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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
                                                        154-903-154 North Zulch

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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          1,964,910    1.0548       1,862,827        9
  2      A  - Single-family Residences          1,979,004     .8810       2,246,316       11
  3      A  - Single-family Residences          1,973,201     .9611       2,053,065        9
  4      A  - Single-family Residences          1,966,568    1.0922       1,800,557        8
  5      D  - Rural Real                       19,678,220    1.0431      18,865,133       16
  6      G  - Oil, Gas, Minerals               10,490,350    1.0124      10,361,863       21

Random Totals:                                 38,052,253                37,189,761       74
 Cat J Exception Values:                        5,229,108                 5,370,630
 Cat D1 Exception Values:                       2,996,100                 3,094,380
 Other Exception Values:                                0                         0
Exception Totals(3):                            8,225,208                 8,465,010
Test Values(4):                                46,277,461                45,654,771

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,282,739
Confidence Interval Values:
  State Lower Limit:                                       43,372,032  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        46,277,461  (Within Confidence Interval Limits)
  State Upper Limit:                                       47,937,510  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        55,210,543  (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.