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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
                                                        212-906-212 Whitehouse

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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        154,178,184     .9929     155,280,677       69
  2      A  - Single-family Residences        154,762,438     .9991     154,901,850       93
  3      A  - Single-family Residences        153,723,764    1.0103     152,156,552       90
  4      A  - Single-family Residences        153,918,515    1.0114     152,183,622       36
  5      D  - Rural Real                       80,633,500    1.0825      74,488,222       21
  6      F  - Commercial Real                  20,528,773     .8915      23,027,227        8
  7      F  - Commercial Real                  20,709,001     .9997      20,715,216        8
  8      F  - Commercial Real                  21,120,949     .9926      21,278,409        6
  9      F  - Commercial Real                  19,121,282    1.0183      18,777,651        3

Random Totals:                                778,696,406               772,809,426      334
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       5,796,405                 5,183,791
 Other Exception Values:                                0                         0
Exception Totals(3):                            5,796,405                 5,183,791
Test Values(4):                               784,492,811               777,993,217

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     38,899,661
Confidence Interval Values:
  State Lower Limit:                                      739,093,556  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       784,492,811  (Within Confidence Interval Limits)
  State Upper Limit:                                      816,892,878  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       950,607,822  (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.