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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:19                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        184-904-184 Millsap

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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         10,948,243    1.0017      10,929,663        8
  2      A  - Single-family Residences         10,971,263    1.0658      10,293,923        9
  3      A  - Single-family Residences         10,879,183     .9990      10,890,073        8
  4      A  - Single-family Residences         10,957,451     .9813      11,166,260        8
  5      D  - Rural Real                       63,336,930    1.0304      61,468,294       17

Random Totals:                                107,093,070               104,748,213       50
 Cat J Exception Values:                       10,882,332                11,573,365
 Cat D1 Exception Values:                       4,715,400                 3,743,456
 Other Exception Values:                                0                         0
Exception Totals(3):                           15,597,732                15,316,821
Test Values(4):                               122,690,802               120,065,034

Margin of Error Percent:                                    5.2047418
Margin of Error Value:                                      6,249,075
Confidence Interval Values:
  State Lower Limit:                                      113,815,959  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       122,690,802  (Within Confidence Interval Limits)
  State Upper Limit:                                      126,314,109  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       159,646,208  (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.