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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:17                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        246-906-246 Hutto

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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         80,547,574     .9456      85,181,445       30
  2      A  - Single-family Residences         80,717,291     .9702      83,196,548       30
  3      A  - Single-family Residences         80,581,517     .9770      82,478,523       30
  4      A  - Single-family Residences         80,717,291     .9517      84,813,797       14
  5      C  - Vacant Lots                       7,371,879     .9260       7,960,992        8
  6      C  - Vacant Lots                       8,629,123    1.0359       8,330,073        7
  7      C  - Vacant Lots                       6,055,361     .8218       7,368,412        6
  8      C  - Vacant Lots                       7,340,682    1.0047       7,306,342        8
  9      D  - Rural Real                       68,410,083     .9757      70,113,850       18
 10      F  - Commercial Real                  11,601,307    1.0156      11,423,107       10
 11      F  - Commercial Real                  12,140,446     .9913      12,246,995        7
 12      F  - Commercial Real                  13,949,015     .9641      14,468,432        4

Random Totals:                                458,061,569               474,888,516      172
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,432,136                 6,994,855
 Other Exception Values:                        5,561,842                 5,676,952
Exception Totals(3):                           11,993,978                12,671,807
Test Values(4):                               470,055,547               487,560,323

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     24,378,016
Confidence Interval Values:
  State Lower Limit:                                      463,182,307  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       470,055,547  (Within Confidence Interval Limits)
  State Upper Limit:                                      511,938,339  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       538,623,851  (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.