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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:00                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        154-901-154 Madisonville CISD

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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         22,642,261    1.0009      22,621,901        8
  2      A  - Single-family Residences         22,556,603     .8967      25,155,128        9
  3      A  - Single-family Residences         22,680,331     .8726      25,991,670       16
  4      A  - Single-family Residences         22,547,085     .8771      25,706,402       10
  5      D  - Rural Real                       91,918,722     .9887      92,969,275       33
  6      F  - Commercial Real                   7,540,417    1.0956       6,882,454        9
  7      F  - Commercial Real                   7,477,265    1.0784       6,933,666        8
  8      F  - Commercial Real                   7,524,629     .8780       8,570,192        7
  9      F  - Commercial Real                   7,464,634     .9533       7,830,309        7
 10      G  - Oil, Gas, Minerals               23,924,380    1.0187      23,485,207       13

Random Totals:                                236,276,327               246,146,204      120
 Cat J Exception Values:                       18,412,680                18,784,601
 Cat D1 Exception Values:                      15,147,270                15,520,587
 Other Exception Values:                                0                         0
Exception Totals(3):                           33,559,950                34,305,188
Test Values(4):                               269,836,277               280,451,392

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     14,022,570
Confidence Interval Values:
  State Lower Limit:                                      266,428,822  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       269,836,277  (Within Confidence Interval Limits)
  State Upper Limit:                                      294,473,962  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       282,768,970  (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.