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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:41                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        212-902-212 Bullard

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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         80,867,278    1.0058      80,400,952       41
  2      A  - Single-family Residences         81,003,475    1.0258      78,966,148       51
  3      A  - Single-family Residences         80,662,981    1.0798      74,701,779       15
  4      A  - Single-family Residences         80,833,228    1.0329      78,258,523       16
  5      C  - Vacant Lots                       6,659,008    1.3291       5,010,163       19
  6      C  - Vacant Lots                       6,971,978    1.1282       6,179,736       15
  7      C  - Vacant Lots                       6,217,496    1.0638       5,844,610        7
  8      C  - Vacant Lots                       6,561,204    1.0019       6,548,761        8
  9      D  - Rural Real                       51,727,800    1.0789      47,944,944       25

Random Totals:                                401,504,448               383,855,616      197
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       5,983,279                 4,641,594
 Other Exception Values:                                0                         0
Exception Totals(3):                            5,983,279                 4,641,594
Test Values(4):                               407,487,727               388,497,210

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     19,424,861
Confidence Interval Values:
  State Lower Limit:                                      369,072,349  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       407,487,727  (Within Confidence Interval Limits)
  State Upper Limit:                                      407,922,071  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       379,162,831  (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.