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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:25                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        193-902-193 Leakey

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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         12,864,002    1.0102      12,734,114       14
  2      A  - Single-family Residences         12,654,350     .9626      13,146,011       14
  3      A  - Single-family Residences         12,842,499     .9616      13,355,344       13
  4      A  - Single-family Residences         12,702,732     .9538      13,318,025       13
  5      C  - Vacant Lots                       4,804,567    1.0995       4,369,774       10
  6      C  - Vacant Lots                       4,822,774    1.0269       4,696,440       10
  7      C  - Vacant Lots                       4,790,406     .9280       5,162,075       10
  8      C  - Vacant Lots                       4,802,544     .9838       4,881,626       10
  9      D  - Rural Real                       24,114,885     .9621      25,064,843       20
 10      F  - Commercial Real                   2,098,363    1.0182       2,060,855        6
 11      F  - Commercial Real                   2,126,030     .9962       2,134,140        5
 12      F  - Commercial Real                   2,054,268    1.0521       1,952,541        4
 13      F  - Commercial Real                   1,947,059    1.0982       1,772,955        3

Random Totals:                                102,624,479               104,648,743      132
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      13,275,169                17,439,448
 Other Exception Values:                                0                         0
Exception Totals(3):                           13,275,169                17,439,448
Test Values(4):                               115,899,648               122,088,191

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,104,410
Confidence Interval Values:
  Local Test Value:                                       115,899,648  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      115,983,781  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      128,192,601  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       118,388,851  (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.