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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:20                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        137-902-137 Ricardo

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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         14,997,710     .9916      15,124,758        7
  2      A  - Single-family Residences         14,922,154     .9915      15,050,080        7
  3      A  - Single-family Residences         14,953,636     .9892      15,116,899        7
  4      A  - Single-family Residences         14,947,340    1.0096      14,805,210        7
  5      D  - Rural Real                        8,046,108     .9891       8,134,777       11

Random Totals:                                 67,866,948                68,231,724       39
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,998,172                 5,141,608
 Other Exception Values:                       69,385,320                72,446,606
Exception Totals(3):                           74,383,492                77,588,214
Test Values(4):                               142,250,440               145,819,938

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,290,997
Confidence Interval Values:
  State Lower Limit:                                      138,528,941  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       142,250,440  (Within Confidence Interval Limits)
  State Upper Limit:                                      153,110,935  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       171,032,056  (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.