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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:33                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        146-901-146 Cleveland

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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         62,954,239     .8821      71,368,597        8
  2      A  - Single-family Residences         62,874,785     .9580      65,631,300       14
  3      A  - Single-family Residences         62,901,269     .9261      67,920,601       21
  4      A  - Single-family Residences         62,874,785     .9826      63,988,179       24
  5      C  - Vacant Lots                       6,290,833     .7139       8,811,925        7
  6      C  - Vacant Lots                       6,288,185     .9454       6,651,349        7
  7      C  - Vacant Lots                       6,372,910     .9853       6,467,989        7
  8      C  - Vacant Lots                       6,192,870    1.1622       5,328,575        7
  9      D  - Rural Real                       39,084,045     .9378      41,676,312       20
 10      F  - Commercial Real                  15,870,326    1.0019      15,840,230        7
 11      F  - Commercial Real                  15,990,555     .8122      19,687,952        8
 12      F  - Commercial Real                  15,856,967     .9548      16,607,632        7
 13      F  - Commercial Real                  15,723,378     .9514      16,526,569        2
 14      L  - Commercial Personal              12,836,074    1.0887      11,790,276        7
 15      L  - Commercial Personal              12,998,283    1.0149      12,807,452        7
 16      L  - Commercial Personal              14,982,629    1.0318      14,520,865        5

Random Totals:                                420,092,133               445,625,803      158
 Cat J Exception Values:                       37,085,512                37,531,531
 Cat D1 Exception Values:                      22,606,790                19,116,957
 Other Exception Values:                       11,389,714                11,575,158
Exception Totals(3):                           71,082,016                68,223,646
Test Values(4):                               491,174,149               513,849,449

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     25,692,472
Confidence Interval Values:
  State Lower Limit:                                      488,156,977  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       491,174,149  (Within Confidence Interval Limits)
  State Upper Limit:                                      539,541,921  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       475,821,196  (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.