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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:22                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        250-902-250 Hawkins

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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         18,878,151    1.0550      17,893,982        7
  2      A  - Single-family Residences         18,909,959     .8813      21,456,892       11
  3      A  - Single-family Residences         18,878,151     .8383      22,519,565       11
  4      A  - Single-family Residences         18,886,103     .9347      20,205,524       11
  5      D  - Rural Real                       43,337,939     .9844      44,024,725       24
  6      G  - Oil, Gas, Minerals               12,227,296    1.0149      12,047,784       12

Random Totals:                                131,117,599               138,148,472       76
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       9,039,620                 6,124,145
 Other Exception Values:                       96,145,184                99,064,033
Exception Totals(3):                          105,184,804               105,188,178
Test Values(4):                               236,302,403               243,336,650

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     12,166,833
Confidence Interval Values:
  State Lower Limit:                                      231,169,817  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       236,302,403  (Within Confidence Interval Limits)
  State Upper Limit:                                      255,503,483  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       318,178,563  (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.