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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME: 19:02                                            2003 PROPERTY VALUE STUDY                                        RPT: VAL7214
                                                        STRATIFIED RATIO DETAIL
                                                                105  Hays
                                                            105-904  Dripping Springs

+-----| C A T E G O R Y: A  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|L              1          88,390 |    0              0               0 Untested |    915     49,274,704  Untested      49,274,704 |
|N1        88,391         198,850 |   50      7,626,670 /     8,099,328 =  .9416 |  1,456    234,153,393 /  .9416 =    248,676,076 |
|N2       198,851         251,450 |   49     11,009,340 /    11,312,217 =  .9732 |    967    234,054,844 /  .9732 =    240,500,251 |
|N3       251,451         326,900 |   40     11,233,250 /    11,185,967 = 1.0042 |    764    234,153,393 / 1.0042 =    233,174,062 |
|N4       326,901           &  UP |   29     11,967,740 /    12,375,083 =  .9671 |    523    233,857,745 /  .9671 =    241,813,406 |
|                                 |                                              |                                                 |
|      Random Totals:             |  168                                         |  3,710    936,219,375               964,163,795 |
|      Untested Totals:           |                                              |    915     49,274,704                49,274,704 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |  168                                         |  4,625    985,494,079      /      1,013,438,499 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:    .9724       |
+----------------------------------------------------------------------------------------------------------------------------------+

+-----| C A T E G O R Y: B  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|N1             1           &  UP |    0              0               0 Untested |     47      9,596,110  Untested       9,596,110 |
|                                 |                                              |                                                 |
|      Untested Totals:           |                                              |     47      9,596,110                 9,596,110 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |    0                                         |     47      9,596,110      /          9,596,110 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:   1.0000       |
+----------------------------------------------------------------------------------------------------------------------------------+

+-----| C A T E G O R Y: C  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|L              1          14,270 |    0              0               0 Untested |    636      4,854,737  Untested       4,854,737 |
|N1        14,271          31,650 |   11        299,600 /       315,000 =  .9511 |    934     23,115,940 /  .9511 =     24,304,426 |
|N2        31,651          49,940 |   17        673,160 /       700,778 =  .9606 |    546     23,106,211 /  .9606 =     24,053,936 |
|N3        49,941          73,750 |   16      1,001,190 /     1,112,280 =  .9001 |    366     23,096,482 /  .9001 =     25,659,907 |
|N4        73,751           &  UP |   13      1,810,640 /     1,858,700 =  .9741 |    197     23,115,940 /  .9741 =     23,730,562 |
|                                 |                                              |                                                 |
|      Random Totals:             |   57                                         |  2,043     92,434,573                97,748,831 |
|      Untested Totals:           |                                              |    636      4,854,737                 4,854,737 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |   57                                         |  2,679     97,289,310      /        102,603,568 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:    .9482       |
+----------------------------------------------------------------------------------------------------------------------------------+

DATE: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 2 TIME: 19:02 2003 PROPERTY VALUE STUDY RPT: VAL7214 STRATIFIED RATIO DETAIL 105 Hays 105-904 Dripping Springs +-----| C A T E G O R Y: F |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |L 1 68,530 | 0 0 0 Untested | 49 2,091,864 Untested 2,091,864 | |N1 68,531 228,580 | 0 0 0 Untested | 64 10,207,441 Untested 10,207,441 | |N2 228,581 538,210 | 0 0 0 Untested | 27 10,292,823 Untested 10,292,823 | |N3 538,211 1,465,210 | 0 0 0 Untested | 12 11,377,177 Untested 11,377,177 | |N4 1,465,211 & UP | 0 0 0 Untested | 4 8,717,521 Untested 8,717,521 | | | | | | Untested Totals: | | 156 42,686,826 42,686,826 | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 156 42,686,826 / 42,686,826 | | |===== |======= ============== ============== | | | | Final Category Ratio: 1.0000 | +----------------------------------------------------------------------------------------------------------------------------------+ +-----| C A T E G O R Y: G |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |N1 1 & UP | 0 0 0 Untested | 1 10 Untested 10 | | | | | | Untested Totals: | | 1 10 10 | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 1 10 / 10 | | |===== |======= ============== ============== | | | | Final Category Ratio: 1.0000 | +----------------------------------------------------------------------------------------------------------------------------------+ +-----| C A T E G O R Y: L |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |L 1 18,300 | 0 0 0 Untested | 146 949,371 Untested 949,371 | |N1 18,301 123,760 | 0 0 0 Untested | 94 4,579,094 Untested 4,579,094 | |N2 123,761 238,237 | 0 0 0 Untested | 26 4,668,694 Untested 4,668,694 | |N3 238,238 524,737 | 0 0 0 Untested | 12 4,560,031 Untested 4,560,031 | |N4 524,738 & UP | 0 0 0 Untested | 2 4,306,484 Untested 4,306,484 | | | | | | Untested Totals: | | 280 19,063,674 19,063,674 | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 280 19,063,674 / 19,063,674 | | |===== |======= ============== ============== | | | | Final Category Ratio: 1.0000 | +----------------------------------------------------------------------------------------------------------------------------------+