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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:33                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        204-901-204 Coldsprings-Oakhurst CISD

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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         84,705,814     .9209      91,981,555       34
  2      A  - Single-family Residences         84,848,477     .8946      94,845,156       28
  3      A  - Single-family Residences         84,563,152     .8923      94,769,867       27
  4      A  - Single-family Residences         84,705,814     .9477      89,380,409       23
  5      C  - Vacant Lots                      12,122,589    1.0127      11,970,563       20
  6      C  - Vacant Lots                      12,153,370     .9470      12,833,548       48
  7      C  - Vacant Lots                      12,112,329    1.0291      11,769,827       37
  8      C  - Vacant Lots                      12,112,329     .9863      12,280,573       20
  9      D  - Rural Real                       67,101,790     .9818      68,345,681       29

Random Totals:                                454,425,664               488,177,179      266
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      33,273,080                25,958,621
 Other Exception Values:                                0                         0
Exception Totals(3):                           33,273,080                25,958,621
Test Values(4):                               487,698,744               514,135,800

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     25,706,790
Confidence Interval Values:
  Local Test Value:                                       487,698,744  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      488,429,010  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      539,842,590  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       517,989,460  (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.