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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
                                                        117-907-117 Spring Creek

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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                        2,074,860     .9555       2,171,491       11
  2      G  - Oil, Gas, Minerals               11,551,660    1.0645      10,851,724       37
  3      L  - Commercial Personal               2,904,730    1.0100       2,875,970       10

Random Totals:                                 16,531,250                15,899,185       58
 Cat J Exception Values:                        1,527,778                 1,495,129
 Cat D1 Exception Values:                       2,965,900                 3,239,727
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,493,678                 4,734,856
Test Values(4):                                21,024,928                20,634,041

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,031,702
Confidence Interval Values:
  State Lower Limit:                                       19,602,339  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        21,024,928  (Within Confidence Interval Limits)
  State Upper Limit:                                       21,665,743  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        26,503,406  (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.