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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
                                                        241-906-241 Louise

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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          6,458,807     .9757       6,619,665        8
  2      A  - Single-family Residences          6,499,582    1.0415       6,240,597        8
  3      A  - Single-family Residences          6,510,455     .9771       6,663,039        8
  4      A  - Single-family Residences          6,369,101     .9219       6,908,668        7
  5      D  - Rural Real                       18,322,240    1.0240      17,892,813       23
  6      G  - Oil, Gas, Minerals               28,096,627     .9845      28,538,981       13
  7      L  - Commercial Personal               1,378,072    1.0337       1,333,145        6
  8      L  - Commercial Personal               1,378,818     .9595       1,437,017        4

Random Totals:                                 75,013,702                75,633,925       77
 Cat J Exception Values:                        6,223,027                 6,051,430
 Cat D1 Exception Values:                      26,562,670                25,436,522
 Other Exception Values:                       10,547,142                10,627,528
Exception Totals(3):                           43,332,839                42,115,480
Test Values(4):                               118,346,541               117,749,405

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      5,887,470
Confidence Interval Values:
  State Lower Limit:                                      111,861,935  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       118,346,541  (Within Confidence Interval Limits)
  State Upper Limit:                                      123,636,875  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       132,098,288  (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.