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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:37                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        239-901-239 Brenham

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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        132,272,338     .9891     133,729,995       22
  2      A  - Single-family Residences        132,272,338     .9685     136,574,433       13
  3      A  - Single-family Residences        132,272,338     .9424     140,356,895       15
  4      A  - Single-family Residences        132,216,644     .9761     135,453,994       11
  5      D  - Rural Real                      357,762,587     .9438     379,066,102       25
  6      F  - Commercial Real                  37,620,568     .9542      39,426,292        8
  7      F  - Commercial Real                  37,762,711    1.0008      37,732,525        7
  8      F  - Commercial Real                  38,157,554     .9587      39,801,350        7
  9      F  - Commercial Real                  36,499,216     .9855      37,036,242        5
 10      G  - Oil, Gas, Minerals               79,994,365    1.0105      79,163,152       12
 11      L  - Commercial Personal              22,315,688     .9930      22,472,999        7
 12      L  - Commercial Personal              22,569,275    1.1630      19,406,083        7
 13      L  - Commercial Personal              22,719,549    1.0442      21,757,852        6
 14      L  - Commercial Personal              21,630,063     .9587      22,561,868        4

Random Totals:                              1,206,065,234             1,244,539,782      149
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      23,850,760                22,248,635
 Other Exception Values:                                0                         0
Exception Totals(3):                           23,850,760                22,248,635
Test Values(4):                             1,229,915,994             1,266,788,417

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     63,339,421
Confidence Interval Values:
  State Lower Limit:                                    1,203,448,996  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,229,915,994  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,330,127,838  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,345,902,402  (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.