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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:19                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        094-903-094 Navarro

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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         39,492,838     .9857      40,065,779       43
  2      A  - Single-family Residences         39,409,835    1.0384      37,952,461       31
  3      A  - Single-family Residences         39,492,838    1.0097      39,113,438       18
  4      A  - Single-family Residences         39,277,030     .9585      40,977,600       11
  5      D  - Rural Real                       36,627,967     .9747      37,578,708       20

Random Totals:                                194,300,508               195,687,986      123
 Cat J Exception Values:                        5,161,468                 5,446,323
 Cat D1 Exception Values:                       5,520,635                 5,457,755
 Other Exception Values:                                0                         0
Exception Totals(3):                           10,682,103                10,904,078
Test Values(4):                               204,982,611               206,592,064

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     10,329,603
Confidence Interval Values:
  State Lower Limit:                                      196,262,461  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       204,982,611  (Within Confidence Interval Limits)
  State Upper Limit:                                      216,921,667  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       371,958,153  (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.