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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:40                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        187-906-187 Leggett

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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          2,651,102     .9647       2,748,110        6
  2      A  - Single-family Residences          2,661,152    1.0063       2,644,492        8
  3      A  - Single-family Residences          2,677,903     .8191       3,269,324        7
  4      A  - Single-family Residences          2,626,534     .9459       2,776,757        6
  5      D  - Rural Real                        4,325,697    1.0639       4,065,887       10
  6      G  - Oil, Gas, Minerals               31,735,372    1.0045      31,593,203       12

Random Totals:                                 46,677,760                47,097,773       49
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      15,122,466                13,527,807
 Other Exception Values:                        8,249,868                 8,193,975
Exception Totals(3):                           23,372,334                21,721,782
Test Values(4):                                70,050,094                68,819,555

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,440,978
Confidence Interval Values:
  State Lower Limit:                                       65,378,577  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        70,050,094  (Within Confidence Interval Limits)
  State Upper Limit:                                       72,260,533  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        78,530,327  (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.