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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-903-019 Maud

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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          5,950,938    1.0670       5,577,261        7
  2      A  - Single-family Residences          5,950,938     .9672       6,152,748        9
  3      A  - Single-family Residences          5,925,945     .9662       6,133,249        7
  4      A  - Single-family Residences          5,923,445     .9818       6,033,250        8
  5      D  - Rural Real                       11,264,557     .9569      11,771,927       10

Random Totals:                                 35,015,823                35,668,435       41
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,843,077                 1,566,912
 Other Exception Values:                                0                         0
Exception Totals(3):                            1,843,077                 1,566,912
Test Values(4):                                36,858,900                37,235,347

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,861,767
Confidence Interval Values:
  State Lower Limit:                                       35,373,580  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        36,858,900  (Within Confidence Interval Limits)
  State Upper Limit:                                       39,097,114  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        34,944,355  (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.