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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:22                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        174-901-174 Chireno

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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          2,368,948     .8926       2,653,986        7
  2      A  - Single-family Residences          2,355,112     .9696       2,428,952        8
  3      A  - Single-family Residences          2,361,042     .9486       2,488,975        7
  4      A  - Single-family Residences          2,312,615    1.0309       2,243,297        7
  5      D  - Rural Real                       13,282,490    1.0587      12,546,038       11

Random Totals:                                 22,680,207                22,361,248       40
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      10,617,680                10,833,451
 Other Exception Values:                                0                         0
Exception Totals(3):                           10,617,680                10,833,451
Test Values(4):                                33,297,887                33,194,699

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,659,735
Confidence Interval Values:
  State Lower Limit:                                       31,534,964  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        33,297,887  (Within Confidence Interval Limits)
  State Upper Limit:                                       34,854,434  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        30,657,164  (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.