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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:37                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        129-903-129 Kaufman

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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         54,042,997     .8249      65,514,604       14
  2      A  - Single-family Residences         54,134,055     .9007      60,102,204       29
  3      A  - Single-family Residences         54,111,290     .9687      55,859,699       17
  4      A  - Single-family Residences         54,020,232     .9812      55,055,271       16
  5      D  - Rural Real                      159,332,906     .9315     171,049,819       34
  6      F  - Commercial Real                  10,250,842     .8343      12,286,758        9
  7      F  - Commercial Real                  10,404,990    1.0571       9,842,957        6
  8      F  - Commercial Real                  10,079,567     .9800      10,285,272        5
  9      F  - Commercial Real                   9,959,674     .8774      11,351,349        4

Random Totals:                                416,336,553               451,347,933      134
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       8,939,810                 4,854,633
 Other Exception Values:                                0                         0
Exception Totals(3):                            8,939,810                 4,854,633
Test Values(4):                               425,276,363               456,202,566

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     22,810,128
Confidence Interval Values:
  Local Test Value:                                       425,276,363  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      433,392,438  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      479,012,694  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       466,658,155  (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.