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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:42                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        108-915-108 Monte Alto

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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          3,847,808     .9315       4,130,765       14
  2      A  - Single-family Residences          3,867,307     .9179       4,213,212       14
  3      A  - Single-family Residences          3,864,057     .9486       4,073,431       12
  4      A  - Single-family Residences          3,859,182     .9513       4,056,746       11
  5      C  - Vacant Lots                         451,087     .9816         459,543        8
  6      C  - Vacant Lots                         451,847     .9642         468,624        8
  7      C  - Vacant Lots                         453,369     .9884         458,690        7
  8      C  - Vacant Lots                         450,326     .9565         470,806        7
  9      D  - Rural Real                        3,763,347     .9757       3,857,074       21

Random Totals:                                 21,008,330                22,188,891      102
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       7,775,871                 7,455,643
 Other Exception Values:                                0                         0
Exception Totals(3):                            7,775,871                 7,455,643
Test Values(4):                                28,784,201                29,644,534

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,482,227
Confidence Interval Values:
  State Lower Limit:                                       28,162,307  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        28,784,201  (Within Confidence Interval Limits)
  State Upper Limit:                                       31,126,761  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        36,664,015  (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.