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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:17                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        169-902-169 Nocona

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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         16,238,313     .9789      16,588,327       14
  2      A  - Single-family Residences         16,361,486    1.0459      15,643,452       12
  3      A  - Single-family Residences         16,210,941     .9987      16,232,043       12
  4      A  - Single-family Residences         16,197,256    1.1215      14,442,493       14
  5      D  - Rural Real                       25,777,640     .9846      26,180,825       13
  6      F  - Commercial Real                   2,902,834     .9866       2,942,260        8
  7      F  - Commercial Real                   2,918,636     .9776       2,985,511        6
  8      F  - Commercial Real                   3,124,071    1.0290       3,036,026        7

Random Totals:                                 99,731,177                98,050,937       86
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,111,290                 5,374,484
 Other Exception Values:                        2,615,930                 2,421,401
Exception Totals(3):                            8,727,220                 7,795,885
Test Values(4):                               108,458,397               105,846,822

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      5,292,341
Confidence Interval Values:
  State Lower Limit:                                      100,554,481  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       108,458,397  (Within Confidence Interval Limits)
  State Upper Limit:                                      111,139,163  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       110,361,420  (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.