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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:19                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        042-906-042 Novice

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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          1,423,706    1.0184       1,397,983       15
  2      A  - Single-family Residences          1,412,425     .9663       1,461,684       15
  3      A  - Single-family Residences          1,429,643     .9058       1,578,321       14
  4      A  - Single-family Residences          1,366,116     .9938       1,374,639       10
  5      D  - Rural Real                        5,524,260     .8909       6,200,763       20
  6      G  - Oil, Gas, Minerals                5,475,990    1.0212       5,362,309       41

Random Totals:                                 16,632,140                17,375,699      115
 Cat J Exception Values:                        5,137,900                 5,393,286
 Cat D1 Exception Values:                       5,156,410                 5,317,595
 Other Exception Values:                                0                         0
Exception Totals(3):                           10,294,310                10,710,881
Test Values(4):                                26,926,450                28,086,580

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,404,329
Confidence Interval Values:
  State Lower Limit:                                       26,682,251  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        26,926,450  (Within Confidence Interval Limits)
  State Upper Limit:                                       29,490,909  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        27,582,868  (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.