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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:44                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        154-901-154 Madisonville CISD

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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         22,634,013     .9721      23,283,626        9
  2      A  - Single-family Residences         22,548,386     .8904      25,323,884       10
  3      A  - Single-family Residences         22,672,069     .8686      26,101,852       17
  4      A  - Single-family Residences         22,538,872     .8771      25,697,038       10
  5      D  - Rural Real                       92,059,162     .9571      96,185,521       37
  6      F  - Commercial Real                   7,540,417    1.0098       7,467,238       10
  7      F  - Commercial Real                   7,477,265    1.0078       7,419,394        8
  8      F  - Commercial Real                   7,524,629     .8677       8,671,925        7
  9      F  - Commercial Real                   7,464,634     .9533       7,830,309        7
 10      G  - Oil, Gas, Minerals               24,064,170    1.0187      23,622,431       13

Random Totals:                                236,523,617               251,603,218      128
 Cat J Exception Values:                       18,412,680                18,925,410
 Cat D1 Exception Values:                      15,137,990                15,509,886
 Other Exception Values:                                0                         0
Exception Totals(3):                           33,550,670                34,435,296
Test Values(4):                               270,074,287               286,038,514

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     14,301,926
Confidence Interval Values:
  Local Test Value:                                       270,074,287  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      271,736,588  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      300,340,440  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       283,813,024  (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.