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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
                                                        019-910-019 Malta

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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            885,467     .9923         892,338        7
  2      A  - Single-family Residences            908,048     .9835         923,282        6
  3      A  - Single-family Residences            838,825    1.0154         826,103        6
  4      A  - Single-family Residences            892,130    1.0079         885,137        7
  5      D  - Rural Real                        6,946,895     .9794       7,093,011       10

Random Totals:                                 10,471,365                10,619,871       36
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         719,111                   835,365
 Other Exception Values:                                0                         0
Exception Totals(3):                              719,111                   835,365
Test Values(4):                                11,190,476                11,455,236

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                        572,762
Confidence Interval Values:
  State Lower Limit:                                       10,882,474  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        11,190,476  (Within Confidence Interval Limits)
  State Upper Limit:                                       12,027,998  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                         9,098,028  (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.