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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:05                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        170-908-170 New Caney

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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        113,912,548     .9976     114,186,596        8
  2      A  - Single-family Residences        113,864,605    1.0787     105,557,249        8
  3      A  - Single-family Residences        113,864,605     .9736     116,952,142       18
  4      A  - Single-family Residences        113,864,605     .9817     115,987,170       20
  5      B  - Multi-family Residences          67,733,106    1.0183      66,515,866        7
  6      C  - Vacant Lots                      16,983,661     .9569      17,748,627        7
  7      C  - Vacant Lots                      17,047,777     .9850      17,307,388        7
  8      C  - Vacant Lots                      16,734,320    1.0167      16,459,447        8
  9      C  - Vacant Lots                      16,891,049    1.0005      16,882,608        7
 10      F  - Commercial Real                  56,083,120    1.0245      54,741,942        7
 11      F  - Commercial Real                  57,380,249    1.0104      56,789,637        6
 12      F  - Commercial Real                  59,738,664     .9096      65,675,752        5
 13      L  - Commercial Personal              26,832,818     .9895      27,117,552        7
 14      L  - Commercial Personal              27,271,594     .9926      27,474,908        7
 15      L  - Commercial Personal              33,346,949     .9669      34,488,519        5

Random Totals:                                851,549,670               853,885,403      127
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      15,751,434                15,659,835
 Other Exception Values:                       55,143,012                54,858,844
Exception Totals(3):                           70,894,446                70,518,679
Test Values(4):                               922,444,116               924,404,082

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     46,220,204
Confidence Interval Values:
  State Lower Limit:                                      878,183,878  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       922,444,116  (Within Confidence Interval Limits)
  State Upper Limit:                                      970,624,286  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       953,205,562  (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.