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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        161-907-161 Lorena

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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         42,066,514     .9022      46,626,595       13
  2      A  - Single-family Residences         41,978,028     .9590      43,772,709       20
  3      A  - Single-family Residences         42,013,422     .9664      43,474,154       24
  4      A  - Single-family Residences         42,084,212     .9887      42,565,199       16
  5      D  - Rural Real                       38,511,269     .9250      41,633,804       21

Random Totals:                                206,653,445               218,072,461       94
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,024,545                 4,311,048
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,024,545                 4,311,048
Test Values(4):                               210,677,990               222,383,509

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     11,119,175
Confidence Interval Values:
  Local Test Value:                                       210,677,990  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      211,264,334  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      233,502,684  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       210,544,212  (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.