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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:49                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        098-903-098 Pringle-Morse 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      D  - Rural Real                        5,104,310     .9880       5,166,306       10
  2      G  - Oil, Gas, Minerals               30,386,159    1.0243      29,665,292       41

Random Totals:                                 35,490,469                34,831,598       51
 Cat J Exception Values:                       14,075,199                12,931,711
 Cat D1 Exception Values:                      16,111,179                18,441,179
 Other Exception Values:                                0                         0
Exception Totals(3):                           30,186,378                31,372,890
Test Values(4):                                65,676,847                66,204,488

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,310,224
Confidence Interval Values:
  State Lower Limit:                                       62,894,264  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        65,676,847  (Within Confidence Interval Limits)
  State Upper Limit:                                       69,514,712  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        84,687,022  (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.