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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:30                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        145-906-145 Normangee

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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         13,143,930     .9298      14,136,298        7
  2      A  - Single-family Residences         13,105,288     .9008      14,548,499        7
  3      A  - Single-family Residences         13,149,451     .9479      13,872,192        7
  4      A  - Single-family Residences         13,033,524     .8288      15,725,777        8
  5      C  - Vacant Lots                      24,937,285     .9987      24,969,746       12
  6      D  - Rural Real                       46,579,661    1.0297      45,236,147       10

Random Totals:                                123,949,139               128,488,659       51
 Cat J Exception Values:                        9,694,862                10,254,100
 Cat D1 Exception Values:                       5,666,487                 5,918,056
 Other Exception Values:                                0                         0
Exception Totals(3):                           15,361,349                16,172,156
Test Values(4):                               139,310,488               144,660,815

Margin of Error Percent:                                    6.8816175
Margin of Error Value:                                      9,955,004
Confidence Interval Values:
  State Lower Limit:                                      134,705,811  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       139,310,488  (Within Confidence Interval Limits)
  State Upper Limit:                                      154,615,819  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       129,292,440  (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.