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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:05                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        093-905-170 Richards

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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          1,363,785     .9882       1,380,070       16
  2      A  - Single-family Residences          1,397,104    1.0158       1,375,373       13
  3      A  - Single-family Residences          1,426,402    1.1163       1,277,794       11
  4      D  - Rural Real                        1,833,780     .9801       1,871,013       16

Random Totals:                                  6,021,071                 5,904,250       56
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,818,390                 1,592,006
 Other Exception Values:                        1,281,720                   998,932
Exception Totals(3):                            3,100,110                 2,590,938
Test Values(4):                                 9,121,181                 8,495,188

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                        424,759
Confidence Interval Values:
  State Lower Limit:                                        8,070,429  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                        8,919,947  (State Test Value Plus Margin of Error Value)
  Local Test Value:                                         9,121,181  (Outside of ConfidenceInterval Limits)
Value Assigned (5):                                         8,454,573  (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.