    1.0208       5,157,575        7
  4      A  - Single-family Residences          5,227,326    1.0199       5,125,332        7
  5      D  - Rural Real                       11,388,073     .8051      14,144,917        7

Random Totals:                                 32,365,808                34,660,199       35
 Cat J Exception Values:                        7,831,772                 7,766,901
 Cat D1 Exception Values:                      16,461,207                14,902,766
 Other Exception Values:                                0                         0
Exception Totals(3):                           24,292,979                22,669,667
Test Values(4):                                56,658,787                57,329,866

Margin of Error Percent:                                    6.7362289
Margin of Error Value:                                      3,861,871
Confidence Interval Values:
  State Lower Limit:                                       53,467,995  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        56,658,787  (Within Confidence Interval Limits)
  State Upper Limit:                                       61,191,737  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        59,470,590  (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.