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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
                                                        019-911-019 Red Lick

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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         18,260,761     .9264      19,711,530        7
  2      A  - Single-family Residences         18,115,288     .9754      18,572,163        7
  3      A  - Single-family Residences         18,207,166     .9395      19,379,634        7
  4      A  - Single-family Residences         18,184,196     .9766      18,619,902        7
  5      D  - Rural Real                       12,707,438     .9756      13,025,254       11

Random Totals:                                 85,474,849                89,308,483       39
 Cat J Exception Values:                        7,241,983                 6,982,795
 Cat D1 Exception Values:                         412,083                   391,890
 Other Exception Values:                                0                         0
Exception Totals(3):                            7,654,066                 7,374,685
Test Values(4):                                93,128,915                96,683,168

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,834,158
Confidence Interval Values:
  State Lower Limit:                                       91,849,010  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        93,128,915  (Within Confidence Interval Limits)
  State Upper Limit:                                      101,517,326  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        95,718,259  (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.