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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:22                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        018-908-097 Cranfills Gap

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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                        6,910,644     .8610       8,026,300       13

Random Totals:                                  6,910,644                 8,026,300       13
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       2,750,380                 2,960,268
 Other Exception Values:                                0                         0
Exception Totals(3):                            2,750,380                 2,960,268
Test Values(4):                                 9,661,024                10,986,568

Margin of Error Percent:                                   10.7093680
Margin of Error Value:                                      1,176,592
Confidence Interval Values:
  Local Test Value:                                         9,661,024  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                        9,809,976  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       12,163,160  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                         9,689,469  (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.