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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        161-908-161 Mart

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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          8,436,443     .9877       8,541,503       15
  2      A  - Single-family Residences          8,397,467    1.0749       7,812,324       15
  3      A  - Single-family Residences          8,436,443    1.0161       8,302,768       15
  4      A  - Single-family Residences          8,404,554     .9625       8,732,004       16
  5      D  - Rural Real                       14,441,334     .9947      14,518,281       20
  6      F  - Commercial Real                   1,108,770    1.0201       1,086,923        7
  7      F  - Commercial Real                   1,201,167    1.0051       1,195,072        6
  8      F  - Commercial Real                   1,331,278    1.0000       1,331,278        4
  9      L  - Commercial Personal                 718,496     .9633         745,869        6
 10      L  - Commercial Personal                 704,629    1.0583         665,812        3

Random Totals:                                 53,180,581                52,931,834      107
 Cat J Exception Values:                        5,515,940                 6,062,820
 Cat D1 Exception Values:                      10,431,567                10,628,986
 Other Exception Values:                        1,675,518                 1,677,863
Exception Totals(3):                           17,623,025                18,369,669
Test Values(4):                                70,803,606                71,301,503

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,565,075
Confidence Interval Values:
  State Lower Limit:                                       67,736,428  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        70,803,606  (Within Confidence Interval Limits)
  State Upper Limit:                                       74,866,578  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        58,756,725  (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.