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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        241-902-241 East Bernard

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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         15,249,980     .9923      15,368,316       15
  2      A  - Single-family Residences         15,301,348     .9554      16,015,646       15
  3      A  - Single-family Residences         15,211,453     .9364      16,244,610       15
  4      A  - Single-family Residences         15,249,980     .9354      16,303,164       15
  5      D  - Rural Real                       20,673,520    1.0160      20,347,953       20
  6      F  - Commercial Real                   1,993,370     .9457       2,107,825        8
  7      F  - Commercial Real                   2,011,063     .9594       2,096,167        8
  8      F  - Commercial Real                   2,023,701     .9788       2,067,533        5
  9      F  - Commercial Real                   1,976,520     .7313       2,702,749        4
 10      G  - Oil, Gas, Minerals               27,016,450     .9867      27,380,612       18

Random Totals:                                116,707,385               120,634,575      123
 Cat J Exception Values:                       12,076,134                12,071,611
 Cat D1 Exception Values:                      24,067,640                21,359,867
 Other Exception Values:                                0                         0
Exception Totals(3):                           36,143,774                33,431,478
Test Values(4):                               152,851,159               154,066,053

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,703,303
Confidence Interval Values:
  State Lower Limit:                                      146,362,750  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       152,851,159  (Within Confidence Interval Limits)
  State Upper Limit:                                      161,769,356  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       178,232,739  (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.