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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:41                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        005-901-005 Archer City

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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          9,779,853     .8930      10,951,683       15
  2      A  - Single-family Residences          9,693,850     .9631      10,065,258       13
  3      A  - Single-family Residences          9,771,663    1.0181       9,597,940       14
  4      A  - Single-family Residences          9,665,182     .9501      10,172,805       14
  5      D  - Rural Real                       13,695,330     .8492      16,127,332       23
  6      F  - Commercial Real                   1,835,818    1.0968       1,673,795       10
  7      F  - Commercial Real                   1,838,105     .8753       2,099,971        8
  8      F  - Commercial Real                   1,874,700     .9954       1,883,363        7
  9      F  - Commercial Real                   1,706,976     .9467       1,803,080        3
 10      G  - Oil, Gas, Minerals               23,545,370    1.0356      22,735,969       17

Random Totals:                                 83,406,847                87,111,196      124
 Cat J Exception Values:                        9,076,966                 9,164,307
 Cat D1 Exception Values:                      16,327,260                15,975,431
 Other Exception Values:                                0                         0
Exception Totals(3):                           25,404,226                25,139,738
Test Values(4):                               108,811,073               112,250,934

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      5,612,547
Confidence Interval Values:
  State Lower Limit:                                      106,638,387  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       108,811,073  (Within Confidence Interval Limits)
  State Upper Limit:                                      117,863,481  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       114,718,786  (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.