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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:49                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        050-909-050 Jonesboro

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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          1,262,084    1.2605       1,001,257        8
  2      A  - Single-family Residences          1,255,787     .7996       1,570,519        8
  3      A  - Single-family Residences          1,263,658     .8924       1,416,022        8
  4      A  - Single-family Residences          1,204,359     .8645       1,393,128        7
  5      D  - Rural Real                       22,719,894    1.1899      19,093,952       12

Random Totals:                                 27,705,782                24,474,878       43
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       9,122,260                 8,782,799
 Other Exception Values:                                0                         0
Exception Totals(3):                            9,122,260                 8,782,799
Test Values(4):                                36,828,042                33,257,677

Margin of Error Percent:                                    8.2068811
Margin of Error Value:                                      2,729,418
Confidence Interval Values:
  State Lower Limit:                                       30,528,259  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       35,987,095  (State Test Value Plus Margin of Error Value)
  Local Test Value:                                        36,828,042  (Outside of ConfidenceInterval Limits)
Value Assigned (5):                                        35,749,159  (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.