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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:03                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        212-903-212 Lindale

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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        112,572,433    1.0625     105,950,525       60
  2      A  - Single-family Residences        112,619,812    1.0232     110,066,274       74
  3      A  - Single-family Residences        112,525,054     .9943     113,170,124       66
  4      A  - Single-family Residences        112,430,296     .9948     113,017,990       38
  5      D  - Rural Real                      110,947,100    1.0432     106,352,665       54
  6      F  - Commercial Real                  11,471,178     .8988      12,762,770        7
  7      F  - Commercial Real                  11,651,488    1.0607      10,984,716        6
  8      F  - Commercial Real                  12,037,868     .9724      12,379,543        6
  9      F  - Commercial Real                  10,586,798    1.1493       9,211,518        3
 10      L  - Commercial Personal               3,818,970     .9954       3,836,618        6
 11      L  - Commercial Personal               3,771,706    1.0352       3,643,456        7
 12      L  - Commercial Personal               3,951,311    1.0460       3,777,544        4
 13      L  - Commercial Personal               3,440,854    1.0001       3,440,510        3

Random Totals:                                621,824,868               608,594,253      334
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      10,888,368                 8,915,876
 Other Exception Values:                       86,049,446                85,449,685
Exception Totals(3):                           96,937,814                94,365,561
Test Values(4):                               718,762,682               702,959,814

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     35,147,991
Confidence Interval Values:
  State Lower Limit:                                      667,811,823  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       718,762,682  (Within Confidence Interval Limits)
  State Upper Limit:                                      738,107,805  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       650,719,494  (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.