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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:45                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        011-905-011 McDade

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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          4,511,273     .9797       4,604,749        9
  2      A  - Single-family Residences          4,484,924     .9778       4,586,750       11
  3      A  - Single-family Residences          4,479,278     .9980       4,488,255        8
  4      A  - Single-family Residences          4,413,407     .9893       4,461,141       12
  5      D  - Rural Real                       27,977,121     .9948      28,123,362       22

Random Totals:                                 45,866,003                46,264,257       62
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,707,022                 2,005,401
 Other Exception Values:                                0                         0
Exception Totals(3):                            1,707,022                 2,005,401
Test Values(4):                                47,573,025                48,269,658

Margin of Error Percent:                                    6.3042730
Margin of Error Value:                                      3,043,051
Confidence Interval Values:
  State Lower Limit:                                       45,226,607  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        47,573,025  (Within Confidence Interval Limits)
  State Upper Limit:                                       51,312,709  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        49,698,276  (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.