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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:16                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        223-902-223 Meadow

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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          1,237,764    1.0104       1,225,024        7
  2      A  - Single-family Residences          1,197,852     .9469       1,265,025        6
  3      A  - Single-family Residences          1,253,626    1.0414       1,203,789        6
  4      A  - Single-family Residences          1,174,315     .9531       1,232,101        5
  5      D  - Rural Real                        5,567,958     .9768       5,700,203       13
  6      G  - Oil, Gas, Minerals                8,473,742     .9975       8,494,979       12

Random Totals:                                 18,905,257                19,121,121       49
 Cat J Exception Values:                        2,088,330                 1,899,531
 Cat D1 Exception Values:                      17,998,578                16,634,420
 Other Exception Values:                        7,124,828                 6,801,216
Exception Totals(3):                           27,211,736                25,335,167
Test Values(4):                                46,116,993                44,456,288

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,222,814
Confidence Interval Values:
  State Lower Limit:                                       42,233,474  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        46,116,993  (Within Confidence Interval Limits)
  State Upper Limit:                                       46,679,102  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        49,845,516  (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.