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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:56                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        162-904-162 McMullen County

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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      D  - Rural Real                       13,516,459     .9069      14,904,024       11
  2      G  - Oil, Gas, Minerals              126,321,070     .9832     128,479,526       12

Random Totals:                                139,837,529               143,383,550       23
 Cat J Exception Values:                        6,012,679                 5,693,785
 Cat D1 Exception Values:                      19,199,795                29,153,624
 Other Exception Values:                                0                         0
Exception Totals(3):                           25,212,474                34,847,409
Test Values(4):                               165,050,003               178,230,959

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,911,548
Confidence Interval Values:
  Local Test Value:                                       165,050,003  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      169,319,411  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      187,142,507  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       196,085,812  (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.