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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:08                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        174-910-174 Etoile

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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          6,064,972     .8517       7,121,019        7
  2      A  - Single-family Residences          6,082,855     .9467       6,425,325        7
  3      A  - Single-family Residences          6,133,950    1.0126       6,057,624        9
  4      A  - Single-family Residences          5,995,994     .9901       6,055,948        7
  5      C  - Vacant Lots                       1,006,151     .7870       1,278,464       13
  6      C  - Vacant Lots                         432,207     .8519         507,345        7
  7      C  - Vacant Lots                         727,239     .7336         991,329        7
  8      C  - Vacant Lots                         713,552     .9106         783,606        6
  9      D  - Rural Real                        4,260,950    1.1466       3,716,161       10

Random Totals:                                 31,417,870                32,936,821       73
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       7,765,980                 7,863,624
 Other Exception Values:                                0                         0
Exception Totals(3):                            7,765,980                 7,863,624
Test Values(4):                                39,183,850                40,800,445

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,040,022
Confidence Interval Values:
  State Lower Limit:                                       38,760,423  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        39,183,850  (Within Confidence Interval Limits)
  State Upper Limit:                                       42,840,467  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        32,838,820  (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.