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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
                                                        161-924-161 Hallsburg

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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          4,310,301    1.0081       4,275,668       12
  2      A  - Single-family Residences          4,297,692     .9522       4,513,434        7
  3      A  - Single-family Residences          4,254,463    1.0505       4,049,941        7
  4      A  - Single-family Residences          4,261,668     .9999       4,262,094        6
  5      D  - Rural Real                       12,983,635     .9774      13,283,850       20

Random Totals:                                 30,107,759                30,384,987       52
 Cat J Exception Values:                        4,640,525                 4,922,398
 Cat D1 Exception Values:                       1,294,104                 1,029,130
 Other Exception Values:                                0                         0
Exception Totals(3):                            5,934,629                 5,951,528
Test Values(4):                                36,042,388                36,336,515

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      1,816,826
Confidence Interval Values:
  State Lower Limit:                                       34,519,689  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        36,042,388  (Within Confidence Interval Limits)
  State Upper Limit:                                       38,153,341  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        64,041,455  (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.