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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        166-902-166 Gause

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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          1,704,823    1.0415       1,636,892       14
  2      A  - Single-family Residences          1,701,252    1.0988       1,548,282        9
  3      A  - Single-family Residences          1,676,254     .9419       1,779,652        8
  4      A  - Single-family Residences          1,710,537     .9975       1,714,824        6
  5      D  - Rural Real                       15,554,455     .9612      16,182,329       23
  6      G  - Oil, Gas, Minerals               17,416,730    1.0204      17,068,532       33

Random Totals:                                 39,764,051                39,930,511       93
 Cat J Exception Values:                        2,800,014                 2,876,882
 Cat D1 Exception Values:                       3,187,200                 3,291,736
 Other Exception Values:                                0                         0
Exception Totals(3):                            5,987,214                 6,168,618
Test Values(4):                                45,751,265                46,099,129

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,304,956
Confidence Interval Values:
  State Lower Limit:                                       43,794,173  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        45,751,265  (Within Confidence Interval Limits)
  State Upper Limit:                                       48,404,085  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        44,471,802  (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.