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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:02                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        231-901-231 McCamey

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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          4,036,135     .9862       4,092,613        9
  2      A  - Single-family Residences          4,054,852     .9450       4,290,849        9
  3      A  - Single-family Residences          4,058,255     .9887       4,104,637        8
  4      A  - Single-family Residences          4,015,716    1.0020       4,007,701        9
  5      G  - Oil, Gas, Minerals              264,341,310    1.0055     262,895,385       25

Random Totals:                                280,506,268               279,391,185       60
 Cat J Exception Values:                        8,742,191                 8,525,017
 Cat D1 Exception Values:                         775,350                 1,075,426
 Other Exception Values:                      130,613,640               161,622,724
Exception Totals(3):                          140,131,181               171,223,167
Test Values(4):                               420,637,449               450,614,352

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     22,530,718
Confidence Interval Values:
  Local Test Value:                                       420,637,449  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      428,083,634  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      473,145,070  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       658,314,231  (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.