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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
                                                        178-915-178 West Oso

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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         21,288,025     .9221      23,086,460        9
  2      A  - Single-family Residences         21,332,861     .9993      21,347,804       10
  3      A  - Single-family Residences         21,296,992     .9782      21,771,613       10
  4      A  - Single-family Residences         21,288,025    1.0463      20,346,005       16
  5      F  - Commercial Real                  22,577,719     .9725      23,216,163        7
  6      F  - Commercial Real                  22,700,527     .9164      24,771,418        7
  7      F  - Commercial Real                  23,390,139     .9520      24,569,474        6
  8      F  - Commercial Real                  21,122,921     .9759      21,644,555        5
  9      G  - Oil, Gas, Minerals                4,852,352    1.0034       4,835,910       12
 10      L  - Commercial Personal              18,888,044    1.0440      18,091,996        7
 11      L  - Commercial Personal              19,403,677    1.0275      18,884,357        6
 12      L  - Commercial Personal              19,784,453     .9750      20,291,747        5
 13      L  - Commercial Personal              17,285,615     .9192      18,805,064        2

Random Totals:                                255,211,350               261,662,566      102
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,304,401                 6,782,599
 Other Exception Values:                        8,893,068                 8,734,947
Exception Totals(3):                           15,197,469                15,517,546
Test Values(4):                               270,408,819               277,180,112

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     13,859,006
Confidence Interval Values:
  State Lower Limit:                                      263,321,106  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       270,408,819  (Within Confidence Interval Limits)
  State Upper Limit:                                      291,039,118  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       310,795,139  (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.