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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:50                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        112-910-112 Sulphur Bluff

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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          1,503,045    1.0858       1,384,274        6
  2      A  - Single-family Residences          1,480,159    1.1194       1,322,279        8
  3      A  - Single-family Residences          1,478,922    1.0308       1,434,732        6
  4      A  - Single-family Residences          1,424,491    1.0572       1,347,419        5
  5      D  - Rural Real                       19,567,820     .9969      19,628,669       18

Random Totals:                                 25,454,437                25,117,373       43
 Cat J Exception Values:                        2,920,791                 3,082,726
 Cat D1 Exception Values:                       7,192,390                 6,736,300
 Other Exception Values:                                0                         0
Exception Totals(3):                           10,113,181                 9,819,026
Test Values(4):                                35,567,618                34,936,399

Margin of Error Percent:                                    8.3529988
Margin of Error Value:                                      2,918,237
Confidence Interval Values:
  State Lower Limit:                                       32,018,162  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        35,567,618  (Within Confidence Interval Limits)
  State Upper Limit:                                       37,854,636  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        33,982,488  (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.