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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:53                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        146-901-146 Cleveland

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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         63,034,422     .8821      71,459,497        8
  2      A  - Single-family Residences         62,954,867     .9580      65,714,892       14
  3      A  - Single-family Residences         62,981,385     .9261      68,007,110       21
  4      A  - Single-family Residences         62,954,867     .9826      64,069,679       24
  5      C  - Vacant Lots                       6,282,648     .7139       8,800,459        7
  6      C  - Vacant Lots                       6,280,004     .9454       6,642,695        7
  7      C  - Vacant Lots                       6,364,618     .9853       6,459,574        7
  8      C  - Vacant Lots                       6,184,812    1.1622       5,321,642        7
  9      D  - Rural Real                       38,933,435     .9378      41,515,712       20
 10      F  - Commercial Real                  15,813,760    1.0019      15,783,771        7
 11      F  - Commercial Real                  15,933,561     .8122      19,617,780        8
 12      F  - Commercial Real                  15,800,449     .9548      16,548,438        7
 13      F  - Commercial Real                  15,667,337     .9514      16,467,666        2
 14      L  - Commercial Personal              12,627,880    1.0887      11,599,045        7
 15      L  - Commercial Personal              12,787,457    1.0149      12,599,721        7
 16      L  - Commercial Personal              14,739,619    1.0318      14,285,345        5

Random Totals:                                419,341,121               444,893,026      158
 Cat J Exception Values:                       37,085,512                37,531,531
 Cat D1 Exception Values:                      22,605,590                19,117,835
 Other Exception Values:                       11,389,714                11,575,158
Exception Totals(3):                           71,080,816                68,224,524
Test Values(4):                               490,421,937               513,117,550

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     25,655,878
Confidence Interval Values:
  State Lower Limit:                                      487,461,672  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       490,421,937  (Within Confidence Interval Limits)
  State Upper Limit:                                      538,773,428  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       473,929,893  (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.