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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:57                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-908-019 Liberty-Eylau

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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         41,610,300    1.0652      39,063,368        7
  2      A  - Single-family Residences         41,645,340    1.1275      36,936,000        9
  3      A  - Single-family Residences         41,592,780     .9273      44,853,640        7
  4      A  - Single-family Residences         41,592,780     .9525      43,666,961        8
  5      D  - Rural Real                       35,611,491    1.0943      32,542,713       10
  6      F  - Commercial Real                  13,235,600     .9080      14,576,652        7
  7      F  - Commercial Real                  13,047,861     .9727      13,414,065        6
  8      F  - Commercial Real                  13,384,687     .9916      13,498,071        5
  9      F  - Commercial Real                  12,815,948     .9968      12,857,091        3
 10      L  - Commercial Personal              33,558,864    1.0468      32,058,525       10

Random Totals:                                288,095,651               283,467,086       72
 Cat J Exception Values:                        9,047,757                 9,218,624
 Cat D1 Exception Values:                       3,143,686                 2,544,111
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,191,443                11,762,735
Test Values(4):                               300,287,094               295,229,821

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     14,761,491
Confidence Interval Values:
  State Lower Limit:                                      280,468,330  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       300,287,094  (Within Confidence Interval Limits)
  State Upper Limit:                                      309,991,312  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       349,346,959  (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.