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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:49                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        161-910-014 Moody

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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         10,143,439     .8704      11,653,767       10
  2      A  - Single-family Residences         10,160,530     .9516      10,677,312       11
  3      A  - Single-family Residences         10,181,894    1.0102      10,079,087       10
  4      A  - Single-family Residences         10,109,257     .9726      10,394,054        9
  5      D  - Rural Real                       28,272,875     .9663      29,258,900       12

Random Totals:                                 68,867,995                72,063,120       52
 Cat J Exception Values:                        8,043,170                 8,327,477
 Cat D1 Exception Values:                       7,264,293                 6,712,755
 Other Exception Values:                                0                         0
Exception Totals(3):                           15,307,463                15,040,232
Test Values(4):                                84,175,458                87,103,352

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,355,168
Confidence Interval Values:
  State Lower Limit:                                       82,748,184  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        84,175,458  (Within Confidence Interval Limits)
  State Upper Limit:                                       91,458,520  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        78,777,555  (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.