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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        254-902-254 La Pryor

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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          2,186,230    1.0240       2,134,990       11
  2      A  - Single-family Residences          2,166,081     .9891       2,189,951       10
  3      A  - Single-family Residences          2,197,221     .9752       2,253,098       10
  4      A  - Single-family Residences          2,153,258     .9799       2,197,426        9
  5      G  - Oil, Gas, Minerals                2,800,321     .9577       2,924,006       12

Random Totals:                                 11,503,111                11,699,471       52
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      10,361,344                12,084,186
 Other Exception Values:                        9,162,868                 8,730,369
Exception Totals(3):                           19,524,212                20,814,555
Test Values(4):                                31,027,323                32,514,026

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,625,701
Confidence Interval Values:
  State Lower Limit:                                       30,888,325  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        31,027,323  (Within Confidence Interval Limits)
  State Upper Limit:                                       34,139,727  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        31,531,676  (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.