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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:23                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        117-904-117 Plemons-Stinnett-Phillips

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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          8,150,662    1.0402       7,835,668        7
  2      A  - Single-family Residences          8,089,173    1.0013       8,078,671        6
  3      A  - Single-family Residences          8,147,246    1.0277       7,927,650        9
  4      A  - Single-family Residences          8,058,429    1.0226       7,880,333        7
  5      D  - Rural Real                        5,933,790     .9519       6,233,627       12
  6      G  - Oil, Gas, Minerals               65,471,820    1.0646      61,498,986       41
  7      L  - Commercial Personal               2,315,244     .9866       2,346,690        7
  8      L  - Commercial Personal               2,343,543     .9923       2,361,728        5
  9      L  - Commercial Personal               2,263,951    1.0072       2,247,767        4

Random Totals:                                110,773,858               106,411,120       98
 Cat J Exception Values:                       30,735,098                27,426,564
 Cat D1 Exception Values:                       6,328,040                 6,605,899
 Other Exception Values:                        3,169,010                 3,136,350
Exception Totals(3):                           40,232,148                37,168,813
Test Values(4):                               151,006,006               143,579,933

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,178,997
Confidence Interval Values:
  State Lower Limit:                                      136,400,936  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      150,758,930  (State Test Value Plus Margin of Error Value)
  Local Test Value:                                       151,006,006  (Outside of ConfidenceInterval Limits)
Value Assigned (5):                                       822,778,719  (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.