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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        178-901-178 Agua Dulce

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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          3,520,182     .8886       3,961,492        7
  2      A  - Single-family Residences          3,524,629     .8874       3,971,860        7
  3      A  - Single-family Residences          3,512,772     .9241       3,801,290        8
  4      A  - Single-family Residences          3,524,629     .9928       3,550,190        6
  5      D  - Rural Real                        5,824,395     .9874       5,898,719       12
  6      G  - Oil, Gas, Minerals               13,175,516     .9681      13,609,664       11
  7      L  - Commercial Personal               8,707,745    1.0250       8,495,361        9

Random Totals:                                 41,789,868                43,288,576       60
 Cat J Exception Values:                        2,063,240                 2,070,736
 Cat D1 Exception Values:                      14,224,445                15,177,501
 Other Exception Values:                        6,854,414                 4,542,495
Exception Totals(3):                           23,142,099                21,790,732
Test Values(4):                                64,931,967                65,079,308

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,253,965
Confidence Interval Values:
  State Lower Limit:                                       61,825,343  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        64,931,967  (Within Confidence Interval Limits)
  State Upper Limit:                                       68,333,273  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        70,890,793  (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.