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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:14                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        070-909-070 Milford

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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          3,791,191    1.1079       3,421,961       12
  2      A  - Single-family Residences          3,802,384    1.1345       3,351,595       11
  3      A  - Single-family Residences          3,851,952    1.0157       3,792,411       11
  4      A  - Single-family Residences          3,748,018     .9729       3,852,419       10
  5      D  - Rural Real                       10,395,950    1.0138      10,254,439       12

Random Totals:                                 25,589,495                24,672,825       56
 Cat J Exception Values:                        5,422,499                 5,064,295
 Cat D1 Exception Values:                       3,012,460                 3,002,073
 Other Exception Values:                                0                         0
Exception Totals(3):                            8,434,959                 8,066,368
Test Values(4):                                34,024,454                32,739,193

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,636,960
Confidence Interval Values:
  State Lower Limit:                                       31,102,233  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        34,024,454  (Within Confidence Interval Limits)
  State Upper Limit:                                       34,376,153  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        31,477,633  (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.