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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
                                                        116-905-116 Greenville

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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        106,362,464     .7291     145,881,860        8
  2      A  - Single-family Residences        106,362,464     .8169     130,202,551        9
  3      A  - Single-family Residences        106,407,249     .8399     126,690,379        9
  4      A  - Single-family Residences        106,272,896     .9367     113,454,570       11
  5      B  - Multi-family Residences          12,090,768     .9147      13,218,288        7
  6      B  - Multi-family Residences          11,689,374     .8204      14,248,384        5
  7      B  - Multi-family Residences          12,051,608     .8743      13,784,294        3
  8      D  - Rural Real                       75,344,242     .9830      76,647,245       38
  9      F  - Commercial Real                  39,340,258    1.0937      35,969,880       10
 10      F  - Commercial Real                  39,406,515    1.0323      38,173,511        8
 11      F  - Commercial Real                  40,499,760    1.0219      39,631,823        7
 12      F  - Commercial Real                  38,131,063     .9880      38,594,193        5
 13      L  - Commercial Personal              21,151,745     .9580      22,079,066        7
 14      L  - Commercial Personal              21,258,168    1.0306      20,626,982        8
 15      L  - Commercial Personal              21,018,715     .9800      21,447,668        6
 16      L  - Commercial Personal              20,841,342     .9708      21,468,214        4

Random Totals:                                778,228,631               872,118,908      145
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       5,679,980                 5,453,892
 Other Exception Values:                        9,891,635                10,045,482
Exception Totals(3):                           15,571,615                15,499,374
Test Values(4):                               793,800,246               887,618,282

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     44,380,914
Confidence Interval Values:
  Local Test Value:                                       793,800,246  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      843,237,368  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      931,999,196  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,019,110,060  (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.