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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:01                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        077-902-077 Lockney

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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          5,338,559     .9214       5,793,965        7
  2      A  - Single-family Residences          5,309,435     .8979       5,913,170        7
  3      A  - Single-family Residences          5,372,163     .8934       6,013,167        7
  4      A  - Single-family Residences          5,269,110     .9742       5,408,653        7
  5      D  - Rural Real                       11,511,950    1.0523      10,939,799       10
  6      L  - Commercial Personal              13,393,320     .9980      13,420,160       10

Random Totals:                                 46,194,537                47,488,914       48
 Cat J Exception Values:                        5,114,890                 4,980,344
 Cat D1 Exception Values:                      26,428,450                24,558,486
 Other Exception Values:                                0                         0
Exception Totals(3):                           31,543,340                29,538,830
Test Values(4):                                77,737,877                77,027,744

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,851,387
Confidence Interval Values:
  State Lower Limit:                                       73,176,357  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        77,737,877  (Within Confidence Interval Limits)
  State Upper Limit:                                       80,879,131  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        81,785,142  (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.