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DATE:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME: 16:53                                            2003 PROPERTY VALUE STUDY                                        RPT: VAL7214
                                                        STRATIFIED RATIO DETAIL
                                                                225  Titus
                                                            225-906  Chapel Hill

+-----| C A T E G O R Y: A  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|L              1          21,495 |    0              0               0 Untested |    129      1,642,049  Untested       1,642,049 |
|N1        21,496          65,437 |    7        338,458 /       343,372 =  .9857 |    172      7,835,859 /  .9857 =      7,949,537 |
|N2        65,438         100,289 |   10        841,083 /       902,832 =  .9316 |     89      7,809,587 /  .9316 =      8,382,983 |
|N3       100,290         149,609 |    7        899,926 /       946,554 =  .9507 |     58      7,829,291 /  .9507 =      8,235,291 |
|N4       149,610           &  UP |    7      1,379,210 /     1,345,525 = 1.0250 |     38      7,724,200 / 1.0250 =      7,535,805 |
|                                 |                                              |                                                 |
|      Random Totals:             |   31                                         |    357     31,198,937                32,103,616 |
|      Untested Totals:           |                                              |    129      1,642,049                 1,642,049 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |   31                                         |    486     32,840,986      /         33,745,665 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:    .9732       |
+----------------------------------------------------------------------------------------------------------------------------------+

+-----| C A T E G O R Y: B  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|N1             1           &  UP |    0              0               0 Untested |      0              0  Untested               0 |
|                                 |                                              |                                                 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |    0                                         |      0              0      /                  0 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:    .0000       |
+----------------------------------------------------------------------------------------------------------------------------------+

+-----| C A T E G O R Y: C  |-----+-----------| S A M P L E  D A T A |-----------+-----------| S T R A T U M  D A T A |------------+
|                                 |                                              |                                                 |
|        Low             High     | Sam      Sam CAD         Sam PTD      Random |Stratum   Stratum CAD    Random     Stratum PTD  |
|       Range           Range     | Obs       Value           Value        Ratio |Parcels      Value        Ratio        Value     |
|  --------------  -------------- |-----  -------------   -------------   ------ |------- --------------   ------   -------------- |
|L              1           2,670 |    0              0               0 Untested |     70         86,235  Untested          86,235 |
|N1         2,671           8,630 |    0              0               0 Untested |     67        413,076  Untested         413,076 |
|N2         8,631          14,040 |    0              0               0 Untested |     30        402,147  Untested         402,147 |
|N3        14,041          24,420 |    0              0               0 Untested |     19        427,762  Untested         427,762 |
|N4        24,421           &  UP |    0              0               0 Untested |      8        378,411  Untested         378,411 |
|                                 |                                              |                                                 |
|      Untested Totals:           |                                              |    194      1,707,631                 1,707,631 |
|                                 |-----                                         |------- --------------            -------------- |
|      Category Totals:           |    0                                         |    194      1,707,631      /          1,707,631 |
|                                 |=====                                         |======= ==============            ============== |
|                                 |                                              |            Final Category Ratio:   1.0000       |
+----------------------------------------------------------------------------------------------------------------------------------+

DATE: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 2 TIME: 16:53 2003 PROPERTY VALUE STUDY RPT: VAL7214 STRATIFIED RATIO DETAIL 225 Titus 225-906 Chapel Hill +-----| C A T E G O R Y: F |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |N1 1 & UP | 0 0 0 Untested | 22 1,222,158 Untested 1,222,158 | | | | | | Untested Totals: | | 22 1,222,158 1,222,158 | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 22 1,222,158 / 1,222,158 | | |===== |======= ============== ============== | | | | Final Category Ratio: 1.0000 | +----------------------------------------------------------------------------------------------------------------------------------+ +-----| C A T E G O R Y: G |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |N1 1 & UP | 0 0 0 Untested | 0 0 Untested 0 | | | | | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 0 0 / 0 | | |===== |======= ============== ============== | | | | Final Category Ratio: .0000 | +----------------------------------------------------------------------------------------------------------------------------------+ +-----| C A T E G O R Y: L |-----+-----------| S A M P L E D A T A |-----------+-----------| S T R A T U M D A T A |------------+ | | | | | Low High | Sam Sam CAD Sam PTD Random |Stratum Stratum CAD Random Stratum PTD | | Range Range | Obs Value Value Ratio |Parcels Value Ratio Value | | -------------- -------------- |----- ------------- ------------- ------ |------- -------------- ------ -------------- | |N1 1 & UP | 0 0 0 Untested | 48 1,299,107 Untested 1,299,107 | | | | | | Untested Totals: | | 48 1,299,107 1,299,107 | | |----- |------- -------------- -------------- | | Category Totals: | 0 | 48 1,299,107 / 1,299,107 | | |===== |======= ============== ============== | | | | Final Category Ratio: 1.0000 | +----------------------------------------------------------------------------------------------------------------------------------+