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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
                                                        161-918-161 Axtell

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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          8,299,223     .9652       8,598,449       11
  2      A  - Single-family Residences          8,295,738    1.0348       8,016,755       11
  3      A  - Single-family Residences          8,320,137     .9860       8,438,273       10
  4      A  - Single-family Residences          8,198,141     .9644       8,500,768       11
  5      D  - Rural Real                       28,529,802     .9162      31,139,273       20

Random Totals:                                 61,643,041                64,693,518       63
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,386,648                 3,773,794
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,386,648                 3,773,794
Test Values(4):                                66,029,689                68,467,312

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,423,366
Confidence Interval Values:
  State Lower Limit:                                       65,043,946  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        66,029,689  (Within Confidence Interval Limits)
  State Upper Limit:                                       71,890,678  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        59,723,212  (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.