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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:09                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        085-903-085 Southland

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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      D  - Rural Real                        3,486,850    1.0089       3,456,091       10
  2      G  - Oil, Gas, Minerals               18,262,660    1.0666      17,122,314       19

Random Totals:                                 21,749,510                20,578,405       29
 Cat J Exception Values:                        4,052,658                 4,197,100
 Cat D1 Exception Values:                       7,482,100                 6,394,146
 Other Exception Values:                                0                         0
Exception Totals(3):                           11,534,758                10,591,246
Test Values(4):                                33,284,268                31,169,651

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,558,483
Confidence Interval Values:
  State Lower Limit:                                       29,611,168  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       32,728,134  (State Test Value Plus Margin of Error Value)
  Local Test Value:                                        33,284,268  (Outside of ConfidenceInterval Limits)
Value Assigned (5):                                        36,002,020  (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.