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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:52                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        115-903-115 Dell City

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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            709,289     .9809         723,100        8
  2      A  - Single-family Residences            710,778     .8898         798,806        7
  3      A  - Single-family Residences            696,193     .9588         726,109        7
  4      A  - Single-family Residences            705,420     .9936         709,964        8
  5      C  - Vacant Lots                         830,010     .9765         849,985        8
  6      C  - Vacant Lots                         886,044     .9114         972,179        8
  7      C  - Vacant Lots                         766,971     .9617         797,516        7
  8      C  - Vacant Lots                         819,153     .9771         838,351        9
  9      D  - Rural Real                       11,228,213    1.0284      10,918,138       12

Random Totals:                                 17,352,071                17,334,148       74
 Cat J Exception Values:                        4,504,640                 3,696,211
 Cat D1 Exception Values:                      10,459,399                10,879,619
 Other Exception Values:                                0                         0
Exception Totals(3):                           14,964,039                14,575,830
Test Values(4):                                32,316,110                31,909,978

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,595,499
Confidence Interval Values:
  State Lower Limit:                                       30,314,479  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        32,316,110  (Within Confidence Interval Limits)
  State Upper Limit:                                       33,505,477  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        42,856,450  (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.