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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:53                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        015-912-015 Southwest

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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        118,989,520    1.0167     117,035,035       22
  2      A  - Single-family Residences        116,715,520     .9924     117,609,351       28
  3      A  - Single-family Residences        116,913,259     .9741     120,021,824       50
  4      A  - Single-family Residences        116,863,824    1.0050     116,282,412       36
  5      D  - Rural Real                       66,018,064     .9346      70,637,774       21
  6      F  - Commercial Real                  14,353,478     .9931      14,453,205        8
  7      F  - Commercial Real                  14,765,308     .9505      15,534,254        7
  8      F  - Commercial Real                  14,317,140     .8970      15,961,137        5
  9      F  - Commercial Real                  14,129,395    1.0453      13,517,072        4

Random Totals:                                593,065,508               601,052,064      181
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,328,183                 4,710,922
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,328,183                 4,710,922
Test Values(4):                               597,393,691               605,762,986

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     30,288,149
Confidence Interval Values:
  State Lower Limit:                                      575,474,837  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       597,393,691  (Within Confidence Interval Limits)
  State Upper Limit:                                      636,051,135  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       597,668,488  (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.