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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:33                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        146-903-146 Devers

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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          2,546,604     .9916       2,568,177        7
  2      A  - Single-family Residences          2,590,529     .9685       2,674,785        7
  3      A  - Single-family Residences          2,523,034     .9368       2,693,247        6
  4      A  - Single-family Residences          2,509,106    1.0431       2,405,432        7
  5      D  - Rural Real                        8,100,490     .7293      11,107,212       10
  6      G  - Oil, Gas, Minerals               47,963,163     .9922      48,340,217       10

Random Totals:                                 66,232,926                69,789,070       47
 Cat J Exception Values:                        6,568,943                 6,503,675
 Cat D1 Exception Values:                      15,304,200                11,750,063
 Other Exception Values:                      118,246,467               116,681,183
Exception Totals(3):                          140,119,610               134,934,921
Test Values(4):                               206,352,536               204,723,991

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     10,236,200
Confidence Interval Values:
  State Lower Limit:                                      194,487,791  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       206,352,536  (Within Confidence Interval Limits)
  State Upper Limit:                                      214,960,191  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       235,618,321  (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.