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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        166-905-166 Thorndale

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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          7,662,480     .9069       8,449,090       20
  2      A  - Single-family Residences          7,727,060     .9950       7,765,889       18
  3      A  - Single-family Residences          7,717,373    1.0050       7,678,978       18
  4      A  - Single-family Residences          7,575,296     .9311       8,135,857       14
  5      D  - Rural Real                       34,383,718     .9716      35,388,759       20

Random Totals:                                 65,065,927                67,418,573       90
 Cat J Exception Values:                        7,481,389                 7,840,331
 Cat D1 Exception Values:                      10,180,350                 9,610,567
 Other Exception Values:                                0                         0
Exception Totals(3):                           17,661,739                17,450,898
Test Values(4):                                82,727,666                84,869,471

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,243,474
Confidence Interval Values:
  State Lower Limit:                                       80,625,997  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        82,727,666  (Within Confidence Interval Limits)
  State Upper Limit:                                       89,112,945  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        78,547,879  (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.