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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:50                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        067-902-067 Cisco

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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          8,973,664    1.1551       7,768,733       37
  2      A  - Single-family Residences          8,898,382    1.0992       8,095,326       21
  3      A  - Single-family Residences          8,969,900    1.0496       8,546,018       19
  4      A  - Single-family Residences          8,913,439    1.0028       8,888,551       13
  5      D  - Rural Real                       21,405,360    1.0499      20,387,999       43
  6      F  - Commercial Real                   2,410,399     .8705       2,768,982        9
  7      F  - Commercial Real                   2,408,381     .9763       2,466,845        7
  8      F  - Commercial Real                   2,893,892     .9707       2,981,242        8
  9      G  - Oil, Gas, Minerals                6,686,120     .9787       6,831,634       12
 10      L  - Commercial Personal               1,107,515     .9165       1,208,418        9
 11      L  - Commercial Personal               1,111,417     .9359       1,187,538        6
 12      L  - Commercial Personal               3,964,424    1.0074       3,935,303        3

Random Totals:                                 77,742,893                75,066,589      187
 Cat J Exception Values:                       13,463,987                14,181,395
 Cat D1 Exception Values:                       8,126,040                 7,226,785
 Other Exception Values:                        1,830,940                 1,742,622
Exception Totals(3):                           23,420,967                23,150,802
Test Values(4):                               101,163,860                98,217,391

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,910,870
Confidence Interval Values:
  State Lower Limit:                                       93,306,521  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       101,163,860  (Within Confidence Interval Limits)
  State Upper Limit:                                      103,128,261  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       136,189,067  (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.