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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
                                                        246-913-246 Leander

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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      1,164,042,222     .9458   1,230,748,807       50
  2      A  - Single-family Residences      1,164,042,222     .9396   1,238,869,968       50
  3      A  - Single-family Residences      1,164,042,222     .9378   1,241,247,837       50
  4      A  - Single-family Residences      1,164,042,222     .9668   1,204,015,538       49
  5      B  - Multi-family Residences          80,400,119     .9761      82,368,732        5
  6      C  - Vacant Lots                      95,934,565     .9019     106,369,403       27
  7      C  - Vacant Lots                      96,015,386     .9633      99,673,400       27
  8      C  - Vacant Lots                      96,015,386     .9922      96,770,194        8
  9      C  - Vacant Lots                      95,772,923    1.0641      90,003,687        8
 10      F  - Commercial Real                  98,663,876     .8854     111,434,240        7
 11      F  - Commercial Real                 100,367,843     .9325     107,633,076        7
 12      F  - Commercial Real                 100,492,524     .9611     104,559,904        7
 13      F  - Commercial Real                  95,463,742    1.0219      93,417,890        5

Random Totals:                              5,515,295,252             5,807,112,676      300
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       2,801,399                 2,930,443
 Other Exception Values:                      191,318,059               196,297,298
Exception Totals(3):                          194,119,458               199,227,741
Test Values(4):                             5,709,414,710             6,006,340,417

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    300,317,021
Confidence Interval Values:
  State Lower Limit:                                    5,706,023,396  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     5,709,414,710  (Within Confidence Interval Limits)
  State Upper Limit:                                    6,306,657,438  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     6,289,432,002  (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.