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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        148-901-148 Booker

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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          3,428,212     .8088       4,238,640       10
  2      A  - Single-family Residences          3,441,181     .8973       3,835,040        8
  3      A  - Single-family Residences          3,402,273     .8346       4,076,531        7
  4      A  - Single-family Residences          3,364,806     .9029       3,726,665        7
  5      D  - Rural Real                        5,110,534    1.0302       4,960,720       12
  6      G  - Oil, Gas, Minerals               44,244,117    1.0339      42,793,420       41

Random Totals:                                 62,991,123                63,631,016       85
 Cat J Exception Values:                        2,654,200                 2,539,351
 Cat D1 Exception Values:                       9,766,458                13,180,126
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,420,658                15,719,477
Test Values(4):                                75,411,781                79,350,493

Margin of Error Percent:                                    5.5014416
Margin of Error Value:                                      4,365,421
Confidence Interval Values:
  State Lower Limit:                                       74,985,072  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        75,411,781  (Within Confidence Interval Limits)
  State Upper Limit:                                       83,715,914  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        88,373,509  (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.