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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:09                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        031-911-031 Rio Hondo

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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         18,186,109     .9174      19,823,533       16
  2      A  - Single-family Residences         18,232,072     .9515      19,161,400       15
  3      A  - Single-family Residences         18,216,751     .9572      19,031,290       15
  4      A  - Single-family Residences         18,140,145     .9830      18,453,861       15
  5      C  - Vacant Lots                       2,003,195     .9075       2,207,377        7
  6      C  - Vacant Lots                       1,727,189     .9895       1,745,517        7
  7      C  - Vacant Lots                       1,845,254    1.0154       1,817,268        7
  8      C  - Vacant Lots                       1,857,764     .9780       1,899,554        7
  9      D  - Rural Real                       19,962,947     .8390      23,793,739       20

Random Totals:                                100,171,426               107,933,539      109
 Cat J Exception Values:                       11,164,148                11,432,517
 Cat D1 Exception Values:                       9,600,976                10,630,161
 Other Exception Values:                                0                         0
Exception Totals(3):                           20,765,124                22,062,678
Test Values(4):                               120,936,550               129,996,217

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,499,811
Confidence Interval Values:
  Local Test Value:                                       120,936,550  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      123,496,406  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      136,496,028  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       124,998,130  (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.