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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:57                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        206-901-206 San Saba

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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         10,167,655    1.0330       9,842,841       12
  2      A  - Single-family Residences         10,086,689    1.0218       9,871,491       10
  3      A  - Single-family Residences         10,154,871    1.0417       9,748,364       10
  4      A  - Single-family Residences         10,061,121     .9670      10,404,468        6
  5      D  - Rural Real                       36,726,640     .9885      37,153,910       24
  6      F  - Commercial Real                   2,504,898     .9080       2,758,698        7
  7      F  - Commercial Real                   2,499,659     .9477       2,637,606        7
  8      F  - Commercial Real                   2,682,996     .9948       2,697,021        6
  9      L  - Commercial Personal               1,845,431     .8547       2,159,156        7
 10      L  - Commercial Personal               1,804,286     .7905       2,282,462        7
 11      L  - Commercial Personal               1,898,767    1.0006       1,897,628        5
 12      L  - Commercial Personal               1,689,232     .8614       1,961,031        4

Random Totals:                                 92,122,245                93,414,676      105
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      24,419,190                24,944,391
 Other Exception Values:                        2,381,220                 2,531,831
Exception Totals(3):                           26,800,410                27,476,222
Test Values(4):                               118,922,655               120,890,898

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,044,545
Confidence Interval Values:
  State Lower Limit:                                      114,846,353  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       118,922,655  (Within Confidence Interval Limits)
  State Upper Limit:                                      126,935,443  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       118,195,101  (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.