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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        178-914-178 Flour Bluff

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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        222,194,450     .9087     244,519,038       25
  2      A  - Single-family Residences        222,100,894     .9289     239,100,973       25
  3      A  - Single-family Residences        222,288,005     .9010     246,712,547       25
  4      A  - Single-family Residences        222,007,339     .9086     244,340,017       25
  5      C  - Vacant Lots                      21,374,674     .7184      29,753,165       36
  6      C  - Vacant Lots                      21,392,826     .9612      22,256,373       53
  7      C  - Vacant Lots                      21,447,284     .7680      27,926,151       31
  8      C  - Vacant Lots                      21,238,529    1.0496      20,234,879       17
  9      F  - Commercial Real                  14,279,634     .8538      16,724,800       13
 10      F  - Commercial Real                  14,399,329     .9639      14,938,613        7
 11      F  - Commercial Real                  14,291,604    1.0540      13,559,397        6
 12      F  - Commercial Real                  13,884,640     .9052      15,338,754        4

Random Totals:                              1,030,899,208             1,135,404,707      267
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         697,317                   756,326
 Other Exception Values:                                0                         0
Exception Totals(3):                              697,317                   756,326
Test Values(4):                             1,031,596,525             1,136,161,033

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     56,808,052
Confidence Interval Values:
  Local Test Value:                                     1,031,596,525  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                    1,079,352,981  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                    1,192,969,085  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,053,029,019  (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.