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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:00                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        210-901-210 Center

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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         26,249,087    1.0038      26,149,718       11
  2      A  - Single-family Residences         26,260,135     .9527      27,563,908       18
  3      A  - Single-family Residences         26,204,897     .8957      29,256,332       13
  4      A  - Single-family Residences         26,226,992     .8700      30,145,968        9
  5      D  - Rural Real                       61,365,753    1.0971      55,934,512       10
  6      F  - Commercial Real                   9,521,447    1.1501       8,278,799        7
  7      F  - Commercial Real                   9,493,408     .8436      11,253,447        7
  8      F  - Commercial Real                   9,593,549     .9471      10,129,394        9
  9      F  - Commercial Real                   9,409,289     .8940      10,524,932        8
 10      L  - Commercial Personal               8,421,258     .8946       9,413,434        7
 11      L  - Commercial Personal               8,762,516     .8906       9,838,891        6
 12      L  - Commercial Personal              16,447,937     .9926      16,570,559        7

Random Totals:                                237,956,268               245,059,894      112
 Cat J Exception Values:                       18,192,895                18,451,421
 Cat D1 Exception Values:                      29,701,902                24,919,905
 Other Exception Values:                                0                         0
Exception Totals(3):                           47,894,797                43,371,326
Test Values(4):                               285,851,065               288,431,220

Margin of Error Percent:                                    5.2602912
Margin of Error Value:                                     15,172,322
Confidence Interval Values:
  State Lower Limit:                                      273,258,898  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       285,851,065  (Within Confidence Interval Limits)
  State Upper Limit:                                      303,603,542  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       294,772,777  (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.