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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:59                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        020-904-020 Danbury

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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         17,249,496    1.0979      15,711,354        7
  2      A  - Single-family Residences         17,068,911    1.0121      16,864,846        7
  3      A  - Single-family Residences         17,271,166     .9227      18,718,073        8
  4      A  - Single-family Residences         17,076,134     .9985      17,101,787        7
  5      D  - Rural Real                       15,710,410     .9010      17,436,637       11

Random Totals:                                 84,376,117                85,832,697       40
 Cat J Exception Values:                        8,136,366                 8,412,248
 Cat D1 Exception Values:                       4,124,610                 4,000,152
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,260,976                12,412,400
Test Values(4):                                96,637,093                98,245,097

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,912,255
Confidence Interval Values:
  State Lower Limit:                                       93,332,842  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        96,637,093  (Within Confidence Interval Limits)
  State Upper Limit:                                      103,157,352  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       103,912,519  (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.