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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        109-911-109 Whitney

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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         52,296,950     .8041      65,037,868       35
  2      A  - Single-family Residences         52,274,940     .9345      55,938,941       29
  3      A  - Single-family Residences         52,274,940     .9327      56,046,896       17
  4      A  - Single-family Residences         52,274,940    1.0640      49,130,583       15
  5      C  - Vacant Lots                      25,098,802     .8927      28,115,607       46
  6      C  - Vacant Lots                      23,811,420    1.1670      20,403,959       24
  7      C  - Vacant Lots                      24,542,653    1.1625      21,111,960       15
  8      C  - Vacant Lots                      24,377,868    1.0799      22,574,190       15
  9      D  - Rural Real                       32,188,459     .8594      37,454,572       18
 10      F  - Commercial Real                   8,894,659     .9294       9,570,324        7
 11      F  - Commercial Real                   9,025,793    1.0212       8,838,419        7
 12      F  - Commercial Real                   9,231,861    1.0044       9,191,419        6
 13      F  - Commercial Real                   8,445,055    1.1092       7,613,645        4

Random Totals:                                374,738,340               391,028,383      238
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,061,200                 2,892,299
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,061,200                 2,892,299
Test Values(4):                               378,799,540               393,920,682

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     19,696,034
Confidence Interval Values:
  State Lower Limit:                                      374,224,648  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       378,799,540  (Within Confidence Interval Limits)
  State Upper Limit:                                      413,616,716  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       375,177,524  (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.