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Date:   1/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:      9:04                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        112-905-116 Cumby

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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          1,020,510     .9619       1,060,931        9
  2      D  - Rural Real                        2,420,780     .9622       2,515,880       10

Random Totals:                                  3,441,290                 3,576,811       19
 Cat J Exception Values:                          250,304                   260,631
 Cat D1 Exception Values:                         508,480                   481,618
 Other Exception Values:                                0                         0
Exception Totals(3):                              758,784                   742,249
Test Values(4):                                 4,200,074                 4,319,060

Margin of Error Percent:                                    6.5852292
Margin of Error Value:                                        284,420
Confidence Interval Values:
  State Lower Limit:                                        4,034,640  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                         4,200,074  (Within Confidence Interval Limits)
  State Upper Limit:                                        4,603,480  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                         4,131,771  (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.