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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:34                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        126-905-126 Joshua

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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        504,181,210     .9836     512,587,647       49
  2      C  - Vacant Lots                      48,319,100    1.0115      47,769,748       33
  3      D  - Rural Real                       85,893,630    1.0103      85,017,945       19
  4      F  - Commercial Real                  40,788,380     .7952      51,293,234       13

Random Totals:                                679,182,320               696,668,574      114
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,361,290                 2,961,605
 Other Exception Values:                                0                         0
Exception Totals(3):                            3,361,290                 2,961,605
Test Values(4):                               682,543,610               699,630,179

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     34,981,509
Confidence Interval Values:
  State Lower Limit:                                      664,648,670  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       682,543,610  (Within Confidence Interval Limits)
  State Upper Limit:                                      734,611,688  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       635,173,028  (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.