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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
                                                        116-915-116 Bland

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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          7,043,017     .9466       7,440,331        7
  2      A  - Single-family Residences          7,028,133     .9290       7,565,267        7
  3      A  - Single-family Residences          7,043,017    1.0150       6,938,933        7
  4      A  - Single-family Residences          7,040,040     .9469       7,434,829        8
  5      D  - Rural Real                       34,735,170     .9620      36,107,245       11

Random Totals:                                 62,889,377                65,486,605       40
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,060,700                 2,948,424
 Other Exception Values:                                0                         0
Exception Totals(3):                            3,060,700                 2,948,424
Test Values(4):                                65,950,077                68,435,029

Margin of Error Percent:                                   13.4961556
Margin of Error Value:                                      9,236,098
Confidence Interval Values:
  State Lower Limit:                                       59,198,931  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        65,950,077  (Within Confidence Interval Limits)
  State Upper Limit:                                       77,671,127  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        67,177,055  (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.