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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:10                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        108-914-108 La Villa

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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          3,468,247     .9626       3,602,999       11
  2      A  - Single-family Residences          3,479,925     .9450       3,682,460        9
  3      A  - Single-family Residences          3,475,546     .9122       3,810,070       10
  4      A  - Single-family Residences          3,455,110     .9781       3,532,471        9
  5      D  - Rural Real                        2,601,130     .9335       2,786,427       13
  6      F  - Commercial Real                   7,969,431     .9634       8,272,193        8

Random Totals:                                 24,449,389                25,686,620       60
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,113,239                 5,977,530
 Other Exception Values:                                0                         0
Exception Totals(3):                            6,113,239                 5,977,530
Test Values(4):                                30,562,628                31,664,150

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,583,208
Confidence Interval Values:
  State Lower Limit:                                       30,080,942  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        30,562,628  (Within Confidence Interval Limits)
  State Upper Limit:                                       33,247,358  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        44,965,554  (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.